Workers’ Compensation Insurers Report Slow Growth: A.M. Best September 27, 2017 The workers’ compensation industry reported a record high $58.5 billion in direct premiums written in 2016 but year-after-year growth slowed...
Mounting Catastrophe Claims Could Weaken Re/Insurers’ Capital Reserves: Fitch September 27, 2017 By Suzanne Barlyn Ratings downgrades for global insurers and reinsurers are becoming more probable as they face more than $100 billion in 2017...
Trump Administration Argues U.S. Civil Rights Law Does Not Protect Gay Employees September 27, 2017 By Erik Larson The U.S. law that has protected workers from gender and racial bias for more than half a century should not...
Robo Adviser Helps Drive Record Boost in AIG Investment Business September 27, 2017 By Julie Verhage and Sonali Basak American International Group Inc., the 98-year-old insurer and retirement planner, is finding being tech-savvy pays off. Consumers are pumping cash...
U.S. Balks at China Cybersecurity Law, Fears It Will Hurt Global Trade September 27, 2017 By Tom Miles The United States has asked China not to implement its new cyber security law and is concerned it could damage...
Glatfelter Adds Workers’ Compensation Coverage to Program Business Offerings September 27, 2017 Glatfelter Program Managers (GPM) has added workers’ compensation to its program business offerings, effective Nov. 1. Educational institutions, independent school...
Senate GOP Gives Up on Latest Bid to Replace Obamacare September 26, 2017 By Steven T. Dennis and Laura Litvan Senate Republicans gave up on their last-ditch bid to repeal Obamacare Tuesday as opposition in their own ranks ended months...
Answer Financial Adds Rideshare Gap Coverage in 24 States September 26, 2017 Answer Financial, a national auto and home insurance agency., has added rideshare gap coverage plans to its offerings on its...
Ironshore’s New Iron-Excess MGA Is Based on Iron-Starr Excess Agency Model September 26, 2017 By Susanne Sclafane Using a Bermuda joint venture between Ironshore and C.V. Starr & Co. as a model, Ironshore announced the launch of...
S&P Says Latest Republican Health Plan’s Flexibility for States Comes at Cost to Economy September 26, 2017 A report by Standard & Poor’s Global Ratings said on Monday that the Senate Republicans’ latest proposed healthcare bill designed...