Zurich North America, a unit of Zurich Insurance Group Ltd., has launched a new enterprise risk management assessment tool for financial institutions.
(Reuters) — Signaling a tougher stance toward legal claims stemming from its recent recall over faulty ignition switches, General Motors Co. said it will ask a U.S. court to bar lawsuits related to actions before its 2009 bankruptcy.
(Reuters) — U.S. retailers are planning to form an industry group for collecting and sharing intelligence about cyber security threats in the wake of last year's big attack on Target Corp.
Jersey City, N.J.-based Insurance Services Office Inc. on Wednesday unveiled ISO Rapid Valuator, a new pricing tool for commercial excess and surplus insurance underwriters.
(Reuters) — The average premium for an Obamacare benchmark plan will rise slightly in 2015 and increase about 6% a year during the rest of this decade, the nonpartisan Congressional Budget Office said on Monday.
The funding levels of pension plans sponsored by large publicly held U.S. employers fell nearly $5 billion in March, primarily due to asset underperformance and interest rate decreases, according to a new report by Milliman Inc.
(Reuters) — British insurer RSA has appointed its emerging markets chief to the newly created role of chief operating officer to oversee sales of non-core businesses as the company shores up its balance sheet.
Looking to modernize its computing infrastructure, Hartford Financial Services Group Inc. announced a six-year technology contract with Armonk, N.Y.-based IBM Corp. on Wednesday.
As nurse practitioners assume greater responsibility for providing primary care, they also are becoming more vulnerable to medical malpractice exposures.
Insurance industry observers say the trend of increasing payments to indemnify nurse practitioners when they are sued could lead to higher professional liability insurance rates.
The Nebraska Supreme Court has ruled that a store manager who was shot in retaliation for reporting a robbery should receive workers compensation benefits for psychological and physical injuries he suffered.
A powerful opioid painkiller recently released to the market is raising concerns among workers compensation experts as the insurance industry continues to struggle with opioid addiction and abuse among injured workers.