Catastrophe Bond Issuance Down But Returns Up: Aon September 9, 2016 By Sonali Basak Catastrophe-bond issuance slipped to its lowest level since 2011 over the past year as the securities outperformed the S&P 500...
Ex-AIG Chief Greenberg Won’t Surrender in 11-Year Old Reinsurance Fight September 9, 2016 By Chris Dolmetsch, Bloomberg Even at 91, former American International Group Inc. Chairman Maurice “Hank” Greenberg isn’t ready to quit fighting. Greenberg scrapped with...
Leon and Bonk Join Risk Strategies’ Midwest Private Client Practice Team September 9, 2016 Insurance and risk management firm, Risk Strategies Co., has expanded its Chicago staff with the addition of two experienced practitioners,...
OSHA Fines Alabama Meat Processing Plant $76K After Worker Loses Fingertip September 9, 2016 A meat processing plant in Bakerhill, Ala., has been fined more than $70,000 following an investigation after a worker lost...
Kentucky Workers’ Comp Loss Costs to Decrease 5 % on Oct. 1 September 9, 2016 The Kentucky Department of Insurance has approved the annual workers’ compensation loss costs filing from the National Council on Compensation...
Florida Warns of Insurance Email Scam Targeting Consumers September 9, 2016 The Florida Office of Insurance Regulation (OIR) and the Department of Financial Services (DFS) are warning state insurance consumers of...
‘Game Changing’ Climate Disclosure Guidelines Coming Soon September 8, 2016 By Don Jergler A global task force’s efforts to create new disclosure guidelines for the world’s financial industry – including insurers in the...
Alliant Acquires Farmin, Rothrock & Parrott in Washington September 8, 2016 Alliant Insurance Services Inc. has acquired Spokane, Wash.-based Farmin, Rothrock & Parrott. Terms of the deal were not disclosed. This...
Allianz Expands Global Environmental Impairment Liability Team September 8, 2016 Allianz Global Corporate & Specialty (AGCS) is expanding its global Environmental Impairment Liability (EIL) team with new senior hires in...
Michigan to Conduct Surprise Inspections of Demolition Sites September 8, 2016 Michigan’s workplace safety agency plans to step up unannounced inspections of demolition sites around the state to ensure workers are...