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Arrests in California Fraud Ring Targeting Auto Dealers and Insurers

2014-05-24 15:54:20| Auto Dealers - Topix.net

A four-year investigation into an organized fraud ring has uncovered a million-dollar scheme targeting high-end vehicles through auto loan and insurance fraud has led to several arrests, according to the California Department of Insurance.

Tags: auto california ring fraud

 

Bank of England head warns insurers

2014-05-22 18:21:34| BBC News | Business | UK Edition

The Bank of England's governor has warned insurers that the Bank will hold them to account in the same way that it regulates bankers.

Tags: head bank england warns

 
 

UPDATE 1-U.S. health insurers say Gilead hepatitis C drug too costly

2014-05-21 03:50:55| Biotech - Topix.net

The leading U.S. health insurance trade group on Tuesday hit out at the extremely high cost of new specialty medicines, accusing drugmakers of taking advantage of the insurance system by pricing products at unsustainable levels.

Tags: health too update drug

 

Insurer's annuity sales 'down 40%'

2014-05-07 15:08:47| BBC News | Business | UK Edition

The sale of annuities by insurer Legal and General dropped by 40% in the first quarter of the year amid a shake-up in the pensions system.

Tags: sales insurers annuity

 

GM may have trouble collecting money from insurers for ignition defect claims

2014-04-27 14:41:55| Footwear - Topix.net

GM CEO Mary Barra takes the heat last month at a Senate subcommittee hearing on the massive recall of faulty ignition switches.

Tags: money claims trouble collecting

 

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