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RISK MANAGEMENT

Falling oil prices, political unrest top 2015's international risks: Marsh

Falling oil prices, political violence and separatist movements will influence the global risk landscape in 2015, broker Marsh L.L.C. said in a report released on Wednesday.


TRIA reauthorization supporters pin their hopes on the next Congress

Supporters of the federal terrorism insurance backstop are guardedly optimistic the next Congress will take up reauthorization of the program shortly after it convenes next month.

SPECIALTY RISKS

Drone downer: Will new FAA rules ground recreational fliers?

(Reuters) — Americans shopping for toy remote-controlled airplanes or helicopters may find, sometime in the near future, that they come with unexpected accessories: A raft of new regulations.


S.Korea nuclear plant operator claims hack, raising alarm

(Reuters) — Computer systems at South Korea’s nuclear plant operator have been hacked, the company said on Monday, sharply raising concerns about safeguards around nuclear facilities in a country that remains technically at war with…

BENEFITS MANAGEMENT

Vermont governor dumps statewide universal health care law effort

Vermont is abandoning efforts to move to a publicly financed health care system to ensure universal coverage, Gov. Peter Shumlin said Wednesday.


Supreme Court could give definitive ruling on states' rights to ban gay marriage

A definitive ruling by the U.S. Supreme Court on states' rights to ban gay marriage could come as early as June 2015, experts say, bringing welcome relief for employers and their benefits management staffs.

BROKERS & INSURERS

Rating agencies take calm approach to TRIA expiration

The lapse of the federal governments' terrorism insurance backstop program is unlikely to have any short-term impact on the ratings of insurance companies, according to rating agencies.


CNA commercial president and COO Lindemann to retire

Robert Lindemann will retire as president and chief operating officer of CNA Commercial on Dec. 31, CNA Financial Corp. announced Friday.

MID-MARKET EXECUTIVE

Congress gives final OK to bill allowing multiemployer pension plan benefit cuts

Trustees of financially distressed multiemployer pension plans would be allowed to cut participants' benefits to prevent the plans from becoming insolvent under legislation given final congressional approval Saturday.


Surplus lines insurer James River raises $231 million in IPO

Hamilton, Bermuda-based James River Group Holdings Ltd., the parent company of excess and surplus lines insurer James River Insurance Co., raised about $231 million in its initial public offering Friday.

WORKERS COMP

Home Depot cleared to stop paying comp for missing woman unless she reappears

Home Depot Inc. will not have to continue paying workers compensation benefits for a Maine employee who has been missing since 2012 unless she reappears and appeals for benefits to be reinstated.


Express Scripts to cover AbbVie hepatitis C drug, drops Gilead treatment

(Reuters) — The nation's largest pharmacy benefit manager has lined up a cheaper price from AbbVie Inc. on its newly approved hepatitis C treatment and, in most cases, will no longer cover Gilead Sciences Inc. treatments, Express Scripts…

SPONSOR INSIGHTS

This ACE Group white paper explores the necessity to hold Product Recall Insurance and provides...
Captive owners are increasingly considering how to diversify their captive programs’ risk...
Zurich leaders, Steve Bauman and Jason Jobe give insight on opportunities for insuring benefits in...
 

INSIGHTS & SOLUTIONS

Excess and surplus lines directory and editorial review. Lists 31 companies that write insurance on ...
This editorial directory and review lists the surplus gross written premiums written in each of the ...
Three directThree directories in one, 41 pages of editorial content, rankings and listings. This...
Insurance wholesaler directory and editorial review. The directory includes the listings of 35...
 
 

BUSINESS INSURANCE FEATURE

In this special annual broker supplement, Business Insurance examine what the most...