NEW YORK — Increased capacity in the property/casualty market is putting more pressure on insurers and reinsurers, and they will need to adapt their operating strategies in order to succeed, a group of senior executives from across the…
The commercial general liability policy’s advertising injury provision was never intended to cover cyber risks, say two insurance organizations in papers filed in connection with litigation in Sony’s 2011 PlayStation Network hack.
(Reuters) — Former McDonald's workers in Virginia filed a civil rights lawsuit Thursday against the fast-food chain and owner of restaurants where they worked in the latest bid to hold it legally responsible for the actions of its franchisees.
A Michigan county road commission employee was entitled to coverage under the federal Family Medical Leave Act, even though the commission was not obligated to provide the coverage, because of a misleading statement in its employee manual, says…
North Canton, Ohio-based bearings and power transmissions manufacturer The Timken Co. said it is buying a group annuity to provide pension benefits to about 5,000 retirees and their beneficiaries.
Fueled by a strong equities market, employees' 401(k) plan account balances hit a record high at the end of last year, Fidelity Investments said in an analysis released Thursday.
Willis Group Holdings P.L.C. on Friday said it has promoted three senior executives in its Willis China unit, effective Jan. 26.
US Assure Inc., a construction and commercial insurance broker, has promoted Steve Bristow to its executive team as senior vice president of insurance operations.
A former partner at Houston-based Dean & Draper Insurance Agency L.P., J. Mace Meeks, has joined insurance broker Insgroup Inc., bringing along annual premium of $35 million and nine associates, Insgroup announced.
The deal which is expected to close in February, could cost as much as $56 million if certain contingencies are met, Green Bay, Wisconsin-based Associated Banc-Corp said in a statement released Jan. 16.
PHILADELPHIA — More often than not, effective management of disability insurance claims related to mental illness requires a specialized understanding of the comorbid relationships they share with physical medical conditions.
An Ohio worker who quit his job on his first day of light-duty work is entitled to workers compensation benefits but not temporary total disability benefits, a divided Ohio Supreme Court ruled.