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Most Emailed Specialty Risks News

Reported data breaches running 20.5% higher than in 2013: Report

Published July 24, 2014 CST

The number of data breaches so far this year, at 411, is a 20.5% increase over the same time period last year, says the Identity Theft Resource Center, in a report issued Wednesday.

Zurich white paper focuses on solar panel fire, structural risks

Published July 21, 2014 CST

Risk managers need be aware of the variety of risks and challenges presented by the installation of photovoltaic solar panel systems on commercial buildings, Zurich North America said on Monday.

Hospital's captive must pay staffing agency nurse's settlement in suit: Court

Published July 21, 2014 CST

A Washington medical center's captive insurer is liable for defending and settling a lawsuit filed against a staffing agency nurse, under terms of the insurance policies involved, says an appeals court.

Greenbrier says rapid phase-out of older oil-by-rail tank cars doable

Published July 24, 2014 CST

(Reuters) — A top U.S. railcar maker, The Greenbrier Companies Inc., said on Wednesday a two-year timeline to retire older railcars that carry dangerous flammable liquids, including North Dakota Bakken crude, is “aggressive” but can be done.

Cooper Gay launches underwriting management agency for health care industry

Published July 22, 2014 CST

Cooper Gay Swett & Crawford Ltd. has launched Pro-Praxis Insurance, an underwriting management agency specializing in the health care industry.

Travelers sues NFL, insurers over former players' prescription drug lawsuit

Published July 14, 2014 CST

Travelers Cos. Inc. is suing the National Football League and more than two dozen other insurers in New York state court, saying it has no obligation to defend the NFL in a prescription drug-related lawsuit filed by more than 500 former players.

Airline war risk insurance expected to rise due to global conflicts

Published July 24, 2014 CST

(Reuters) — Insurers are expected to hike war risk premiums for airlines following losses due to global conflicts, including the downing of a Malaysia airplane over Ukraine, A.M. Best Co. Inc. said Wednesday.

Goodwill unit settles charges it retaliated against worker who testified in suit

Published July 23, 2014 CST

Goodwill Industries of Southwest Oklahoma & North Texas Inc. has agreed to pay $100,000 to settle a U.S. Equal Employment Opportunity Commission lawsuit in which it was charged with retaliating against an employee who had testified on another worker's behalf in a sex and age discrimination lawsuit, the agency said.

Case of Johns Hopkins gynecologist who photographed patients may settle for $190M

Published July 22, 2014 CST

The Johns Hopkins Health System Corp. has reached a preliminary $190 million settlement with about 7,000 patients who were allegedly secretly photographed and videotaped over a 25-year period by a staff gynecologist who has since committed suicide.

Ex-BizJet CEO pleads guilty in Latin American bribe scandal

Published July 25, 2014 CST

The former president and CEO of Oklahoma City-based BizJet International Sales & Support Inc. has pleaded guilty for his participation in a scheme to pay bribes to Mexican and Panamanian government officials.

Guide covers noncompete and trade secrets laws for all 50 states

Published July 22, 2014 CST

Chicago-based law firm Seyfarth Shaw has released a guide to the 50 states’ noncompete and trade secrets laws.