A state office is making hundreds of recommendations to eliminate Michigan workplace safety regulations that exceed federal standards. The report released by the Office of Regulatory Reinvention aims to eliminate what the agency says are duplicative or unnecessarily burdensome rules. …
Ten new states now have access to workers’ compensation coverage from FastComp.com. The states are Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, Oklahoma, Oregon, Rhode Island and Utah. The product is now available to independent agents in more than 30 states …
Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround. The number and size of securities fraud settlements that won final U.S. court approval fell …
The programs division of Chartis is collaborating with Sterling & Sterling Inc. to provide a new product for salons, day spas and tattoo parlors nationwide. The product, called Total Body Pac, offers property, professional liability, general liability and umbrella liability …
The Association of British Insurers (ABI) is urging homeowners not to worry unnecessarily, but to be aware of the ongoing drought conditions currently afflicting the UK. The extremely dry weather, with little or no rainfall across many parts of the …
Ultimate Risk Solutions, LLC, (URS) announced that Riccardo Nicolini, a long-time senior executive of Assicurazioni Generali, one of Italy’s largest insurance companies, has been appointed as Senior Advisor. URS develops financial risk software used by insurers, reinsurers, brokers and regulators. …
The Supervisory Board of Hannover Rückversicherung AG (Hannover Re) has approved a resolution of the Executive Board to transform the company into a European public limited company (Societas Europaea, or SE). The proposed change in legal form will be presented …
The estimated net costs of expanding healthcare coverage under President Barack Obama’s landmark restructuring have been reduced by $48 billion through 2021, though fewer people would be covered under private insurance plans, a new analysis from the nonpartisan Congressional Budget …
A report from the Division of Motor Vehicles has found that the number of vehicles filing safety inspections in North Carolina tripled last year. DMV Commissioner Mike Robertson told The Charlotte Observer that he thinks the increase happened because his …
Citigroup and MetLife led a list of financial institutions that failed the Federal Reserve’s latest round of stress testing Tuesday, a shock result for two companies that were widely expected to return billions of dollars in extra capital to shareholders …
