Senators on the labor committee have narrowly sided with New Orleans Saints owner Tom Benson over the NFL players in a dispute about how workers’ compensation claims for professional athletes should be calculated. The bill by Rep. Chris Broadwater, pushed …
Jacob Rosengarten, Chief Enterprise Risk Officer for XL Group, in a keynote speech at the European Insurance Forum in Dublin, examined how greater connectivity and technology are intensifying global risks and contributing to the world’s current state of volatility. His …
Chaucer, a specialist Lloyd’s insurance group, said it will open an office in Miami, Florida during the fourth quarter of 2014 to develop Latin American business for Chaucer Syndicate 1084. Uwe Fischer, region development director for Latin America, will relocate …
The father of a young woman killed by a train on the set of a movie about Gregg Allman said the family is suing the singer and filmmakers as part of a “wakeup call” to make Hollywood safer. Sarah Jones’ …
A West Virginia insurance agent and a building owner were sentenced in federal court last week in connection with a Logan arson scheme. U.S. Attorney Booth Goodwin said that James Gregory Glick, 44, of Logan, was sentenced to seven years, …
Adapting to climate change is such a daunting task that it can be hard to know where, or how, to begin. Here’s one answer: in southeastern Florida, with yellow foam earplugs. The plugs are needed to keep out the din …
A.M. Best has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to “aa+” from “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc. (TRV), also known as Travelers Group, …
A.M. Best has assigned a financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” to The Dominion of Canada General Insurance Company, based in Toronto, Ontario, Canada, and has assigned a stable outlook for all …
Willis Group Holdings plc announced that it will acquire a controlling stake of approximately 75 percent in Max Matthiessen, an employee benefits adviser in Sweden, for $205 million. Willis said the acquisition “underlines its commitment to grow its global Human …
Malaysia’s government and British satellite firm Inmarsat released the data on Tuesday used to determine the path of missing Malaysia Airlines flight MH370, responding to mounting calls from passengers’ relatives for greater transparency. The data from satellite communications with the …
