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Ex-Coach Crowe Goes on Offense for Youth Injury Prevention

The opposing running back from Jack Crowe’s first game as a full-time high school coach died after a hit later in the 1972 season. Auburn’s starting fullback in 1983, Greg Pratt, collapsed and died after a preseason workout. Those two …

Top Loss Leaders in the Oil Patch? Commercial Auto, Workers’ Comp

There’s no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and gas reservoirs that previously were inaccessible via …

Congress Looking to Modernize Recorded Music Copyright Laws

The U.S. Congress is working to update laws on who gets paid for recorded music, in a possible omnibus bill, as old CDs pile up at yard sales and music lovers increasingly shift to streaming services such as Pandora and …

Ironshore Files for $100M IPO

Ironshore Inc., the insurer led by executives who left American International Group Inc. in the financial crisis, filed for a $100 million initial public offering so that its backers can reduce their stakes. Bank of America Corp. and UBS AG …

Best Affirms Gen Re and Subs Ratings; Outlook Stable

A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation, headquartered in Stamford, Connecticut, and its core property/casualty and life reinsurance /insurance subsidiaries operating in the United …

‘Be the Risk Sherpa,’ XL’s CEO McGavick Tells Risk Managers at Airmic

Mike McGavick, CEO of XL Group, told UK-based risk managers attending this year’s Airmic [Association of Insurance and Risk Managers in Industry] conference in Birmingham: “It’s a great time to be in your jobs, there is great opportunity for you …

Climate Change Threatens Tourism as Ski Slopes Thaw, Seas Rise

Climate change is a growing threat to tourism, from thawing ski resorts to coral reefs hit by warmer seas, and the industry itself should do more to curb its soaring greenhouse gas emissions, a study showed on Tuesday. Tourism’s greenhouse …

ANV Launches U.S. Managing General Underwriter for D&O

ANV Holdings BV, the specialty insurance business, headquartered in the Netherlands, announced the opening of its first U.S. Market Managing General Underwriter (MGU), to be led by Peter McKeegan. ANV said the “team will underwrite Financial Lines for the U.S. …

Agents React to Walmart, Overstock in Insurance: ‘We Aren’t Dead or Dying, We are Evolving’

Recent announcements by giant retailers Walmart and Overstock.com that they entering the insurance sales game have elicited a healthy response from the insurance industry. Some agents have expressed concern and frustration at the notion that their way of doing business …

Ridesharing Bill Cruising Through California Legislature

A bill to more thoroughly regulate insurance requirements for ridesharing companies is successfully wending its way through California Legislature as insurance associations and representatives for companies like Uber and Lyft try and hash out an uncertain middle ground. The Senate …

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