Cyber risk is costing the global economy $445 billion annually, $108 billion of which comes from the U.S., according to a new report. The report from insurer Allianz Global Corporate & S... Read more
Allianz Life Insurance Co. of North America has reached a $251 million settlement to end two racketeering class actions alleging it lured 230,000 seniors into buying poorly performing deferr... Read more
As you may have heard, deferred annuity sales have reached an all time high in the United States. The majority of the purchasers of these financial instruments are retirees and the elderly.... Read more
Pinnacle Entertainment Inc. will receive an additional $48 million from Allianz Global Risks US Insurance Co. to settle a lawsuit related to Hurricane Katrina damage at a former Mississippi... Read more
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