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Legislation would extend terrorism backstop through 2024 BROKERS & INSURERS

Proxy advisory firm settles SEC charges over data breach SPECIALTY RISKS

NOAA predicts 'active or extremely active' hurricane season BROKERS & INSURERS

OFF BEAT: Summer brings nightmare vacation home claims RISK MANAGEMENT

Kevin P. McCarthy to retire from Unum BROKERS & INSURERS

U.S. electric grid vulnerable to cyber attacks: Analysis SPECIALTY RISKS

Episcopal church settles sexual harassment, retaliation case SPECIALTY RISKS

Employees' 401(k) balances hit record in first quarter: Fidelity BENEFITS MANAGEMENT

U.S. academics back BP in oil spill payouts battle SPECIALTY RISKS

U.S. cargo thefts drop 16%: Analysis SPECIALTY RISKS

Willis facility will back London specialty risk business BROKERS & INSURERS

Marsh buys Aon's representative brokerage in Peru BROKERS & INSURERS

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Brown & Brown buys Beecher Carlson for $336.5 million BROKERS & INSURERS

Willis North America launches private health insurance exchange BENEFITS MANAGEMENT

Critical illness sales spike with adoption of consumer-driven health plans BENEFITS MANAGEMENT

Asian insurers offering significant capacity for global property risks BROKERS & INSURERS

Health care reform law will enable subsidies, may slash COBRA usage BENEFITS MANAGEMENT

Property insurance pricing stable after Superstorm Sandy: Marsh analysis BROKERS & INSURERS

Morgan Stanley sued in 'pay-to-play' retirement plan case SPECIALTY RISKS

2012 family PPO cost posted smallest increase since 2004: Milliman BENEFITS MANAGEMENT

Mixed reaction to bills disallowing deductions for non-U.S. reinsurance BROKERS & INSURERS

Senate bill would end 'use-it-or-lose-it' FSA rule BENEFITS MANAGEMENT

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House vote to repeal health care reform law set for next week BENEFITS MANAGEMENT

Commercial lines insurers turn to online placement MID-MARKET EXECUTIVE

OFF BEAT: Inmate claims Doritos Locos Taco idea SPECIALTY RISKS

Business Insurance BROKER BEAT Video: Keenan & Associates

Republicans to launch another push to repeal health care reform law BENEFITS MANAGEMENT

Brown & Brown buys Beecher Carlson for $336.5 million BROKERS & INSURERS

Large losses expected in Oklahoma tornado; market impact limited RISK MANAGEMENT

Asian insurers offering significant capacity for global property risks BROKERS & INSURERS

Failed bridge demolition not due insurance coverage: Appeals court SPECIALTY RISKS

Willis North America launches private health insurance exchange BENEFITS MANAGEMENT

Future health care to cost 2013 retirees $220,000: Fidelity estimate BENEFITS MANAGEMENT

Property insurance pricing stable after Superstorm Sandy: Marsh analysis BROKERS & INSURERS

Zurich has no duty to defend in lawsuit it did not know was filed SPECIALTY RISKS

New York mulls 16.9% boost in work comp loss costs WORKERS COMP

RIMS Rundown VIDEO: Lessons from Superstorm Sandy

Morgan Stanley sued in 'pay-to-play' retirement plan case SPECIALTY RISKS

Workers comp combined ratio, premiums improve in 2012: NCCI leader WORKERS COMP

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Sweden: Several properties damaged in riots GLOBAL FOCUS

U.K.: Cyber-crime causing millions in losses for small businesses, finds report GLOBAL FOCUS

Canada: Insurers may have to implement 'own regulatory solvency assessments' GLOBAL FOCUS

Scottish independence could hit country's insurers: Report GLOBAL FOCUS

Australia: Lack of security at Darwin Port attracts organized crime, warns police GLOBAL FOCUS

Brazilian reinsurer Terra Brasil gets off to promising start GLOBAL FOCUS

Canada: Heavy rains cause farmland flooding in Manitoba GLOBAL FOCUS

U.K.: Equity Red Star to cut 200 jobs at its Essex offices GLOBAL FOCUS

New Zealand: Fonterra recalls cheese in North Island over packaging problem GLOBAL FOCUS

