AIG Korea names new CEO
Insurer AIG Korea Inc. has appointed Ramzi Toubassy as its new chief executive, effective April 1.
Rich, urban Americans used telehealth more than rural folk
A Rand Corp. study found that rich, urban Americans used telehealth more compared to those living in rural areas.
New bill would change way for PBMs to bid for state contracts
A group of Colorado lawmakers on March 17 introduced bill that would create a reverse auction process for pharmacy benefit managers to compete for state contracts.
Bill to enforce mental health parity; hold insurers accountable
U.S. Rep. Brian Fitzpatrick (R-PA) has introduced a bill that would empower the U.S. Department of Labor to hold health insurers and plan sponsors accountable for violating the mental health parity rules.
Most Americans feel positive about their employer health plan
An Americas Health Insurance Plans survey shows that most Americans with employer-sponsored health plans expressed confidence in their health plans support and financial protection.
HSAs can be worth more than 401(k) plans: Willis Towers Watson
A Willis Towers Watson PLC study suggests that employees eligible for health savings accounts should think about contributing their extra savings there, rather than their 401(k) plans.
Ford lets about 30,000 employees work remotely indefinitely
Ford Motor Co. has told around 30,000 of its employees worldwide to continue working from home indefinitely, with flexible hours approved by their managers.
Software providers partner to create comp payment portal
Software provider Sapiens International Corp. announced Wednesday that it has teamed up with Westlake, Ohio-based payment processing company Echo Health Inc. to create a digital payment portal to enable insurers to process workers compensation, health care and other insurance claims.
State comp board must reconsider custodians injury claims
An appellate court reversed and remanded an Oregon Workers Compensation Board decision denying workers compensation to a custodian who said he re-injured his shoulder after a day of lifting at work.
Two thirds of employees want mandatory COVID-19 vaccine
An Envoy, Inc. survey of 1,000 nationwide employees has found two-thirds of respondents want mandatory COVID-19 vaccinations for co-workers before returning to office.
Reinsurers warn of pandemic-related losses across long-tailed lines
Reinsurers Swiss Re Ltd. and Hannover Re SE have warned that the COVID-19 pandemic could drive losses across longer-tailed insurance and reinsurance lines.
UK fraud prosecutor closes KBR investigation
Britains Serious Fraud Office has closed its four-year bribery and corruption investigation into the U.K. subsidiaries of KBR Inc., a U.S.-listed engineering, procurement and construction company.
Employer might have to cover back surgery: Appeals court
Despite issues with state-mandated medical treatment guidelines, an employer may have to cover another back surgery for a woman injured working at a home improvement store in 2011, an appeals court in Louisiana ruled Wednesday.
Former Everest Re COO joins Buckle
James Camerino, former chief operating officer of Everest Re Group Ltd., has joined Jersey City, New Jersey-based insurtech firm Buckle Agency LLC as head of strategic partnerships.
Hartford board considering Chubb offer
Hartford Financial Services Group Inc. confirmed Thursday that it had received an unsolicited offer from rival Chubb Ltd.
Zurich unveils new business unit
Zurich Insurance Group Ltd. said Thursday it has launched Zurich Resilience Solutions, a new business unit.
Amwins unit introduces coverage for alarm installers
Amwins Program Underwriters said Thursday it has developed Alarm Contractors, a coverage program for alarm installation contractors.
Wendys, other franchises lose COVID-19 BI suit
A federal district court on Wednesday dismissed without oral argument a COVID-19 business interruption lawsuit brought by franchise owners of businesses including Wendys, TGI Fridays, Marriott and Hilton against a Zurich Insurance Group Ltd. unit.
Tokio inadequately disclaimed coverage: Court
A federal appeals court Wednesday affirmed a lower courts ruling against a Tokio Marine unit in litigation with a Brooklyn school, stating the school had failed to adequately disclaim coverage in an accident.
All quiet on the big dipper
Heres one new COVID-19 guidance that roller coaster enthusiasts might not find thrilling: no screaming on roller coasters.