The U.S. Equal Employment Opportunity Commission (EEOC) reported it obtained a record $372.1 million in monetary relief for victims of private sector workplace discrimination in FY 2013. This is $6.7 million more than was recovered last year, and the highest …
The Allstate Corp. reported that it expects to report a fourth-quarter 2013 settlement charge of $100 to $125 million, after-tax, related to the annual measurement of its pension obligations as of Dec. 31, 2013. Settlement charges are non-cash charges that …
Two West Virginia agencies should force coal operators to install detectors that automatically shut down mobile machinery in mines when people get too close, according to a lawsuit. Mountain State Justice lawyers filed an emergency petition last Friday with the …
The Missouri Department of Insurance is recommending a 10.1 percent increase in workers’ compensation loss costs for next year, a lower increase than that suggested by the National Council on Compensation Insurance. The NCCI had recommended an 11.6 percent increase …
Last summer, White House officials planning a nationwide push to urge young adults to enroll in new health insurance plans had a big problem: Polls showed that many young, healthy people who could be key to the success of the …
A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Hamilton Re, Ltd, formerly S.A.C. Re, Ltd., and has assigned a stable …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company, collectively referred to as The Cincinnati …
Storms that lashed southern England yesterday have closed dozens of railway lines, halted ferry sailings and left airports struggling to restore services as millions of Britons attempt to travel before Christmas. Ten U.K. rail operators reported major delays, according to …
As the UK government launches its insurance growth plan, Huw Evans, Deputy Director General of the Association of British Insurers commented: “The Insurance Growth Action Plan demonstrates how important the UK insurance industry is to the economy and wider society …
USI Insurance Services announced today that James P. Kane will join the firm as senior vice president of personal lines effective Jan. 1, 2014. Kane will be responsible for USI’s nationwide personal insurance practice and will be located at the …
