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.
Estimated insured losses resulting from Monday's devastating storms in Oklahoma are at least $1 billion, said Insurance Information Institute President Robert Hartwig.
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.
(Reuters) — Ista Pharmaceuticals Inc. on Friday pleaded guilty to criminal charges and agreed to pay $33.5 million to resolve criminal and civil liability arising from its marketing, distribution and sale of the drug Xibrom, the U.S.…
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.
The Michigan House of Representatives has given final approval to legislation that would extend the state's controversial 1% tax on paid health care claims through 2017.
Brown & Brown Inc. has acquired rival Beecher Carlson Holdings Inc. for approximately $336.5 million in net consideration, the brokerage announced Tuesday.
Reps. Gary Miller, R-Calif., and Carolyn McCarthy, D-N.Y., introduced legislation on Thursday that would exempt insurers from proposed new capital requirements from the Federal Reserve Board.
Property worth more than $6 billion was within the track of the massive tornado that ravaged areas around Oklahoma City Monday, AIR Worldwide Corp. estimates.
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.
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.
A fire chief who worked undercover to investigate a $1.9 million embezzlement case involving an employee must have his workers compensation claim analyzed as a mental disorder, Oregon's Court of Appeals has ruled.