Industry News

Business Insurance

Solar eclipse creates employee safety risks

Aug 16, 2017 Employers planning on hosting solar eclipse viewing parties should be aware of employee safety and workers compensation concerns.

Regulatory pullback on the horizon for OSHA under Trump

Aug 16, 2017 Signs and actions taken to date are pointing to a major pullback in the U.S. Occupational Safety and Health...

Insurers expect to profit from peaceful elections in Kenya

Aug 16, 2017 Kenyan insurers that covered risks arising from political violence during the country’s general elections are...

Knysna inferno causes $300 million damage in South Africa

Aug 16, 2017 A report by Knysna Municipality's Fire and Rescue Services in South Africa has found that the fire that engulfed...

Property Casualty 360

Insurance? Yes. Owns the damaged vehicle or property? No...

Aug 16, 2017 Accidents happen. Here's help determining how coverage might apply when the subsequent damage impacted someone else's property.

VIDEO: NU workers' comp award winners share secrets behind their success

Aug 16, 2017 Mark Walls of Safety National and Kimberly George from Sedgwick interview the three winners at WCI 2017 in...

Liberty Mutual ordered to pay $4.5M on a $25,000 policy

Aug 16, 2017 A federal district court in Illinois has ordered Liberty Mutual to pay a $4.5 million judgment despite the fact that it didn't find...

Mitigating active shooter risks

Aug 16, 2017 Preparing your workforce without creating a sense of panic.

Insurance Journal

Taiwan Power Crisis a Growing Concern for Local Industry: Opinion

Aug 16, 2017 I was having dinner with a friend in downtown Taipei on Tuesday night when the electricity went off for the second time that day. Workers accidentally shut...

Taiwan Power Outages Disrupt Some Semiconductor Manufacturing

Aug 16, 2017 A blackout caused by a blunder at Taiwan’s biggest gas-fired plant is the latest challenge to an electricity grid recently pushed to its limit and to...

CNA’s Sandelands Returns to Chubb as Commercial Lines Customarq Product Manager

Aug 16, 2017 Chubb has named Barbara Sandelands executive vice president and Customarq Package product manager for its Commercial Insurance division in North...

Appeals Court Answers Supreme Court, Finds Injury in Spokeo False Profile Claim

Aug 16, 2017 A federal appeals court on Tuesday revived a California man’s lawsuit accusing Spokeo Inc. of publishing an online profile about him that...

Claims Journal

California Workers’ Comp Agency Dismisses 292,000 Unresolved Liens

Aug 16, 2017 The California Division of Workers’ Compensation (DWC) reported that it had dismissed more than 292,000 unresolved liens, belonging to claimants who failed to...

Many Americans Feel Hostility, Threatened at Work

Aug 16, 2017 The American workplace is grueling, stressful and surprisingly hostile. So concludes an in-depth study of 3,066 U.S. workers by the Rand Corp., Harvard Medical School and the...

With Marijuana Legalized in Colorado, Role of Pot-Sniffing Dogs Unclear

Aug 15, 2017 Deuce, a German Shepard with the Aurora Police Department, is sniffing around tables and a barbeque at a picnic area outside a police station. After a few...

Addressing Workers’ Comp Talent Management Concerns

Aug 15, 2017 Filling workers’ compensation claims positions will require insurers to change their idea of what an ideal employee is. That’s according to Debbi Bromley, senior...

Best's Reviews

As US Activism and Violence Rises, Insurers Note Increasing Interest in Riot Cover

Aug 15, 2017 After a weekend of violent civil unrest in Charlottesville, Virginia, industry representatives said there has been an increasing...

Mexico’s $360 Million Cat Bond Lists in Luxembourg

Aug 15, 2017 A $360 million catastrophe bond issued by the World Bank on behalf of Mexico’s government has been listed for trading on the Luxembourg Stock Exchange. GC...

A.M. Best Upgrades Credit Ratings of Catholic Order of Foresters

Aug 15, 2017 A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR...

Florida to Hold Hearing on Citizens’ 6.7% Homeowners Rate Hikes, Other Lines

Aug 15, 2017 Florida’s Office of Insurance Regulation will hold an Aug. 23 public hearing on Citizens Property Insurance Corp.’s proposed 6.7%...