National News

12 Articles on Ebola Risk and Insurance

1. Ebola ‘Tipping Point’ Could Come By Late January, Reports RMS Until the number of new daily cases declines rather than increases, the severity of the outbreak will continue to multiply. RMS said it does not expect this outbreak of …

Various Insurance Lines Could Potentially Be Affected by Ebola

As fears of an Ebola pandemic spread, many U.S. businesses are wondering if insurance will cover any complications that may arise. According to experts, the outbreak could potentially impact several insurance lines. According to Randy Nornes, executive vice president at …

W.R. Berkley’s Q3 Net Income Rises 37% to $189M

W.R. Berkley Corp. posted $188.54 million net income for its 2014 third quarter, a 37.7 percent increase from $136.97 million net income reported a year ago. The Greenwich, Connecticut-based insurer’s net premiums written for the third quarter were $1.525 billion, …

XL North America P/C Names Nadeau As Chief Operating Officer

XL Group’s North America Property & Casualty (NAPC) insurance business has promoted Donna Nadeau to the position of chief operating office, reporting to Joe Tocco, NAPC chief executive.  Nadeau previously served as NAPC’s chief actuary. Nadeau assumes the COO role …

Chubb Reports ‘Outstanding’ Q3

Calmer weather, rate increases, high account retention and lower expenses powered The Chubb Corp. to a what the firm’s CEO said was an “outstanding” third quarter. The New Jersey-based insurer reported that net income in the third quarter of 2014 …

Video Game Teaches Kids About Money, Asset Protection and Life

If your kids are chattering non-stop about things like emeralds, pickaxes and creepers, you may have a unique opportunity to turn a video game addiction into a life lesson about money. Minecraft, a video game phenomenon with over 100 million …

MyPath Portal Aims to Attract Millennials to Insurance Careers

With the insurance industry employee base rapidly aging and retiring, a number of companies and organizations in the field have come up with something that they hope will draw more young adults into the sector. Their solution: MyPath, an online …

Judge Questions NCAA’s $75 Million Concussion Settlement

The National Collegiate Athletic Association’s bid for preliminary approval of its proposed $75 million plan to settle nationwide litigation over head injuries met with skepticism from a federal judge. The agreement announced in July would allow any athlete who ever …

Freedom Specialty, Pro-Praxis Unite for Healthcare Professional Liability

Freedom Specialty, an arm of Scottsdale Insurance Co., is partnering with healthcare underwriter Pro-Praxis, part of the Cooper Gay Swett & Crawford Group, for a specialized excess healthcare professional liability program. The Complex Healthcare program is available immediately and can …

Global Regulators Set Capital Rules for 9 Too-Big-to-Fail Insurers

Nine too-big-to-fail insurers, including American International Group Inc., Allianz SE and MetLife Inc., must start reporting capital ratios next year using a method presented by regulators today. The International Association of Insurance Supervisors has completed drafting “the first-ever global insurance …

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