Insurance

(Reuters) -Italian insurer Generali SpA is planning to sell roughly 20 billion euros ($21 billion) of its Italian life insurance portfolio, Bloomberg News reported on Wednesday, citing people familiar with …

CAMDEN, N.J. – An opioid abuse treatment facility in Camden will pay a total of $3.15 million to resolve criminal and civil claims that it caused kickbacks, obstructed a federal …

Greenbelt, Maryland – Jaleel Phillips, age 25, of Capital Heights, Maryland, pleaded guilty today to a federal wire fraud conspiracy, in relation to a scheme to unlawfully obtain COVID-19 relief …

CHARLOTTE, N.C. – U.S. Attorney Dena J. King announced that a federal grand jury in Charlotte returned an indictment today charging two tax attorneys and an insurance agent with conspiring …

By Carolyn Cohn and Michael Shields ZURICH/LONDON (Reuters) -Zurich Insurance Group set more ambitious financial targets for the next three years on Wednesday as insurers benefit from rising premium rates. …

WASHINGTON (Reuters) – U.S. President Joe Biden has tapped Martin Gruenberg to serve as chairman of the board of directors of the Federal Deposit Insurance Corporation, the White House said …

NEWARK, N.J. – A Gloucester County, New Jersey, man today admitted that he illegally obtained more than $400,000 in unemployment insurance benefits, U.S. Attorney Philip R. Sellinger announced.  Willie Carter, …

ALBANY, NEW YORK – Rhasha Wright, age 30, of Roosevelt, New York, was sentenced today to 24 months and a day in prison for scheming with New York State prisoners …

MADRID (Reuters) – Spain’s Caixabank on Friday said that its net profit in the third quarter rose 18.8% against a year ago thanks to an increase in lending income, fees …

Assistant U. S. Attorneys Peter Ko (619) 546-7359 and Mark Conover (619) 546-6763 NEWS RELEASE SUMMARY – October 27, 2022 SAN DIEGO – Christopher Toups, who at the time of …

  Biden’s Climate Bureaucrats Set Their Sights On Americans’ Insurance Jack McEvoy on October 18, 2022 The Treasury Department announced Tuesday that it is moving to amass data from private …

By Nivedita Balu (Reuters) – Lyft Inc is increasing the service fee its U.S. riders pay directly to the company to cover higher insurance costs, the ride-hailing firm said. The …

LONDON (Reuters) – The cost of insuring the debt of Credit Suisse against default rose on Wednesday, while its bonds and shares fell, after reports that the Swiss lender may …

SACRAMENTO, Calif. — Kaymeisha Keyes, 30, most recently of Tracy, was arrested today after a federal grand jury returned a 16-count indictment on Aug. 11, 2022 , charging her with …

MUNICH (Reuters) – German drivers should brace for higher auto insurance premiums next year, following three years of price declines, an industry executive told Reuters. Higher insurance prices are the …

FRESNO, Calif. — Sholanda Thomas, 38, a former Hoover Crips gang member and an inmate at the Central California Women’s Facility (CCWF) in Chowchilla, was sentenced today to five years …

ABOARD AIR FORCE ONE (Reuters) – The Biden administration is monitoring the impacts of Hurricane Ian on the insurance industry, a senior U.S. official told reporters. Federal Emergency Management Agency …

NEWARK, N.J. – An Illinois man was sentenced to 39 months in prison for using other individuals’ personal identification information to fraudulently obtain unemployment insurance benefits while he was incarcerated, …

NEWARK, N.J. – A former U.S. Postal Service (USPS) employee was sentenced to 13 months in prison for fraudulently obtaining unemployment insurance benefits, U.S. Attorney Philip R. Sellinger announced.  Khaori …

LONDON (Reuters) – The European energy crisis following Russia’s war in Ukraine should come as no surprise and is a reminder that governments and companies should have switched more quickly …

ALBANY, NEW YORK – Thomas Brace a/k/a “Justice,” age 61, of Altoona, Pennsylvania, and formerly of Albany; Taliek Lanier, age 22, of Albany; and Errol Murray, age 21, of Yonkers, …

ALBANY, NEW YORK – Kahleke Taylor, age 21, of Albany, pled guilty today to mail fraud, wire fraud and aggravated identity theft charges related to a scheme to obtain COVID-19 pandemic-related …

Tampa, Florida – U.S. District Judge Steven D. Merryday today sentenced Devaris McClain (30, Tampa) to five years and one month in federal prison for conspiracy to commit access device …

SACRAMENTO, Calif. — Kenneth Ray Hawkins, 47, formerly an inmate at the Deuel Vocational Institution (DVI), a California state prison in Tracy, pleaded guilty today to conspiring to commit mail …

WASHINGTON – A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds will be insured by the …