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Allianz integrates Fireman’s Fund commercial business to boost U.S. P/C brand

By: Rodd Zolkos

Published September 17, 2014 - 3:56pm CST

The commercial property/casualty insurance business of Fireman’s Fund Insurance Co. will be integrated into Allianz Global Corporate & Specialty.

Chinese hacked U.S. military contractors, Senate probe finds

Published September 17, 2014 - 2:55pm CST

(Reuters) — Hackers associated with the Chinese government have repeatedly infiltrated the computer systems of U.S. airlines, technology companies and other firms involved in the movement of U.S. troops and military equipment, a U.S. Senate panel has found.

Anne Chalmers receives RIMS Canada's Donald M. Stuart Award

By: Rodd Zolkos

Published September 17, 2014 - 2:55pm CST

Anne Chalmers, vice president of risk and security and chair of the materials stewardship committee at Teck Resources Ltd. in Vancouver, British Columbia, was presented the Donald M. Stuart Award during the 2014 RIMS Canada Conference this week in Winnipeg, Manitoba.

JPMorgan Chase replaces some credit cards after Home Depot breach

Published September 17, 2014 - 2:44pm CST

(Reuters) — JPMorgan Chase & Co. is replacing some credit and debit cards following the security breach at Home Depot Inc., a company spokesman said.

Mid-market consultant Benefits Resource joins Digital Benefits Advisors

By: Matt Dunning

Published September 17, 2014 - 1:58pm CST

Atlanta-based Digital Benefits Advisors on Wednesday said it has added Benefits Resource L.L.C., an Aliso Viejo, California-based consultant, to its nationwide network of employee benefits-only service providers.

Insurers turn to big data to help identify risks

Published September 17, 2014 - 1:43pm CST

(Reuters) — Insurance companies are increasingly turning to "big data" from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles.

Scott Thomas to lead specialty property/casualty lines at Schinnerer

By: Judy Greenwald

Published September 17, 2014 - 12:40pm CST

Victor O. Schinnerer & Co. has named Scott P. Thomas senior vice president and senior underwriting manager leading the property/casualty segment of the architects and engineers program and the international property/casualty program of the underwriting manager.

Cambodia deploys troops as garment workers renew wage campaign

Published September 17, 2014 - 12:22pm CST

(Reuters) — Cambodia deployed armed troops in its capital on Wednesday as garment workers held rallies to revive a campaign for higher wages that had helped stoke a year-long political crisis.

Standardized technology would benefit excess and surplus lines: NAPSLO speaker

By: Bill Kenealy

Published September 17, 2014 - 12:16pm CST

ATLANTA — The lack of standardized technologies is a primary source of inefficiency in excess and surplus lines, according to speakers at the National Association of Professional Surplus Lines Offices Ltd.'s annual conference in Atlanta.

Sedgwick expands with specialized insurance claims service acquisition

By: Stephanie Goldberg

Published September 17, 2014 - 11:52am CST

Sedgwick Claims Management Services Inc. has signed an agreement to acquire T&H Global Holdings L.L.C. and its subsidiaries, the Memphis, Tennessee-based third-party administrator said Wednesday.

Insurance groups hail House approval of capital standards bill

By: Mark A. Hofmann

Published September 17, 2014 - 11:43am CST

Insurance groups are welcoming the House's approval on Tuesday of legislation that would give the Federal Reserve more leeway in determining accounting standards.

GAO report warns of security risks in U.S. health care website

Published September 17, 2014 - 11:14am CST

(Reuters) —, President Barack Obama's health insurance exchange, has security and privacy protection vulnerabilities, a U.S. government watchdog reported Tuesday, nearly a year after the website's troubled rollout.

Merry Maids franchisee settles EEOC pregnancy bias suit for $40,000

By: Judy Greenwald

Published September 17, 2014 - 11:04am CST

A Wisconsin Merry Maids franchisee has agreed to pay $40,000 to settle an Equal Employment Opportunity Commission pregnancy discrimination lawsuit, the agency said.

Coke, J&J join big companies behind new employee wellness push

Published September 17, 2014 - 10:35am CST

(Reuters) — Leaders of some of the biggest U.S. corporations unveiled a campaign on Tuesday to reduce the nation's health care costs, urging their peers to embrace wellness programs to improve employee health.

IN FOCUS Video: Hurricane and Disaster Preparedness

Published September 16, 2014 - 4:08pm CST

In our latest video report, we speak with industry experts about how homeowners, businesses and communities can be best prepared to cope with hurricanes and other costly natural disasters.