Large Firms Add Financial Muscle to Wellness Programs January 16, 2015 By Sharon Begley U.S. companies are increasingly penalizing workers who decline to join “wellness” programs, embracing an element of President Barack Obama’s healthcare...
Catastrophe Bond Issuance Reaches Record Levels: Aon Benfield Report January 16, 2015 Property catastrophe bond issuance for the fourth quarter 2014 stood at USD$2.1 billion across six separate transactions, contributing to a...
ACE Promotes Langdon to Global Head of Upstream Energy January 16, 2015 ACE Group announced that James Langdon, Lloyd’s market manager for energy within ACE Global Markets, has been promoted to the...
Towergate Creditors Seeking Takeover With $1 Billion Debt Swap January 16, 2015 By Julie Miecamp Towergate Finance Plc’s creditors are offering to cancel 715 million pounds ($1 billion) of debt in exchange for control of...
World Economic Forum Report Cites ‘Interstate Conflict’ as #1 Risk January 16, 2015 By Charles E. Boyle The World Economic Forum Global Risks 2015 report, released at a press conference in London yesterday, singled out potential “interstate...
Threat of Cyber Attacks Must Be Priority for Corporate Boards: KPMG January 16, 2015 By Jeremy Hodges The threat of cyber attacks must be taken more seriously by corporate boards at Britain’s largest companies, according to a...
Ohio’s Smith Insurance Services Partners with the Leavitt Group January 15, 2015 Ohio-based Smith Insurance Services Inc., along with Franchise Insurance Agency Inc., has entered into a partnership with the Leavitt Group....
Texas Bills Target ‘Named Driver’ Automobile Policies; Disclosure Rules Adopted January 15, 2015 A pair of bills filed in the Texas Legislature would prohibit automobile insurers from issuing “named driver” policies in the...
Judge Trims BP Oil Spill Fine to $13.7B January 15, 2015 BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico...
Global Risk Investment May R!SE With U.N., Willis-Backed Initiative January 15, 2015 By Don Jergler There is opportunity in climate change. That’s the frown-upside down view being taken by at least one large insurance broker...