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RISK MANAGEMENT

Chrysler recalls more than 900,000 vehicles globally in two actions

(Reuters) — Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires.


Despite rising profile, European risk managers face obstacles: Survey

BRUSSELS — The profile of risk managers within their organizations in Europe is rising, but more frequent collaboration with top management is needed in some companies, according to the Federation of European Risk Management Association's…

SPECIALTY RISKS

Brokers, insurers need to offer relevant insurance to prosper: Panel

COLORADO SPRINGS, Colorado – Insurers and brokers need to offer relevant products to add value for insurance buyers if they are to prosper in an environment where nontraditional capital continues to enter the market.


Wall Street urges U.S. regulators' joint cybersecurity approach

(Reuters) — Wall Street’s top trade group is calling for the creation of a new inter-agency working group of regulators and the White House that would be tasked with developing consistent cybersecurity rules for the financial industry.

BENEFITS MANAGEMENT

Cincinnati health care system freezing pension plans, sweetening 401(k)

TriHealth, a Cincinnati-based health care system, is freezing its three defined benefit pension plans and beefing up its 401(k) plans.


PBGC taking over underfunded plan of manufacturer that filed for bankruptcy

The Pension Benefit Guaranty Corp. said Friday that it is taking over the underfunded pension plan of Reichhold Inc., a Durham, North Carolina-based resin manufacturer that filed for bankruptcy last month.

BROKERS & INSURERS

Insurance-linked securities could break annual record despite weak 3rd quarter

Despite a slow third quarter for insurance-linked securities, 2014 will still likely surpass 2007’s record year for these non-life securities, according to a report issued by Willis Group Holdings P.L.C.’s Willis Capital Markets &…


Campaign encourages young workers to take path to insurance industry

The insurance industry has launched an initiative to attract millennials to the profession.

MID-MARKET EXECUTIVE

Hartford offers commercial auto discounts to encourage driver safety

Hartford Financial Services Group Inc. has added premium discounts and other rewards to its commercial auto policy to encourage driver safety among small and midsize businesses.


USI expands in Northwest with purchase of employee benefits broker

USI Insurance Services L.L.C. has acquired Wallace Insurance Inc./Scott Insurance Services, a middle-market employee benefits broker based in Anchorage, Alaska.

WORKERS COMP

OSHA fines Dollar Tree $262,500 for safety violations at Texas store

Chesapeake, Virginia-based Dollar Tree Inc. is facing $262,500 in fines from the U.S. Occupational Health and Safety Administration because of alleged safety violations at a Texas Dollar Tree store.


No 2015 change in Colorado comp loss cost rates for employers

Colorado employers will see no change to workers compensation loss cost rates for next year, the state Department of Regulatory Agencies said Thursday.

SPONSOR INSIGHTS

General contractors are facing a wide range of risks each time they set foot on a construction site....
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As the health care landscape becomes more complicated, risk management continues to evolve. Join...
 

INSIGHTS & SOLUTIONS

Excess and surplus lines directory and editorial review. Lists 31 companies that write insurance on ...
This editorial directory and review lists the surplus gross written premiums written in each of the ...
Three directThree directories in one, 41 pages of editorial content, rankings and listings. This...
Insurance wholesaler directory and editorial review. The directory includes the listings of 35...