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Subscriber only, premium content. Wednesday, February 10


Most Read News

Hartwig to leave Insurance Information Institute, headed to academia

Published February 04, 2016 CST

Bob Hartwig, the Insurance Information Institute's president since 2007, is leaving to take a university post — and his shoes will be hard to fill.

Endurance targets large account insurance sector

Published February 09, 2016 CST

A former Chubb executive has been hired to lead the push.

Property/casualty insurance rates slide further in January

Published February 05, 2016 CST

According to MarketScout CEO Richard Kerr, "commercial property insurers are getting ready to scratch each other's eyes out as they fight for market share."

Doctor who overprescribed opioids gets up to life in prison

Published February 05, 2016 CST

The fate of Dr. Hsiu-Ying "Lisa" Tseng serves as a stark warning to doctors tempted to engage in irresponsible painkiller prescribing practices.

Obama administration to propose changes to Cadillac tax

Published February 04, 2016 CST

The Obama administration's upcoming 2017 federal budget proposal will include changes to the health care reform law's so-called Cadillac tax, administration officials disclosed Wednesday.

Did texting scandal derail Tennessee workers comp opt-out effort?

Published February 04, 2016 CST

State legislative leader's leave of absence puts the Employee Injury Benefit Alternative, a bill he co-sponsored last February, on hold.

U.S. businesses on their own when facing foreign cyber attacks

Published February 03, 2016 CST

Privacy laws stand in way when hackers in China, Russia, North Korea and Iran look to steal intellectual property from companies here.

'Huge potential' for funding employee benefits risks through captives

Published February 02, 2016 CST

For certain lines, including group-term life and long-term disability, the cost savings can run 15%-25%.

Hartford fourth quarter results cap profitable 2015

Published February 05, 2016 CST

Hartford Financial Services Group Inc. saw an increase in net income in the fourth quarter of 2015 compared with the same period a year earlier despite an increasingly competitive market, the insurer said Friday.

Allied World re-evaluating underwriting strategy as profit dives

Published February 05, 2016 CST

The Swiss insurer's profits plummeted 98.7% to $1.7 million in the fourth quarter of 2015.

Zurich Insurance ready to shrink some businesses

Published February 03, 2016 CST

Zurich Insurance Group A.G.'s chief risk officer Cecilia Reyes has said that the insurer is ready to shrink some of its businesses after it had to absorb a large amount of claims in 2015, reported Bloomberg.

AIG unit must help pay costs of policyholder's defense

Published February 09, 2016 CST

Although it was acting as a fronting insurer, an appeals court has ruled that the unit still had a duty to help defend a paint manufacturer.

Women to Watch: Where are they now …

Published February 08, 2016 CST

We catch up with Terri Austin, one of Business Insurance's 2007 Women to Watch.

Cigna enters outcomes-based pricing program with drugmaker

Published February 08, 2016 CST

Under the contract for Novartis' heart failure drug Entresto, Cigna will pay for how well the drug performs, rather than paying per pill administered.

Employers look to captive insurers for stop-loss coverage for health plans

Published February 03, 2016 CST

Whether retaining all the risk or shifting some to reinsurers, the savings can be substantial.

Illinois roofing contractor cited for fall hazards

Published February 03, 2016 CST

An Illinois roofing contractor is facing $115,500 in proposed fines from federal regulators for exposing its workers to fall hazards.

OSHA cites construction contractor as severe workplace safety violator

Published February 03, 2016 CST

It's the fifth time Connecticut roofer has been cited, and two of the violations are serious.

(subscription required)Lloyd's developing cyber insurance standards

Published January 31, 2016 CST

Core data requirements devised by Lloyd's of London provide a critical first step in better underwriting and developing cyber risk models that will ultimately help the buyer.

(subscription required)February 1, 2016 Issue

Published January 31, 2016 CST

Download a PDF of this week's issue.

CNA swings to loss in 2015 fourth quarter

Published February 08, 2016 CST

Lower results in its property/casualty operations and a charge to its long-term care business are to blame.

Aon reports stable revenue in 2015 fourth quarter

Published February 05, 2016 CST

Stability in the brokerage's risk management and human resources management divisions helped keep revenue flat.

Week in pictures

Published February 05, 2016 CST

A crane falls in New York, the tab grows in Tianjin and Zurich and AIG make an encore appearance in the Business Insurance week in pictures.

(subscription required)Zurich lures former exec back as CEO

Published January 31, 2016 CST

Mario Greco, widely credited with turning around Italian insurer Assicurazioni Generali S.p.A., will face financial and other challenges when he returns to Zurich Insurance Group Ltd. as its next CEO.

Hearing for Tennessee workers comp opt-out bill canceled

Published February 02, 2016 CST

A Tennessee House of Representatives subcommittee hearing for a bill that would allow private employers to opt out of the state's workers compensation system has been canceled.

Public health insurance exchange signups hit 12.7 million for 2016

Published February 04, 2016 CST

A flurry of signups during the last week of open enrollment helped boost the final tally.