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Federal Court Rules Against Religious Groups Over Birth Control Coverage Opt-Out

Religious nonprofit groups must formally opt out of a U.S. health-care mandate if they wish to avoid a requirement that employers provide health-insurance coverage for birth control, a federal appeals court said. The decision is the second win for President …

Xuber’s Bermuda Roundtable White Paper Summarizes Executives’ View of M&A

Xuber, Xchanging’s insurance software business, has gathered a report, which reveals that “insurance executives in Bermuda are questioning the long-term benefits of the current spate of mergers and acquisitions in the reinsurance and insurance market.” Xuber recently gathered a group …

Number of Food Recalls and Their Costs Are Increasing: Swiss Re Report

“Food manufacturers operate in a vast, globalized supply chain, where one mislabeled product or contaminated ingredient can cause sickness, death, multi-million dollar losses and massive reputational damage for the affected companies,” says a new report – Swiss Re’s “Food Safety …

JLT Australia Deploys NetSuite Cloud Solution to Run Entire Business Life Cycle

Jardine Lloyd Thompson (JLT) Australia, a subsidiary of the London-based insurance, reinsurance and employee benefits firm, has deployed NetSuite OpenAir cloud professional services automation (PSA) solution to run the entire business life cycle of its consulting practice, according to a …

Iran Accord Would End Sanctions on Many Industries Including Re/Insurance

Iran and world powers reached a historic accord designed to prevent the Islamic Republic from developing nuclear weapons in return for ending sanctions that have crippled the nation’s economy and slashed its oil exports. Here are some of the key …

Typhoon Nangka Continues on Course towards Japan: AIR Analysis

Catastrophe modeling firm AIR Worldwide has released an analysis of Typhoon Nangka, which is currently a Category 3 storm “with a central pressure of 950 mb and maximum 10-minute sustained wind speeds of 80 knots (~106 mph 1-minute sustained). The …

International Underwriting Association Elects New Market Committee Leaders

The London-based International Underwriting Association’s new Delegated Authority Underwriting Group has held its first meeting and elected Paul Rich of Inter Hannover as its chairman. Matt Gordon of Aviva has been appointed deputy chairman. The group was established in response …

Georgia City Settles Whistleblower Lawsuit From Ex-Deputy Coroner

The City of Augusta, Ga., has settled a whistleblower suit against a former deputy coroner who said he was retaliated against for reporting that the coroner was stealing money and property from dead people. The Augusta Chronicle reported July 8 …

24 Apartments Near University of Central Florida Destroyed by Fire

Fire officials say fire destroyed an apartment building at a complex near the University of Central Florida. It took about 60 firefighters to put out the fire at the Tivoli Apartments on the afternoon of July 12. Seminole County Fire …

West Virginia Declares State of Emergency After Severe Flooding in 3 Counties

West Virginia Gov. Earl Ray Tomblin declared a state of emergency July 13 for Braxton, Webster and Wood counties after severe flooding. The state of emergency seeks to address the rockslides, mudslides and severe flooding that resulted from heavy rain …

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