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Advantage Insurance Announces Executive Appointments

Advantage Insurance Holdings Ltd. , a leader in providing customized insurance solutions for businesses and individuals, today announced that Walter C. Keenan has been named its President and Chief Executive Officer .

Insurance premiums for cars go up by 60%

The Saudi Arabian Monetary Agency (SAMA) has decided to raise vehicle insurance premiums by 60 percent, a move that has angered car rental firms and individuals, according to insurance experts and dealers quoted in local media.The total value of vehicle insurance premiums stood at SR 4.69 billion in 2012, accounting for 22 percent of the total premiums injected into the insurance sector …

Insurance fraud hotline launched

To safeguard the interests of law-abiding policy holders, the Insurance Council of New Zealand has launched an insurance fraud hotline. Insurance Council Finance and Regulation Manager Terry Jordan estimates insurance fraud costs New Zealand policy holders in excess of $150 million annually. “Insurance fraud is a crime that honest Kiwi policy holders pay for,” says Mr Jordan. “This is because …