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RISK MANAGEMENT

Zurich enterprise risk management tool aids financial institutions

Zurich North America, a unit of Zurich Insurance Group Ltd., has launched a new enterprise risk management assessment tool for financial institutions.


GM says recalled cars safe, but has not tested for knee-bump danger

(Reuters) — General Motors Co. says cars being recalled because of faulty ignition switches can be driven safely before repairs, based on more than 80 tests, but the automaker has not addressed a problem long known to potentially shut off…

SPECIALTY RISKS

FedEx has $5M in primary coverage for deadly California truck-bus crash

FedEx, whose tractor-trailer reportedly crossed a center divide on Thursday, slamming into a chartered bus carrying high school students and killing 10 people, has a $5 million combined single limit policy with Protective Insurance Co.


Compensation battle rages four years after BP's U.S. oil spill

(Reuters) — Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, La., and some islanders are fed up with hearing from BP that the crisis is over.

BENEFITS MANAGEMENT

CBO predicts 6% annual premium hikes for Obamacare plans this decade

(Reuters) — The average premium for an Obamacare benchmark plan will rise slightly in 2015 and increase about 6% a year during the rest of this decade, the nonpartisan Congressional Budget Office said on Monday.


California sees health exchange surge as open enrollment ends for 2014

(Reuters) — Thanks to a final April surge, California's health care exchange marketplace enrolled a total of 1.4 million people in private health insurance plans, state officials announced Thursday, beating a federal forecast by just over…

BROKERS & INSURERS

Aspen Insurance rejects hostile takeover bid by Endurance

Aspen Insurance Holdings Ltd. has rejected a $3.2 billion cash-and-stock hostile offer by Endurance Specialty Holdings Ltd., Hamilton, Bermuda-based Aspen said in a statement Monday.


Property/casualty insurance industry welcomes TRIA report

Property/casualty insurance groups are welcoming a new government report they say demonstrates the need for an extension of the federal government's terrorism insurance backstop program.

MID-MARKET EXECUTIVE

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.


Lululemon yoga pants lawsuits in U.S. win final dismissals

(Reuters) — A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc. and various company officials of defrauding shareholders by concealing defects in yoga pants.

WORKERS COMP

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.


Indiana workers comp claims higher, growing faster than similar states: Study

Workers compensation medical payments in Indiana are costlier and growing at a faster rate than medical claim payments in comparable states, the Workers Compensation Research Institute said this week.

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...