By: Matthew J. Howard
Published April 13, 2014 - 6:00am CST
Although policyholders can buy terrorism insurance backed by TRIA, the coverage does not include nuclear, biological, chemical or radiological attacks. To broaden the coverage, policyholders can use their captive insurers to take on the risks; however, careful attention needs to be paid to premiums charged and how the IRS will treat the coverage for tax purposes, says attorney Matthew J. Howard, ...
By: Amy Bergner and Michael Thompson
Published March 30, 2014 - 6:00am CST
Employers should re-evaluate their role in providing health care coverage and better define the value in their benefits strategy, say Amy Bergner and Michael Thompson of PricewaterhouseCoopers L.L.P.
By: James Waller
Published March 02, 2014 - 6:00am CST
With the scientific consensus agreeing that global warming is happening, policyholders, insurers and reinsurers must assess the risks, the most pervasive of which is coastal flooding, and confront the challenges of climate change, says James Waller, research meteorologist at reinsurance brokerage Guy Carpenter & Co. L.L.C.
By: Linda D. Kornfeld
Published February 16, 2014 - 6:00am CST
Evolving consumer protection privacy laws are changing corporate exposures. Therefore, when buying or renewing privacy and data breach policies, companies should carefully review and seek modifications to policy language to ensure their policies are flexible enough to continue providing coverage if the laws and their exposures change during the policy term, says attorney Linda D. Kornfeld, a...
By: Dennis T. Smith
Published January 22, 2014 - 5:44pm CST
Sometimes in an insurance coverage dispute, a policyholder needs to rely on dictionary definitions for terms that are not defined in the policy. Dennis T. Smith, a member of the law firm Pashman Stein P.C., explains how this is done.
By: Roderick Hudson
Published December 29, 2013 - 6:00am CST
Insurers have seen an increase in catastrophe losses over the past several years, despite a relatively benign 2013. Underwriters and their policyholders need to take a proactive approach to managing catastrophe risks as they address the increased exposures, says Roderick Hudson, a regional underwriting manager at Markel Corp.
By: Amy Bergner And Michael Thompson
Published December 27, 2013 - 2:21pm CST
Employers are facing a turning point in providing health coverage, fueled largely by the Patient Protection and Affordable Care Act. Amy Bergner and Michael Thompson of PricewaterhouseCoopers L.L.P. urge employers to re-evaluate their roles in providing health coverage and pay attention to value.
By: Liam T. Lawrence
Published December 15, 2013 - 6:00am CST
The reinsurance sector needs to do a better job of recruiting and developing top job prospects, says Liam T. Lawrence, managing partner of executive search firm Reilly Partners Inc. While most large firms already have a basic college recruiting plan, the insurance industry in general needs to spread the word that the reinsurance sector is dynamic and vital to recruit the next generation of...
By: Mark J. Ashley
Published December 09, 2013 - 5:19pm CST
Workers compensation insurers are best positioned when traumatic brain injury cases are identified immediately and referrals are made to treatment teams with the greatest experience in managing brain injury care, says Mark J. Ashley, CEO of Centre for Neuro Skills
By: Daniel R. Miller
Published December 01, 2013 - 6:00am CST
There are several things that make an appropriate independent medical exam in a workers compensation case. First, make sure you know the objectives prior to scheduling the exam, says Daniel R. Miller, senior consultant at ClaimDocs L.L.C. The claims manager and the exam medical provider need to know exactly what the issues are and why the exam is being requested.
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