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RISK MANAGEMENT

Falling oil prices, political unrest top 2015's international risks: Marsh

Falling oil prices, political violence and separatist movements will influence the global risk landscape in 2015, broker Marsh L.L.C. said in a report released on Wednesday.


Zurich North America names Terry McCafferty head of group captive insurance

Zurich North America on Friday said it has named Terry McCafferty as head of group captives in the company’s programs and direct markets division, effective Feb. 1, 2015.

SPECIALTY RISKS

Drone downer: Will new FAA rules ground recreational fliers?

(Reuters) — Americans shopping for toy remote-controlled airplanes or helicopters may find, sometime in the near future, that they come with unexpected accessories: A raft of new regulations.


Staples says breach may have affected 1.16 million payment cards

(Reuters) — Office equipment supplier Staples Inc. said the investigation of a data security breach showed that malware may have affected about 1.16 million payment cards.

BENEFITS MANAGEMENT

Vermont governor dumps statewide universal health care law effort

Vermont is abandoning efforts to move to a publicly financed health care system to ensure universal coverage, Gov. Peter Shumlin said Wednesday.


SIIA petitions Supreme Court to review Michigan health claims tax

The Self-Insurance Institute of America Inc. has formally petitioned the U.S. Supreme Court to review and overturn an appeals court decision upholding a Michigan law that imposes a 1% tax on paid health care claims.

BROKERS & INSURERS

Rating agencies take calm approach to TRIA expiration

The lapse of the federal governments' terrorism insurance backstop program is unlikely to have any short-term impact on the ratings of insurance companies, according to rating agencies.


Aspen renews special purpose insurer Silverton Re for 2015

Aspen Insurance Holdings Ltd.’s Aspen Reinsurance operation’s Aspen Capital Markets division has renewed Silverton Re for 2015, Hamilton, Bermuda-based Aspen announced Friday.

MID-MARKET EXECUTIVE

Congress gives final OK to bill allowing multiemployer pension plan benefit cuts

Trustees of financially distressed multiemployer pension plans would be allowed to cut participants' benefits to prevent the plans from becoming insolvent under legislation given final congressional approval Saturday.


Surplus lines insurer James River raises $231 million in IPO

Hamilton, Bermuda-based James River Group Holdings Ltd., the parent company of excess and surplus lines insurer James River Insurance Co., raised about $231 million in its initial public offering Friday.

WORKERS COMP

Home Depot cleared to stop paying comp for missing woman unless she reappears

Home Depot Inc. will not have to continue paying workers compensation benefits for a Maine employee who has been missing since 2012 unless she reappears and appeals for benefits to be reinstated.


Workers comp-specific Ebola care guidelines take sick worker's perspective

Managed care services provider Genex Services L.L.C. on Wednesday said it has developed workers compensation-specific clinical guidelines for treating Ebola and the related Marburg virus from an injured worker's perspective.

SPONSOR INSIGHTS

Captive owners are increasingly considering how to diversify their captive programs’ risk...
Zurich leaders, Steve Bauman and Jason Jobe give insight on opportunities for insuring benefits in...
This ACE Group white paper explores the necessity to hold Product Recall Insurance and provides...
 

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...
 
 

BUSINESS INSURANCE FEATURE

In this special annual broker supplement, Business Insurance examine what the most...