October 13, 2009

House that Hank built to become homes




Broker group launching online placement system
October 13, 2009 at 4:14 am

WASHINGTON—After years of discussion and numerous failed attempts, backers say a new online tool being introduced today promises to make the insurance procurement process a lot more efficient and a lot less repetitive for brokers and insurers.

Right culture, benefits help set best firms apart
October 13, 2009 at 4:14 am

After months of evaluation, Business Insurance is proud to reveal the 33 companies recognized in our first Best Places to Work in Insurance program.

Schillerstrom
October 13, 2009 at 4:14 am



COBRA assistance may be extended
October 13, 2009 at 4:14 am

WASHINGTON—Employers should brace for an extension of the COBRA health care premium subsidy, which has led to a surge of laid-off employees keeping employer-provided coverage.

In Brief
October 13, 2009 at 4:14 am

Bolstered by a favorable report from congressional budget analysts, health care reform legislation drafted by members of a Senate committee is scheduled for a key vote Tuesday.

Japanese storm loss could top $1 billion
October 13, 2009 at 4:14 am

NAGOYA, Japan—Insured damage from Typhoon Melor, which last week left at least five dead in central Japan and injured more than 100, is expected to total $850 million to $1.5 billion, catastrophe modeler AIR Worldwide Corp. estimated.

Bermuda revamps insurance rules
October 13, 2009 at 4:14 am

HAMILTON, Bermuda—Bermuda has introduced a new regulatory framework for catastrophe bonds and other specialized insurance instruments in an effort to attract more business to the island.

P/C rates stay soft in third quarter despite difficult times for insurers
October 13, 2009 at 4:14 am

Property/casualty rates were either flat or lower in all major market sectors during third-quarter renewals, according to a survey of insurance buyers.

Regulatory reform proposal divides insurers
October 13, 2009 at 4:14 am

WASHINGTON—The question of how much power should be vested in a proposed federal insurance overseer continues to divide the insurance industry as Congress considers a bill to create a Federal Insurance Office.

BI names new editorial staffer
October 13, 2009 at 4:14 am

Mike Tsikoudakis has joined the editorial department of Business Insurance as editorial assistant in the Chicago office.

Strategies to avoid 'late notice' battles
October 13, 2009 at 4:14 am

What constitutes “late notice” or “timely notice” to an insurer when it comes to a liability claim? It depends entirely on the state where the claim takes place, says Stephanie Platzman-Diamant, a Newark, N.J.

Market Moves
October 13, 2009 at 4:14 am

AMARILLO, Texas—CUNA Mutual Insurance Society has acquired crop insurer Producers Ag Insurance Group, the companies said.

Regulators must focus on big picture issues
October 13, 2009 at 4:14 am

Congress is pushing ahead with financial services regulatory reform.

Workers' misuse of Web may create liabilities
October 13, 2009 at 4:14 am

As concerns grow about the prevalence of child pornography on the Internet, some observers warn employers can be held liable for employees who view this material using company computers.

Health risk assessments face bias hurdle
October 13, 2009 at 4:14 am

WASHINGTON—Employers may have to scramble to comply with Internal Revenue Service rules implementing a genetic nondiscrimination law.

What employers can and cannot do under GINA
October 13, 2009 at 4:14 am

The following scenarios are strictly prohibited by Internal Revenue Service rules implementing the Genetic Information Nondiscrimination Act:

Insurance payout may offset damages
October 13, 2009 at 4:14 am

Developer Larry Silverstein may not be able to collect $2.8 billion in damages he was seeking from airlines and security companies he claims are partially responsible for the Sept.

Insurers mull safety of 'green' risks
October 13, 2009 at 4:14 am

PRAGUE, Czech Republic—Insurers are examining how to reward companies for implementing sustainable business practices that take into account their impact on the environment and society.

Risk managers urged to scrutinize providers
October 13, 2009 at 4:14 am

PRAGUE, Czech Republic—A panel of risk managers discussed the troubles at American International Group Inc.

Solvency II to drive up costs, reduce competition: Panel
October 13, 2009 at 4:14 am

PRAGUE, Czech Republic—Solvency II will provide insurance buyers with greater assurance that their claims will be paid, but such security will not come cheaply and likely will create a marketplace with fewer players, warned a panel of insurers and...

European risk managers consider impact of Solvency II
October 13, 2009 at 4:14 am

PRAGUE, Czech Republic—The eventual impact of Solvency II on risk managers and the renewed interest in broker commissions took center stage at the Federation of European Risk Management Assns.' Risk Management Forum 2009.

FERMA draws 1,100 to Czech Republic
October 13, 2009 at 4:14 am

PRAGUE, Czech Republic—The Federation of European Risk Management Assns.' Risk Management Forum 2009, which was held Oct. 4-7 in Prague, Czech Republic, drew about 1,100 attendees.

Japanese play strong suit in H1N1 fight
October 13, 2009 at 4:14 am

Call it risk management fashion for men.

Alleged taper in Andrews case has industry tie
October 13, 2009 at 4:14 am

It turns out there may be an insurance angle in the peephole case in which well-known ESPN reporter Erin Andrews was the victim.

We couldn't bid much higher
October 13, 2009 at 4:14 am

A copy of The Doors' first album, signed by keyboardist Ray Manzarek, is among items being auctioned to raise money for a new California organization with an unusual cause.

House that Hank built to become homes
October 13, 2009 at 4:14 am

American International Group Inc.'s New York headquarters building soon may have some new tenants.

Congress should renew COBRA subsidy law
October 13, 2009 at 4:14 am

Should Congress renew the COBRA premium subsidy provisions included in the economic stimulus legislation that Congress approved in February?

Federal compromise would benefit market
October 13, 2009 at 4:14 am

You can't please everyone all the time.


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