Group Health Plans Pay for ‘Zero-Cost’ Workers’ Compensation Claims: Study December 9, 2013 Workers’ compensation claims that result in no payment lead to millions of dollars in increased costs for employee group insurance...
Memphis Firefighters Miss Call, Trapped in Station Due to Power Outage December 9, 2013 The Memphis Fire Department has inspected bay doors at all its stations after firefighters missed calls because they were trapped...
Bushey Succeeds Powers As President of Carolina Casualty December 9, 2013 W. R. Berkley Corp. has named Gerald B. Bushey as president of its subsidiary, Carolina Casualty Insurance Group. Bushey succeeds...
Allstate Picks ING to Sell Fixed Annuities to Its Home, Auto Customers December 9, 2013 By Noah Buhayar and Zachary Tracer ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and...
Glass-Steagall Firewall Could Return If Volcker Rule Disappoints December 9, 2013 By Cheyenne Hopkins and Phil Mattingly Five U.S. agencies will finish the Volcker rule tomorrow after more than three years of Wall Street resistance to its...
Ratings Recap: TATIL, West of England Ship, M&C General December 9, 2013 A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Trinidad...
ANV, Ryan Specialty Complete Managing Agency Combination December 9, 2013 ANV Holdings BV, the Dutch-headquartered specialty insurance business founded by CEO R. Matthew Fairfield, and Ryan Specialty Group, LLC (RSG)...
WTO Overcomes Last Minute Hitch to Reach First Global Trade Deal December 9, 2013 By Randy Fabi The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly...
QBE Shares Drop Most in 12 Years on Unexpected U.S. Loss Forecast December 9, 2013 By Narayanan Somasundaram QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, plunged the most in 12 years after forecasting an unexpected...
Ascension Names Merrill Senior Vice President in California December 6, 2013 Walnut Creek, Calif.-based Ascension Insurance Inc. named Greg Merrill senior vice president of operations for the Fresno office of the...