Recently added articles from Business Insurance:
On the Web.(NEWS)(Brief article)
Dec 07, 2009; ... WOMEN TO WATCH See complete profiles of the honorees online Business Insurance features the complete profiles of all the 2009 Women to Watch honorees, featured on page 9, online at www.BusinessInsurance.com/ women2009. BI also will host a lunch and reception ...
AIG, Greenberg settlement viewed as "win-win' deal.(NEWS)(American International Group Inc.)
Dec 07, 2009; Hofmann, Mark A. ... Byline: MARK A. HOFMANN and COLLEEN McCARTHY The decision by American International Group Inc. and former executives Maurice R. Greenberg and Howard I. Smith to settle all pending legal disputes is a net gain for both sides, according to industry observers. At a ...
In Brief.(NEWS)(A.M. Best Company Inc.)(American International Group Inc.)(Swiss Reinsurance Co.)
Dec 07, 2009; ... Asbestos, environmental losses fall: Best The U.S. property/casualty insurance industry's 2008 asbestos and environmental losses were the lowest since 2000, according to a report by A.M. Best Co. Inc. Net incurred asbestos losses dropped 49.9% to an estimated $1.3 billion in ...
Labor Department issues COBRA subsidy guidance.(NEWS)(Consolidated Omnibus Budget Reconciliation Act of 1985)(Brief article)
Dec 07, 2009; Geisel, Jerry ... Byline: JERRY GEISEL While a federal law authorizes COBRA health insurance premium subsidies to employees involuntarily terminated through Dec. 31, some employees laid off before then may be ineligible for the subsidy, the Labor Department said. Last week, the Labor ...
N.Y. broker pay rules draw fire; Brokers group slams mandatory disclosure, threatens legal action.(NEWS)(New York State Insurance Department)
Dec 07, 2009; Roberts, Sally ... Byline: SALLY ROBERTS The New York State Insurance Department last week took the final step toward promulgating new regulations that would require agents and brokers operating in the state to disclose all forms of compensation they receive from insurers upon client request. ...
Dubai debt crisis may curb insurance market growth.(NEWS)(Dubai World)
Dec 07, 2009; Brandford, Michale ... Byline: MICHAEL BRADFORD Having less property to insure in Dubai's sluggish development market is a bigger fear for insurers than exposures they may face from a potential default by the troubled government-owned Dubai World, experts say. In light of surprise debt ...
OPINION.(NEWS)(House Financial Services Committee)
Dec 07, 2009; ... Insurance office plan takes good first step THE HOUSE FINANCIAL SERVICES Committee's approval of a bill to create a Federal Insurance Office is a good first step in more ways than one. It's significant in the sense that last week's vote was the first time the idea of ...
Firm marshals help to recover lost art.(NEWS)(United States. Marshals Service)(Edelman Arts Inc. and Galerie Gmurzynska)(Brief article)
Dec 07, 2009; ... An insurance tussle between two art dealers got the U.S. Marshals Service involved. Nearly a dozen U.S. marshals and police officers raided the Art Basel Miami Beach show in Miami Beach, Fla., last week seizing paintings by Fernand Leger, Joan Miro, Edgar Degas and Yves Klein. ...
MAN GOES TO COURT AFTER BEST FRIEND BANNED FROM STORE.(NEWS)(Canadian Foundation for Animal Assisted Support Services)(Brief article)
Dec 07, 2009; ... A little dog is part of a big fight in Ontario, Canada. Alex Allarie, who owns a Chihuahua named Dee-o-Gee, has accused owners of a grocery store of discrimination, according to a report by the Canadian Broadcasting Corp. Mr. Allarie went before an Ontario human ...
Xmas light study shocks Europe.(NEWS)(light manufacturers safety testing for its products)(Brief article)
Dec 07, 2009; ... Selecting the wrong Christmas tree lights can produce less-than-joyful effects, a European Union study concludes. The study, conducted by five E.U. member states, showed that 30.4% of the Christmas lights examined present a serious risk of electrocution, fire or both. ...
