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RISK MANAGEMENT

Home Depot expects data breach to cost at least $34M in 2014

The Home Depot Inc. has reported pretax net expenses of $28 million related to its recent data breach and said it anticipates the total cost will be about at least $34 million for the year.


Marsh unit sets up U.K. terrorism insurance facility

Bowring Marsh, the specialist international placement arm of Marsh L.L.C., on Tuesday launched a U.K. terrorism insurance facility.

SPECIALTY RISKS

Boston Scientific to pay $18.5M in mesh case

(Reuters) — Boston Scientific Corp. was ordered Thursday to pay $18.5 million for injuries caused by transvaginal mesh devices, a plaintiffs' lawyer said, in the third courtroom loss for the company.


Skuld adds full marine coverages to London offerings

Protection and indemnity club Assuranceforeningen Skuld has extended its full roster of marine insurance products to the firm’s London office.

BENEFITS MANAGEMENT

Employers to stick with health plan designs in 2015, add wellness incentives

Very few employers are planning to make drastic changes to their group health benefit plans in 2015, opting instead to add incentives to workplace wellness programs, according to new survey data.


More companies extending LGBT-inclusive benefits to employees: Survey

The percentage of U.S. companies offering LGBT-inclusive health and retirement benefits continued to grow in 2014, according to new survey data from the Washington-based nonprofit Human Rights Campaign.

BROKERS & INSURERS

RenRe acquisition of Platinum may signal trend in soft reinsurance market

While RenaissanceRe Holdings Ltd.'s $1.9 billion purchase of fellow Bermuda reinsurer Platinum Underwriters Holdings Ltd. will bear specific fruit for the buyer, the deal is being driven at least in part by overall soft market conditions coupled…


Best puts RenaissanceRe on negative review pending Platinum deal

Financial ratings agency A.M. Best Co. Inc. has placed certain units of RenaissanceRe Holdings Ltd. under review with negative implications in the wake of its $1.9 billion offer to buy Platinum Underwriters Bermuda Ltd., saying RenRe's move into…

MID-MARKET EXECUTIVE

Hilb Group acquires North Carolina employee benefits broker

The Hilb Group L.L.C. has acquired middle market employee benefits broker Lake Norman Benefits Inc.


Liberty Mutual expands cyber coverage for commercial buyers

Liberty Mutual Insurance Co. on Monday said it is offering cyber coverage to users of its commercial package products and monoline general liability policies for small and midsize businesses.

WORKERS COMP

Obese workers' absenteeism costs U.S. employers $8.65B a year

Absenteeism among obese workers in the United States costs employers about $8.65 billion each year, according to a study published in the latest issue of the Journal of Occupational and Environmental Medicine.


Washington state workers comp rates to increase 0.8% in 2015

Workers compensation advisory rates for Washington state businesses will increase 0.8% in 2015, the state Department of Labor & Industries said Tuesday.

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...