California Earthquake Authority to Sell $350M of Bonds October 20, 2014 By James Nash The California Earthquake Authority, the largest seismic insurer in the U.S., is selling $350 million in bonds to strengthen its...
Connecticut Police Officer Charged With Workers’ Comp Fraud October 20, 2014 A former New London, Connecticut, police officer fired over accusations he leaked an internal police document and later rehired has...
‘More Stringent’ Ebola Safety Guidelines In the Works; Travel Ban Debated October 20, 2014 By David Lerman and John Lauerman The safety protocol used by healthcare workers to treat Ebola patients in Dallas wasn’t adequate because it didn’t require that...
Marsh to Acquire Flood Insurance Technology Firm Torrent October 20, 2014 Insurance broker Marsh has agreed to acquire Torrent Technologies Inc., which serves Write Your Own (WYO) insurers participating in the...
Swiss Re Says Industry Won’t Repeat Past Mistakes October 20, 2014 By Oliver Suess Swiss Re Ltd., the world’s second- largest reinsurer, said better models and oversight will prevent substantial losses as the industry...
Brokers Willis Group, Miller Talk Merger of Wholesale Brands October 20, 2014 Willis Group Holdings and Miller Insurance Services LLP are engaged in talks to merge their wholesale insurance businesses. The resulting...
Management of Top Risks Unsatisfactory, Say Risk Managers in FERMA Survey October 20, 2014 Risk managers are not satisfied with the level of mitigation for six of the top 10 risks “that keep their...
Mississippi Regulator Reviewing 3.2% Workers’ Compensation Rate Cut October 20, 2014 Employers in Mississippi could be paying less for workers’ compensation insurance as early as next March, pending approval of a...
Berkley FinSecure Forms Berkley Crime Unit October 20, 2014 Berkley FinSecure, a W .R. Berkley company based in Towson, Md., has launched Berkley Crime, an operating unit focused solely...
Swiss Re Offers Food, Drink Protection for UK, Ireland, Italy October 20, 2014 Swiss Re Corporate Solutions has partnered with UK-based crisis management consultancy The RQA Group to launch comprehensive Contaminated Products Insurance...