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RISK MANAGEMENT

U.S. safety chief raps GM's 'flawed' culture on recalls

(Reuters) — The top U.S. auto safety regulator harshly criticized General Motors Co. for not promptly reporting and recalling cars now linked to at least 19 deaths.


This week's Top 10 features on BusinessInsurance.com

Find out which of this week's features on BusinessInsurance.com were the most popular.

SPECIALTY RISKS

Wells Fargo Bank settles EEOC same-sex harassment suit for $290,000

Wells Fargo Bank N.A. has agreed to pay $290,000 to settle a U.S. EEOC lawsuit in which the bank was charged with creating a sexually hostile work environment at one of its branches.


Excess and surplus insurers profitable in face of competition: Moody's

The U.S. excess and surplus lines market is experiencing a period of growth because of rate increases and an improving economy, while profitability is strong, New York-based Moody’s Investors Service Inc. says in a report on the sector…

BENEFITS MANAGEMENT

App developers seek clearer U.S. health data privacy guidelines

(Reuters) — Developers of apps for mobile devices are asking a U.S. agency to clarify its rules for protecting patient health information to reflect the fast-evolving technology.


House approves bill defining full-time employees as those working 40 hours

For the second time this year, the House of Representatives approved legislation to ease the health care reform law’s definition of a full-time employee by changing it to those working an average of at least 40 hours per week, shielding…

BROKERS & INSURERS

Insurance groups hail House approval of capital standards bill

Insurance groups are welcoming the House's approval on Tuesday of legislation that would give the Federal Reserve more leeway in determining accounting standards.


Swiss Re executive says reinsurer has plans to cut catastrophe coverage: Report

Swiss Re Ltd. apparently plans to cut its catastrophe coverage and compensate by looking to new lines of business as pricing declines hit the reinsurance sector, a senior executive said.

MID-MARKET EXECUTIVE

Navigators launches cyber liability and data breach insurance

The Navigators Group Inc.'s principal underwriting agency subsidiary, Navigators Management Co. Inc., has introduced a new cyber liability and privacy/data breach coverage product called NAVSecure.


Mid-market companies plan to increase data security spending: Survey

Recent data breaches involving high-profile companies such as Target Corp. and Home Depot Inc. are having an effect on how much middle-market companies spend on data security, with most planning to increase spending, a new survey reveals.

WORKERS COMP

Sedgwick expands with specialized insurance claims service acquisition

Sedgwick Claims Management Services Inc. has signed an agreement to acquire T&H Global Holdings L.L.C. and its subsidiaries, the Memphis, Tennessee-based third-party administrator said Wednesday.


Marsh names exec to lead research for its workers compensation excellence center

Tom Ryan has been named workers compensation market research leader for Marsh L.L.C.'s Workers' Compensation Center of Excellence, the insurance broker said Friday.

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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...