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US Authorities Investigate Mark Walter's Insurance Empire
BusinessFTzerohedge12d ago2 sources

US Authorities Investigate Mark Walter's Insurance Empire

Federal prosecutors in the US are investigating insurance companies owned by billionaire Mark Walter, focusing on potential issues with asset disclosures. The probe targets Walter's extensive insurance empire, including Guggenheim.

Slovak Health Insurance Merger Raises Concerns Over PENTA's Influence
Businessdennik-naktuality-sk16d ago2 sources

Slovak Health Insurance Merger Raises Concerns Over PENTA's Influence

The proposed merger of Dôvera and Union health insurance companies in Slovakia is raising concerns about increased power and financial gain for the PENTA financial group. Critics argue that this consolidation could negatively impact ordinary patients and the healthcare system.

Private Funds Target Credit Card Debts
Businessnaftemporiki3mo ago

Private Funds Target Credit Card Debts

Private consumer debts, particularly those from credit cards, have become a highly sought-after category in private credit. Investment funds and the investment arms of insurance companies are increasingly targeting these debts.

Hidden Belgian Health Report Claims Many Long-Term Sick Are Fit for Work
Healthdh-les-sports3mo ago

Hidden Belgian Health Report Claims Many Long-Term Sick Are Fit for Work

A report from Belgium's INAMI, kept secret for four years, suggests that 59% of long-term sick individuals are capable of working. The report has sparked political debate, with some parties advocating for stricter controls, while experts and mutual insurance companies question its validity.

Slovak Spas Offer Discounts, Health Insurance Benefits
Healthaktuality-sk4mo ago

Slovak Spas Offer Discounts, Health Insurance Benefits

Slovak spas like Dudince, Bardejov, and Lúčky are offering discounts of up to 25 percent through health insurance companies, alongside loyalty bonuses and special promotions, with lower prices available outside peak season.

Greek Vehicle Insurance Market Trends for 2025
Businessnewsbeast2mo ago

Greek Vehicle Insurance Market Trends for 2025

The Greek insurance market is projected to see an increase in insured vehicles, higher premium production, and rising average compensation costs in 2025, according to a new survey by the Association of Insurance Companies of Greece.

Polish Police Arrest 11 in Car Insurance Fraud Scheme
Politicstvn242mo ago

Polish Police Arrest 11 in Car Insurance Fraud Scheme

Polish Central Bureau of Investigation Police arrested 11 individuals suspected of involvement in an organized group defrauding car insurance companies. Among those detained are employees of insurance firms, indicating an insider aspect to the scheme.

Rapid Rise in Cyber and Online Risk Insurance in Greece
Businessnewsbeast3mo ago

Rapid Rise in Cyber and Online Risk Insurance in Greece

The market for cyber and online risk insurance in Greece is experiencing a rapid increase in dynamics, with a significant rise in the number of contracts according to the latest data from the Association of Insurance Companies of Greece.

California Bear Suit Insurance Fraudsters Sentenced to Jail
PoliticsAPNYTThe Guardian+5Fox NewsSCMPtelexindex-hrindian-express3mo ago8 sources

California Bear Suit Insurance Fraudsters Sentenced to Jail

Three individuals in California have been sentenced to jail for an elaborate insurance fraud scheme. The scam involved intentionally damaging luxury cars while one person wore a bear costume to deceive insurance companies.

FinanceDaily Nation3mo ago

Advocacy for Insurance Client Protection

The article highlights the importance of protecting insurance clients, arguing against penalizing them when the insurance companies they have purchased coverage from fail to deliver.

Nepal Police Uncover Everest Insurance Fraud Scheme
Politicsla-vanguardia4mo ago

Nepal Police Uncover Everest Insurance Fraud Scheme

Nepalese police have charged 32 individuals, including guides, helicopter pilots, and medical personnel, in connection with an insurance fraud scheme on Mount Everest. The corrupt plot allegedly involved intoxicating climbers and trekkers to defraud insurance companies of nearly 17 million.

Insurers Restrict Coverage for Weight-Loss Drugs
HealthBusiness Insider4mo ago

Insurers Restrict Coverage for Weight-Loss Drugs

Insurance companies are increasingly cutting off coverage for popular weight-loss medications like Zepbound, leaving patients who have seen significant results without access to their prescriptions.

Czech Minister Appoints Allies to Health Insurance Supervisory Boards
Politicsirozhlas4mo ago

Czech Minister Appoints Allies to Health Insurance Supervisory Boards

The Czech Ministries of Labor and Social Affairs and Health are appointing representatives to the supervisory boards of employee health insurance companies. A list of nominees reveals that the Minister of Labor and Social Affairs, Marian Jurečka, is filling these positions with his closest colleagues, including one who was a prominent figure in the 'Alliance for the Family'.

Top Life Insurance Companies for 2026 Identified
BusinessYahoo4d ago

Top Life Insurance Companies for 2026 Identified

A new report identifies the seven best life insurance companies for 2026, offering insights for consumers seeking coverage. The selection aims to guide individuals in making informed decisions about their financial future.

NAICOM Bars Insurers with Outstanding Claims from Relicensing
Businessvanguard-ng26d ago

NAICOM Bars Insurers with Outstanding Claims from Relicensing

The National Insurance Commission (NAICOM) announced that insurance companies with outstanding claims will not be relicensed as part of the ongoing recapitalization efforts. This directive aims to ensure that only financially stable and responsible insurers continue to operate in the market.

Belgian Politician Proposes Parties Pay Family Allowances
Worlddh-les-sports2mo ago

Belgian Politician Proposes Parties Pay Family Allowances

Georges-Louis Bouchez, president of the MR party, suggested that political parties could pay family allowances during the next budget conclave, aiming to highlight his opposition to private mutual insurance companies managing such funds.

Crans-Montana Fire Safety Failures Spark Blame Game
Businessnzz3mo ago

Crans-Montana Fire Safety Failures Spark Blame Game

A dispute has erupted in Crans-Montana over responsibility for severe lapses in fire safety inspections at "Le Constellation" bar, with victim lawyers pursuing insurance companies who are deflecting blame to authorities.

Everest Guides Implicated in $20 Million Fake Rescue Scam
WorldFrance 244mo ago

Everest Guides Implicated in $20 Million Fake Rescue Scam

A multi-million-dollar insurance scam involving fake emergency rescues on Mount Everest has come to light, potentially affecting over 4,700 trekkers. Mountain guides, helicopter companies, and private hospitals are accused of overcharging insurance companies, with some allegations even including poisoning climbers.

Czech Hospitals Face Financial Crisis Due to Unpaid Insurance Claims
Healthirozhlas4mo ago

Czech Hospitals Face Financial Crisis Due to Unpaid Insurance Claims

Hospitals in the Moravian-Silesian region of the Czech Republic are experiencing a severe financial shortfall, with hundreds of millions of crowns owed by insurance companies for services already provided, forcing some facilities like Ostrava Municipal Hospital to take out loans.

Insurers must justify dropping drivers over 70
Businesscyprus-mail4mo ago

Insurers must justify dropping drivers over 70

By Elias Hazou Motor insurance companies must now document their reasons when terminating coverage to people aged over 70, under a law passed by the House on Thursday. Tabled by Volt MP Alexandra Attalidou, the bill aims to end discriminatory practices by insurance companies against senior citizens. Companies must inform in writing elderly customers of […]