Risk Management

Former City Manager Charged With Embezzlement and Fraud
Risk Management Former City Manager Charged With Embezzlement and Fraud

The legal saga surrounding former assistant city manager Carl Alameda has captured significant public attention after he was charged with numerous counts of embezzlement and insurance fraud. Prosecutors allege that Alameda, during his six-year tenure at La Cañada Flintridge, diverted close to

How Will FingerMotion Transform Indonesian Insurance?
Risk Management How Will FingerMotion Transform Indonesian Insurance?

The insurance landscape in Indonesia is on the brink of a significant transformation as FingerMotion, Inc., a key player in mobile services, data, and technology, targets this burgeoning market with its advanced AI-powered insurance risk rating platform. This strategic expansion is facilitated

How Can Advisors Navigate Life Insurance in Uncertain Times?
Risk Management How Can Advisors Navigate Life Insurance in Uncertain Times?

In recent times, economic volatility and changing tax laws have underscored the critical need for strategic planning in life insurance. As advisors face the challenge of providing clients with secure and adaptable plans, understanding the intricacies of advanced life insurance case designs becomes

South Florida's Rising Trend of Cuban Insurance Fraud Schemes
Risk Management South Florida's Rising Trend of Cuban Insurance Fraud Schemes

South Florida is witnessing an alarming surge in insurance fraud schemes, predominantly orchestrated by Cuban nationals. These scams typically involve staged car accidents to facilitate fraudulent claims, imposing a hefty financial burden on insurance providers and honest policyholders alike. The

Leadership Shifts at Comerica and USAA Amid Regulatory Pressures
Risk Management Leadership Shifts at Comerica and USAA Amid Regulatory Pressures

In a financial sector grappling with increasing regulatory pressures, Comerica Bank and USAA are navigating transformative executive changes. This shift is epitomized by the departure of Brian Goldman, who, after serving as Comerica's Chief Risk Officer, is poised to take on a similar role at

Navigating Market Volatility: Strategic Insights for Insurers
Risk Management Navigating Market Volatility: Strategic Insights for Insurers

In the complex landscape of today's global economy, insurance investors face volatility that demands diligent strategy and foresight. Economic uncertainty, compounded by evolving trade policies—such as recent tariff adjustments between the United States and China—poses unique challenges and opp

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