Old British men not so grumpy.(NEWS)(Survey)(Brief article)
Dec 07, 2009; ... For the first time, men are happier at work than women, a new U.K. research study has found. The study, conducted by Portsmouth, England-based Quality of Work Life Ltd., a spinoff company of the University of Portsmouth, shows that men and women nearing retirement perceive a ...
House panel advances insurance overseerIndustry generally supports the proposal, but concerns remain.(NEWS)(House Financial Services Committee)(The Federal Insurance Office Act of 2009)
Dec 07, 2009; Casale, Jeff ... Byline: JEFF CASALE and MARK A. HOFMANN Risk managers and insurer groups are welcoming last week's House Financial Services Committee approval of a bill that would establish a Federal Insurance Office. The Federal Insurance Office Act of 2009, introduced by Rep. Paul ...
Market Moves.(NEWS)(Cooper Gay Risk Services Inc.)(Ironshore Inc.)
Dec 07, 2009; ... Cooper Gay Risk Services opens Atlanta office LONDONCooper Gay Risk Services Inc., a unit of London-based insurance and reinsurance broker Cooper Gay (Holdings) Ltd., has opened an office in Atlanta. Barry Whitton, formerly national property practice leader for ...
Deadline looms for firms to register claims data; Effort to curb Medicare costs raises questions.(NEWS)
Dec 07, 2009; Ceniceros, Roberto ... Byline: ROBERTO CENICEROS Insurers and self-insured employers face a Dec. 31 deadline to register with a federal agency, but numerous questions remain about what workers compensation and liability claims data must be fed into the Medicare system, several experts say. ...
Leadership vacuum exists in P/C industry.(NEWS)(property/casualty insurance industry)(Brief article)
Dec 07, 2009; ... Independent insurance consultant Myron M. Picoult writes that a "leadership vacuum in the property/casualty insurance industry is having significant effects on insurance companies' growth, profitability, staff development and ability to serve ...
Workplace safety is about people's lives.(NEWS)
Dec 07, 2009; Ceniceros, Roberto ... Byline: ROBERTO CENICEROS A recent home page redesign on the Occupational Safety and Health Administration's Web site, www.osha.gov, is a potent reminder that workplace safety is about the lives at stake, not just claims numbers. Many dedicated safety engineers, risk ...
UP CLOSE Comings & Goings; PAMELA FLAHERTY.(Schwartz Bros. Insurance Services Inc. vice president)(Brief article)
Dec 07, 2009; ... NEW JOB TITLE: Chicago-based vp for Schwartz Bros. Insurance Services Inc., dealing with both personal and commercial lines of insurance. PREVIOUS POSITION: Chicago-based assistant vp of new business at Marsh Inc.'s private client services practice. GOALS FOR NEW ...
WOMEN TO WATCH; Carol Arendall.(U.S. Foodservice vice president)
Dec 07, 2009; Hofmann, Mark A. ... Byline: Mark A. Hofmann The slightly more than two years since Carol Arendall appeared on Business Insurance's 2007 Women to Watch list have been a period of change for the risk management professional. "The biggest change is clearly the move to U.S. Foodservice ...
WOMEN TO WATCH; Terri D. Austin.(NEWS)(chief diversity officer of Chartis Inc.)(Occupation overview)
Dec 07, 2009; Roberts, Sally ... Byline: Sally Roberts As chief diversity officer of New York-based Chartis Inc., Terri D. Austin is responsible not only for enhancing diversity within the insurer's workforce globally, but also within its products and services, suppliers and community outreach. It's ...
WOMEN TO WATCH; Karen M. Clark.(NEWS)
Dec 07, 2009; Phillips, Zack ... Byline: Zack Phillips Karen M. Clark, among Women to Watch that Business Insurance honored in 2006, made a dramatic career shift one year later. The recognition honored her work with AIR Worldwide Corp., the catastrophe modeling company she founded in 1987. She ...
