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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.


Rise of the car-sharing apps poses threat to auto sector

(Reuters) — The humble smartphone could throw a spanner in the works of the car sector's post-crisis turnaround, with the big manufacturers facing a long-term threat from apps that make it easier and cheaper to share or hire vehicles than…

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.


Deere to sell crop insurance business to Farmers Mutual Hail

Deere & Co. said Thursday it has reached a definitive agreement to sell its crop insurance business to West Des Moines, Iowa-based Farmers Mutual Hail Insurance Co. of Iowa.

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.


More than 700,000 enroll through state insurance exchanges in first month

Nearly 740,000 people have selected or re-enrolled into a qualified health plan across 13 state based-exchanges, according to state-released estimates.

BROKERS & INSURERS

Business, insurance leaders urge approval of terrorism insurance backstop extension

A group of insurance and business associations has sent a letter asking that the Senate approve without amendment a House measure that would extend the federal government's terrorism insurance backstop for six years.


ISO policy contract language for terrorism cover triggered

The sunset of the federal government's terrorism insurance backstop will trigger the activation of Insurance Services Office Inc.'s conditional commercial policy contract language for terrorism cover, ISO said Thursday.

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.


Workers comp-specific Ebola care guidelines take sick worker's perspective

Managed care services provider Genex Services L.L.C. on Wednesday said it has developed workers compensation-specific clinical guidelines for treating Ebola and the related Marburg virus from an injured worker's perspective.

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...