National News

U.S. Sends Wrong Health Tax Information

The U.S. said it sent 800,000 Americans incorrect information that may affect how much they owe in taxes this year because of subsidies they got to help pay for health insurance under Obamacare. People affected by the error are being …

Diversity Within Insurance Industry Serves Expanding Nonprofits

Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance industry that serves this specialty market, the …

2015 Outlook for P/C: Profitable Despite Lower Rates, Says Wells Fargo

The commercial property/casualty insurance market should remain stable and profitable in 2015, according to the Wells Fargo Insurance 2015 Insurance Market Outlook. Abundant market capacity and an improving economy have positioned the commercial insurance industry for an extended soft market …

Willis Names LaSala to Succeed Krauze as North America Chair

Global reinsurance and insurance broker Willis Group Holdings has appointed Christine LaSala to be chair of Willis North America. The North America business, which in 2014 reported revenues of more than $1.3 billion, includes 100 retail offices across the United …

Boozing, Promiscuous Business Travelers Put Selves, Employers at Risk

America’s business travelers are too often mixing business with pleasure, exposing themselves and their employers to dangerous scenarios. According to a national survey by On Call International, a customized travel risk management firm, more than a quarter (27 percent) of …

FEMA Shows Some Progress Implementing Flood Insurance Changes: GAO

The agency responsible for managing the federal flood insurance program has made progress in carrying out key changes mandated by Congress in two recent laws but lacks resources and data to completely implement others, a government report says. [See copy …

Google to Face Same Obstacles Selling Insurance Online, Says Overstock’s Byrne

Those now running comparison insurance shopping websites believe that they could be helped if Google enters into the business because the giant search engine could draw more attention to buying insurance online. However, they also believe Google would face the …

ACE Launches D&O, EPLI Product for Community Associations

ACE Commercial Risk Services, has launched new community associations directors & officers and employment practices liability insurance products. This coverage provides liability protections for homeowner, condominium and retail community associations. “In today’s increasingly litigious environment, community associations and their board …

Impact of Driving Record on Auto Insurance Cost Varies Widely by State

While motorists who commit moving violations typically pay higher auto insurance costs, how much more they pay varies significantly by state, according to a report by an online insurance seller. For example, drivers who receive a DUI charge will pay …

Businesses Find Costs of Affordable Care Act No Big Deal

The biggest entitlement legislation in a generation is causing barely a ripple in corporate America. The Patient Protection and Affordable Care Act — otherwise known as Obamacare — is putting such a small dent in the profits of U.S. companies …

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