Cambodia records 30% premium growth in first quarter GLOBAL FOCUS

European Union nearing deal on Solvency II rules GLOBAL FOCUS

Bangladesh: Insurers suggest mandatory cover for garment workers GLOBAL FOCUS

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SOLUTION ARC: How to contend with emerging risks as the economy continues to recover RISK MANAGEMENT

SOLUTION ARC: How insurers, brokers and risk managers can be better prepared for a natural disaster BROKERS & INSURERS

SOLUTION ARC: How the public and private sectors can guard against cyber risks SPECIALTY RISKS

SOLUTION ARC: How your company can stay current with its RMIS technology RISK MANAGEMENT

SOLUTION ARC: How companies can prevent employees from stealing intellectual property MID-MARKET EXECUTIVE

SOLUTION ARC: How to achieve the most benefits from a captive insurer RISK MANAGEMENT

SOLUTION ARC: Surge in public violence demands sharper focus on risk management and security RISK MANAGEMENT

SOLUTION ARC: How brokerages can develop successful growth strategies BROKERS & INSURERS

SOLUTION ARC: Executive risks SPECIALTY RISKS

SOLUTION ARC: Pension landscape shifts, as employers revamp retirement benefits BENEFITS MANAGEMENT

SOLUTION ARC: How employers can manage difficult claims-adjusting challenges WORKERS COMP

SOLUTION ARC: What companies need to know as they assess medical coverage options BENEFITS MANAGEMENT

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RISK MANAGEMENT

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Large losses expected in Oklahoma tornado; market impact limited

As rescuers searched for survivors in tornado-ravaged Moore, Okla., insurance industry experts said they expect Monday's massive tornado to result in large insured losses.

OFF BEAT: Summer brings nightmare vacation home claims

Property owners renting out vacation homes might consider themselves lucky if renters leave them with just a broken window or clogged sink, as opposed to a brothel or an abattoir.

The U.S. electric grid is the target of numerous, daily cyber attacks, but most utilities comply only with mandatory cyber security standards and have failed to implement proposed voluntary measures, says a congressional report.

Proxy advisory firm settles SEC charges over data breach

(Reuters) — Institutional Shareholder Services settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets.

BENEFITS MANAGEMENT

Willis North America launches private health insurance exchange

Willis North America, a unit of Willis Group Holdings P.L.C., on Wednesday announced the launch of its private medical and voluntary benefits exchange.

Employees' 401(k) balances hit record in first quarter: Fidelity

Aided by a strong equities market, employees' 401(k) plan account balances hit a record average of $80,900 at the end of the first quarter, according to Fidelity Investments.

BROKERS & INSURERS

NOAA predicts 'active or extremely active' hurricane season

Delivering its annual outlook, NOAA's Climate Prediction Center said it foresees an “active or extremely active” hurricane season this year, which begins June 1.

Legislation would extend terrorism backstop through 2024

A third bill to extend the federal terrorism insurance backstop has been introduced in Congress, the latest by Reps. Michael Capuano, D-Mass., and Peter King R-N.Y. that would extend the program for 10 years.

MID-MARKET EXECUTIVE

Brown & Brown buys Beecher Carlson for $336.5 million

Brown & Brown Inc. has acquired rival Beecher Carlson Holdings Inc. for approximately $336.5 million in net consideration, the brokerage announced Tuesday.

AmWINS launches voluntary benefits practice

AmWINS Group Benefits is launching a new voluntary benefits practice that will be headed up by Robert Shestack, who joined the Charlotte, N.C.-based division of AmWINS Group Inc. this year.

WORKERS COMP

Court rules for CorVel in removal of doctor from workers comp network

CorVel Corp. had a right to remove a doctor from its workers compensation medical provider network after the doctor failed to respond to utilization and peer review requests for unauthorized treatments, a California appellate court has ruled.

Fla. workers compensation case could lead to higher costs

Insurers and employers are awaiting a rehearing on whether Florida's limit on temporary workers compensation benefits is unconstitutional, arguing that an earlier ruling could raise costs by $65 million a year.