Sompo Japan president to resign for Bigmotor insurance fraud scandal

Sompo Japan president to resign for Bigmotor insurance fraud scandal

Sompo Japan Insurance President Giichi Shirakawa will step down to take responsibility for the handling of a high-profile insurance fraud involving Bigmotor, the insurer’s parent company said Friday. The major Japanese insurer’s close relationship with Bigmotor — a used car dealership and repair chain — has come under scrutiny since the dealership chain was found … Read more