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RISK MANAGEMENT

Asian insurers offering significant capacity for global property risks

Asian insurers, including several based in China, are offering significant capacity for international property risks, according to brokerage executives at Marsh Inc.


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

Marsh offers D&O coverage for international organizations

Marsh Inc. has launched a directors and officers liability insurance program for international organizations.


Gene Eisenmann, founder of Colemont, dies

Colemont Insurance Brokers founder Gene Eisenmann has died after a lengthy illness, said Keating Group Inc., where he served most recently as consultant and vice chairman.

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

Catastrophe modelers increase transparency as buyers push for data

As hurricane season approaches, third-party catastrophe modelers are upgrading their offerings, affording risk managers and insurers a greater array of data and more control over the assumptions that underpin the models' predictions.


Tools help insurers examine uncertainties in modeling catastrophes

Impact Forecasting, the catastrophe modeling arm of London-based reinsurance intermediary Aon Benfield, said Tuesday that tools have been added to help insurers and reinsurers evaluate loss estimates from catastrophe models.

MID-MARKET EXECUTIVE

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.


Cyber security programs should be on the alert for insider threats

While most enterprisewide cyber security programs focus on threats to high-tech intellectual property posed by outsiders, they also should examine any insider threats that may be lurking within organizations, cyber security experts advise.

WORKERS COMP

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.


Court rules for CorVel in removal of doctor from workers comp network

CorVel Corp. had a right to remove a California 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 …

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

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

SPONSOR INSIGHTS

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