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RISK MANAGEMENT

RIMS' Mary Roth named president of international risk management group

Mary Roth, the executive director of the Risk & Insurance Management Society Inc., has been named president of the International Federation of Risk and Insurance Management Associations.


Chrysler to recall 900,000 SUVs to fix mirror wiring

(Reuters) — Chrysler Group L.L.C. will recall about 900,000 sport utility vehicles, its largest recall this year, weeks before a shareholder meeting called by its parent Fiat S.p.A. to seek approval for their merger.

SPECIALTY RISKS

PricewaterhouseCoopers must face $1 billion lawsuit over MF Global collapse

(Reuters) — A federal judge rejected PricewaterhouseCoopers L.L.P.'s request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the collapse of MF Global Holdings Ltd.


OFF BEAT: Broker gets another chance in NBC Dateline defamation case

A Colorado insurance broker who sued NBC Universal Inc. and some of its employees for defamation is getting a second day in court after a federal appeals court resurrected his case.

BENEFITS MANAGEMENT

Self-insurance group asks regulators to rethink TPAs' contraceptive services role

The Self-Insurance Institute of America Inc. is urging federal regulators to revisit an accommodation for religious nonprofit organizations that object to providing contraceptive coverage for employees as mandated under the health care reform law.


Rock-Tenn offering lump-sum pension benefit to 9,000 former employees

Packaging company Rock-Tenn Co. is offering to about 9,000 former employees who are eligible for but not yet receiving monthly pension benefits the opportunity to convert their future annuity to a lump-sum benefit.

BROKERS & INSURERS

Natural catastrophes up insured losses to $17B in 2014 first half: Munich Re

Insured losses caused by natural catastrophes in the first half of 2014 totaled about $17 billion, up from about $11 billion for the comparable period last year but below the 10-year average of $25 billion.


Insured losses from Texas hailstorm expected to reach $400M

A hailstorm that struck Abilene, Texas, on June 12 is expected to cause $400 million in insured losses, the Insurance Council of Texas said Friday.

MID-MARKET EXECUTIVE

New York City's legal claim costs projected to keep rising

New York City will spend $675 million to settle legal claims this fiscal year and is projected to spend $782 million by fiscal 2018, according to an analysis released by New York City Comptroller Scott Stringer on Wednesday.


Lyft slapped with 'cease-and-desist' notice in NYC

Lyft, the pink-mustachioed car-sharing startup that plans to begin serving New York City Friday, has been issued a “cease-and-desist” letter by the state Department of Financial Services in which Superintendent Benjamin Lawsky accused …

WORKERS COMP

U.S. judge blocks Massachusetts ban on opioid painkiller Zohydro ER

A federal judge has blocked a Massachusetts regulation meant to restrict sales of Zohydro ER, a powerful opioid painkiller, after Gov. Deval Patrick sought to ban the drug's availability in the state.


Detroit teacher who broke up fight with broom files workers comp claim

A Detroit teacher who made headlines after breaking up a classroom fight with a broom has filed a workers compensation claim and is seeking additional financial compensation from her employer, according to a Thursday report.

BUSINESS INSURANCE FEATURE

In this special annual broker supplement to Business Insurance titled, "Winning Ways: The...
 

INSIGHTS & SOLUTIONS

Editorial directory including the special report of claims management trends published in the March ...
This double directory (premium edition) includes detailed information on 70 domiciles worldwide...
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...