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RISK MANAGEMENT

Political violence map shows 44% of countries vulnerable to terrorism: Aon

Forty-four percent of countries have an identifiable risk of terrorist attack, according to Aon P.L.C.'s 10th annual terrorism and political violence map.


Bangladesh factory collapse puts company brand reputations at risk

The collapse of a Bangladesh factory complex that killed more than 1,100 has brought new attention to supply chain risks associated with Western companies outsourcing production to low-wage countries, including risks to their brand reputations.

SPECIALTY RISKS

U.S. judge blocks $13 million arbitration against SunTrust

(Reuters) — SunTrust Banks Inc. won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities.


OFF BEAT: Coffee company casts shadow on hard cider maker’s logo

There's only room for one Woodchuck in Vermont, according to a lawsuit filed this month by the makers of Woodchuck Hard Cider.

BENEFITS MANAGEMENT

Michigan Senate approves four-year extension of 1% health claim tax

The Michigan State Senate has approved legislation that would extend the state's controversial 1% tax on paid health care claims for another four years.


Arkansas Best Corp. freezes pension plan for nonunion employees

Trucking company Arkansas Best Corp. is freezing its pension plan for nonunion employees, completing a process it began in 2006.

BROKERS & INSURERS

S&P cuts Berkshire Hathaway rating one notch to 'AA'

(Reuters) — Credit-rating agency Standard & Poor's Corp. cut its rating on Berkshire Hathaway Inc., the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, one notch.


Property insurance pricing stable after Superstorm Sandy: Marsh analysis

Superstorm Sandy's effect on property insurance pricing was muted in the first quarter of 2013, but underwriters are scrutinizing storm and flood risks more closely, according to a study by Marsh Inc.

MID-MARKET EXECUTIVE

Reputational risks rising, but mitigation lags: Webinar panelists

Although reputational risks are becoming a front-of-mind concern for corporate executives, implementing strategies to minimize those risks is lagging, experts say.


Small, midsize businesses need expanded cyber security protection

The recent cyber attack on the daily deals website Living-Social.com demonstrates the vulnerability of online business operations, Internet security experts say.

WORKERS COMP

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

ORLANDO, Fla. — The state of the workers compensation insurance market is “encouraging,” with the line's combined ratio improving by 6 percentage points and premium volume up 9% in 2012, NCCI Holdings Inc. said Thursday.


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 the state's comp system costs by $65 million a year.

INSIGHTS & SOLUTIONS

The 2013 Third-Party Administrators Directory and Rankings include information about 42 of the...
A company's reputation is one of its most important assets. Years of good work can be jeopardized...
Rising prices for workers compensation insurance policies and for excess insurance purchased by...
Remember when most insurance agent and broker business transactions were offline? Customers,...

BUSINESS INSURANCE FEATURE

Globalization means more U.S. employees are at risk of injury and illness while traveling to...
A company’s reputation is one it’s most important assets. Reputational damage can have a dramatic...
Join us May 23 for a free Business Insurance webinar to learn how employers can design and...
Register today for Business Insurance's 4th Annual Workers Compensation Virtual Conference, a one-...
 

SPONSOR INSIGHTS

Home to some of the country’s largest life, health and property/casualty insurers—and now also...