McDonald’s Is Joint Employer with Franchisees: National Labor Board December 21, 2014 McDonald’s Corp. wields enough control over its franchisees that it should be jointly responsible for the working conditions of their...
U.S. Auto Recalls Set Record at 60 Million for Year December 21, 2014 By Jeff Green and Jeff Plungis U.S. automobile recalls surpassed the 60 million mark for the first time in a single year, largely because of the...
Private Auto Premiums See Largest Q3 Growth in 10 Years: SNL December 19, 2014 By SNL Financial Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year...
President Obama Signs Bill Easing Insurer Capital Standards December 19, 2014 President Barack Obama has signed legislation intended to relax capital and liquidity standards for insurers under the Dodd-Frank Act. The...
Fireman’s Fund Timeline: Through Earthquake, Amex and More December 19, 2014 By Noah Buhayar The sale of a Fireman’s Fund unit from Allianz SE to Ace Ltd. stands to further diminish an iconic U.S....
MetLife Considers Appeal of Systemic Risk Label December 19, 2014 By Ian Katz and Zachary Tracer MetLife Inc., the biggest U.S. life insurer by assets, was labeled a systemically important financial institution by a council of...
Insurer Philadelphia Cos. Counts Carbon Footprint December 18, 2014 By Don Jergler It’s no secret that many property/casualty insurers are tackling climate change on the back end through more sophisticated catastrophe modeling,...
Price Optimization Allegations Challenged, NAIC Investigating Practice December 18, 2014 By Don Jergler Reaction to industry-wide price optimization allegations from a consumer group known to call out insurers has been somewhat critical yet...
With TRIA Renewal Efforts Killed, Some Predict Market Chaos December 18, 2014 By Mark Hollmer Property/casualty insurance industry groups, business associations and observers alike were quick to condemn the death of TRIA renewal for 2014....
Bennett Awarded Matt Wells Scholarship to National Alliance Producer School December 18, 2014 By Stephanie K. Jones A former college and professional basketball player and coach is the most recent recipient of Insurance Journal’s Matt Wells Scholarship...