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Western Reserve Life Assurance | September 10, 2018
An insurance agent in Ashburn, VA has been sentenced to two years in prison for defrauding her client of about $182,000. Loudoun Now reported that Semyya Cunningham, 41, was convicted by a federal jury on February 1. Court records said Cunningham was an agent and licensed representative of Western Reserve Life Assurance of Ohio. In April 2014, she sold a life insurance policy to a close friend identified as Victim A. The policy Cunningham sold included an accelerated death benefit option t...
Northwestern Mutual Life Insurance | September 03, 2018
An insurance customer is suing Northwestern Mutual and an agent, alleging fraudulent misrepresentation. Cameron W. Bradford filed a complaint Aug. 23 in Orange County Circuit Court against Claudio Gambin and Northwestern Mutual Life Insurance Company, alleging the defendants breached their duty to properly advise Bradford about the costs charged that would affect the value of the life insurance policy. According to the complaint, after purchasing the policy sold by Gambin as an agent for Northwe...
AAA Western and Central New York | July 31, 2018
As international travel grows in popularity, Americans are choosing to protect their vacation investments by purchasing travel insurance. According to a recent AAA Travel survey, nearly 4 in 10 Americans (38 percent) are likely to purchase travel insurance for future international trips. For those travelers, trip cancellation protection is the most valuable benefit with nine in 10 (88 percent) of those likely to purchase insurance saying that getting their money back, if they cancel a trip, is t...
Insurance Business Magazine | January 16, 2020
Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...
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