April 16, 2012
High-Profile Breaches Highlight Policy, Security Gaps High-profile data breach events have hastened focus on sensitive data and whether a comprehensive approach to protecting it is being used. The magnitude and impact of these breaches have intensified, garnering media attention and …
April 16, 2012
Recent studies show that as much as 75 percent a company’s value relates to its intangible assets, including its reputation. That’s part of the reason more and more executives are taking ethics seriously. That may be hard to believe given …
April 16, 2012
A milestone in the modernization of the London insurance market was reached on March 5, when the electronic processing of endorsements using ACORD data messages was extended to all classes of business. The endorsements initiative is part of a market-wide …
April 16, 2012
Proposed changes to U.S. Department of Labor rules would make it easier for coal miners and their families to obtain black lung benefits, while a West Virginia congressman aims to reduce the amount of paperwork they have to fill out …
April 16, 2012
Hurricane force winds, heavy rains and baseball size hail struck the northern part of McAllen, Texas, on March 29 causing extensive damage to homes, cars and businesses. The damage is expected to be in the tens of millions of dollars …
April 16, 2012
Washington Mutual Inc. recently filed a lawsuit against a dozen insurance companies that had provided directors’ and officers’ coverage. The troubled bank holding company that just completed its Chapter 11 restructuring process says its insurers improperly denied D&O claims. Insurers …
April 16, 2012
Authorities in Tennessee are warning agents that certificates of insurance must be consistent with the underlying policy or they risk being penalized under state law. The Tennessee Department of Commerce and Insurance recently issued a bulletin to clarify the use …
April 16, 2012
It is no secret that the workforce demographic is changing, adding a host of new concerns for both employers and employees. As organizations examine their talent pipelines for incumbent leaders, workers struggle to stand out among their peers as the …
April 16, 2012
BB&T Corp., Crump Group BB&T Corp., a major regional bank and insurance broker based in Winston-Salem, N.C., completed its previously announced acquisition of insurance businesses from Crump Group, a Roseland, N.J.- based insurance wholesaler. BB&T said the deal creates the …
April 16, 2012
The fate of Florida’s caps on damages in medical malpractice cases now rests with the state’s high court after attorneys debated whether the caps are constitutional. The Florida Supreme Court recently heard oral arguments in a case (Evette McCall v. …