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RISK MANAGEMENT

Ukraine crisis causes insurers to stop covering political and trade credit risks

The crisis in the Republic of Crimea has caused insurance underwriters to virtually stop writing political and trade credit risks in Ukraine, but they are still cautiously writing the coverages in Russia.


Texas town eyes new fertilizer plant a year after deadly blast

(Reuters) — Not far from an enormous crater where a fertilizer plant stood before an explosion there killed 15 people, lifeless and uprooted trees surround boarded-up homes spray-painted with “OK.”

SPECIALTY RISKS

Private colleges' employment policies pressured by Northwestern NLRB ruling

Private universities worried that their scholarship student athletes might follow Northwestern University football players' lead should re-evaluate their policies, experts say.


OFF BEAT: Elvis estate all fired up over firearms marketing ploy

A gunmaker’s new Elvis-based marketing campaign has left the King’s heirs all shook up.

BENEFITS MANAGEMENT

Flexible spending accounts' future uncertain as health care rules evolve

Internal Revenue Service guidance resolves how to integrate health savings accounts with carry-over flexible spending accounts, but employer interest in carry-over FSAs appears limited.


U.S. health care usage, spending resume rise in 2013: Report

(Reuters) — Americans used more health services and spent more on prescription drugs in 2013, reversing a recent trend, though greater use of cheaper generic drugs helped control spending, according to a new report.

BROKERS & INSURERS

Senate bill to renew terrorism insurance backstop includes higher insurer copays

The prospects for the federal terrorism insurance backstop sharply improved last week with the introduction of an extension measure in the U.S. Senate. But insurer groups cautioned that proposed program modifications were too radical.


British insurer RSA names chief operating officer to oversee asset sales

(Reuters) — British insurer RSA has appointed its emerging markets chief to the newly created role of chief operating officer to oversee sales of non-core businesses as the company shores up its balance sheet.

MID-MARKET EXECUTIVE

Lawsuits against nurses could lead to higher professional liability rates

Insurance industry observers say the trend of increasing payments to indemnify nurse practitioners when they are sued could lead to higher professional liability insurance rates.


Primary care provider role exposes nurse practitioners to malpractice risks

As nurse practitioners assume greater responsibility for providing primary care, they also are becoming more vulnerable to medical malpractice exposures.

WORKERS COMP

Drugmaker Zogenix sues Massachusetts over Zohydro ER sales ban

The manufacturer of Zohydro ER has sued Massachusetts Gov. Deval Patrick for imposing a ban on prescriptions and sales of the drug in the state.


Employee shot for reporting robbery wins comp for mental, physical injuries

The Nebraska Supreme Court has ruled that a store manager who was shot in retaliation for reporting a robbery should receive workers compensation benefits for psychological and physical injuries he suffered.

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...