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RISK MANAGEMENT

New cyber protection from AIG includes physical damages

American International Group Inc. on Wednesday said it is offering an enhanced cyber insurance policy that covers physical damages caused by cyber attacks.


Aon eSolutions upgrades risk management information system

Aon eSolutions, the risk management software unit of Aon P.L.C., on Thursday released a significant upgrade to its risk management information system.

SPECIALTY RISKS

3 Supreme Court justices show little support for Aereo TV in copyright fight

(Reuters) — Supreme Court justices appeared skeptical about Aereo Inc.'s position in a copyright dispute with major broadcasters, but several raised concerns about how a ruling against the startup could affect cloud computing services.


OFF BEAT: Drugstore's paparazzi pic tweet draws star's ire

A drugstore chain may need to up its social media game after running afoul of “Knocked Up” actress Katherine Heigl.

BENEFITS MANAGEMENT

IRS bumps up health savings account contribution max for 2015

The maximum contributions that can be made to health savings accounts will increase $50 for individuals and $100 for families in 2015.


Aetna quarterly profit beats forecasts as new members surge

(Reuters) — Aetna Inc. on Thursday reported a better-than-expected first quarter, helped by a surge in profits from its commercial business and by adding new customers.

BROKERS & INSURERS

XL opens reinsurance operation in Dubai

XL Group P.L.C. has set up a reinsurance operation in Dubai, United Arab Emirates, XL announced Wednesday.


Chubb’s 1st quarter net income drops 31.6%; cat losses push up combined ratio

First quarter net income at Warren, New Jersey-based Chubb Corporation dropped 31.6% to $449 million, the company said Thursday.

MID-MARKET EXECUTIVE

Retail companies report greater concern over cyber risks: Willis

Companies in the retail sector report their cyber exposures at higher levels than their Fortune 1000 counterparts, according to a study of public documents published Wednesday by Willis Group Holdings P.L.C.


LifeLock hits back at fired security chief who alleged wrongdoing

LifeLock Inc. has formally denied allegations that it fired its chief information security officer for uncovering serious deficiencies in its data protection services, according to court documents filed this week.

WORKERS COMP

Lockton launches workers comp claims analytics program

Lockton Cos. L.L.C. has launched the Lockton Work Comp Claims Outcome Analytics program to help companies manage workers compensation claim costs, the insurance brokerage said Wednesday.


Texas workers comp costs declining for employers who opt in: Commissioner

About two-thirds of Texas employers purchase workers compensation insurance or provide an alternative benefit plan for their injured employees, and declining comp claim frequency and other comp reforms in Texas have allowed insurers to lower comp …

SPONSOR INSIGHTS

Consumers show a growing appetite for expanding their use of online services and mobile devices but ...

BUSINESS INSURANCE FEATURE

Learn how employers can design and implement a wellness program that achieves strong engagement...
A growing number of companies are moving to cloud computing to take advantage of the economies of...
In this special annual broker supplement to Business Insurance titled, "Winning Ways: The...
 

INSIGHTS & SOLUTIONS

The 2013 directory of U.S. colleges and universities offering formal risk management and/or...
Public entities are going to be increasingly exposed to weather-related hazards, because climate...