Monthly Archives: <span>March 2015</span>

Indiana Hospital Warns 4,400 Patients of Hacker Attack

An Evansville, Ind., hospital has informed about 4,400 patients that hackers may have stolen their personal information during an attack on hospital employees’ email accounts. St. Mary’s Medical Center spokesman Randy Capehart says the hackers accessed emails that contained names, …

Allstate, Hartford, Gallagher Cited Among Most Ethical Companies

The Ethisphere Institute, which promotes standards of ethical business practices, announced its list of the 2015 World’s Most Ethical Companies. The latest list includes 132 companies representing more than 50 industries spanning 21 countries and five continents. Property/casualty insurers Allstate …

RSA Used Irish Unit to Offset Poor Results Elsewhere in Group: Former Exec

RSA Insurance Group plc viewed some reserves set aside to cover potential claims in its Irish unit as “treasure” to be used to offset underperformance elsewhere in the business, a former executive who said he was forced out of the …

Supreme Court Reopens Notre Dame Bid to Bypass Birth Control Coverage

The U.S. Supreme Court told a lower court to reconsider whether the University of Notre Dame must comply with Obama administration regulations for the Affordable Care Act that aim to ensure contraceptive coverage for employees and students. The order gives …

P/C Insurers Face $1 Billion Tab for February Storms in U.S.

February storms in the U.S. are expected to cost insurers more than $1 billion, according to the latest Global Catastrophe Recap from Aon Benfield’s Impact Forecasting. Five separate storm systems hit the U.S. during the month, bringing heavy snow, frigid …

Public Radio Report Puts Spotlight on Workers’ Compensation’s ‘Grand Bargain’

Last week’s ProPublica/National Public Radio report putting a spotlight on the workers’ compensation system caught the attention of experts who were meeting in Boston to share research on how the system is performing at the same time the series was …

Missouri Considers Overly Prescriptive TNC Law

Governments are having a difficult time keeping up with changes in the culture and in the economy these days. One of the top issues for governments everywhere is how to deal with services that are partly clearly commercial in nature, …

Great American Insurance Group to Launch Singapore Operation

Great American Insurance Group announced its lead insurer, Great American Insurance Company, has received preliminary approval from the Monetary Authority of Singapore to establish a branch operation. It plans to begin underwriting risks once all pre-conditions for licensing have been …

EU Submits U.N. Climate Pledge; Urges U.S., China to Follow

The European Union on Friday submitted its formal promise on how much it will cut greenhouse gas emissions to the United Nations ahead of climate change talks starting in November and called on the United States and China to follow …

Forecasters Warn of New Australia Cyclone Formation; Marcia Claims

A low pressure system off northeastern Australia holds up to a 50 percent chance of intensifying to cyclone strength over the next two days and slamming into a region devastated two weeks ago by Cyclone Marcia, according to meteorologists. “This …