The United Insurance won the title of “best insurance company in Yemen” for the second consecutive year through a referendum by a magazine.

Yassir Albaharna, CEO of Arab Insurance Group (Arig), was recently named among the “Top 40 Most Influential” reinsurance leaders by a prominent British industry magazine.

AXA Insurance Gulf has signed an agreement with AXA Corporate Solutions to further its strategic ambition to grow significantly in the Marine & Large Risks insurance and risk management sectors.

Ebrahim Al Rayes – Chief Executive Officer of Bahrain Kuwait Insurance Co. announced that the Company achieved 5.46% increase in net profit - from BD. 2,704,464 in Q2 of this year against BD. 2,564,364 for the same period last year. Underwriting profit increased by 76% from BD. 878,400 in Q2 2007 to BD. 1,547,163 for the same period this year.

VENTURA - Insurance Commissioner Steve Poizner today announced the arrest of a Ventura resident for grand theft of more than $163,000. Angela Meza, 45, was arrested today at her home by California Department of Insurance investigators. Meza was booked at the Ventura County jail.

"Fraud perpetrators will not get away with scamming honest Californians out of their money, or risking the health coverage of others for personal gain," said Commissioner Poizner. "Department of Insurance investigators are continuously following leads to capture criminals attempting to cheat the system."

SAN DIEGO - Today Insurance Commissioner Steve Poizner announced the arrests of two individuals for allegedly fraudulent insurance claims made in the aftermath of the 2007 Southern California wildfires.

SACRAMENTO - Insurance Commissioner Steve Poizner today issued the following statement regarding Governor Arnold Schwarzenegger's signing of Senate Bill (SB) 1145 (Machado, D-Linden) and Assembly Bill (AB) 1874 (Coto, D-San Jose), which help reform the State Compensation Insurance Fund (SCIF), one of the largest workers' compensation insurance companies

SACRAMENTO - Insurance Commissioner Steve Poizner reaffirmed that insurance companies owned by AIG continue to have the risk-based capital needed to operate in California and warned policyholders of AIG-owned insurance companies to beware of possible cancellation costs if they are approached about switching insurance companies.

SACRAMENTO - Insurance Commissioner Steve Poizner today issued the following statement regarding Governor Arnold Schwarzenegger's signing of AB 2150 by Assemblymember Patty Berg (D-Eureka), which helps protect consumers by preventing the financial abuse of seniors.