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

Insurers Disappointed as Supreme Court Backs Disparate Impact Claims

The U.S. Supreme Court said people who file housing-discrimination suits don’t have to show they were victims of intentional bias, in a blow to lenders and insurers and a surprise legal victory for the Obama administration. The 5-4 ruling upholds …

Supreme Court Upholds Obamacare Tax Subsidies

The U.S. Supreme Court today upheld the tax subsidies for health insureds across the country including those in states without their own health exchanges that use the federal health insurance exchange. In a 6-3 opinion (King v. Burwell) written by …

PLUS Names Thompson as Executive Director

Robbie Thompson has been hired as the new executive director for Professional Liability Underwriting Society (PLUS). Thompson brings 18 years of management experience to PLUS, most recently as president and CEO of the Credit Union Association of the Dakotas in …

CAMICO Wins IMCA Marketing Award; Allstate, Hartford, Jackson Also Honored

CAMICO won the SAMMY Award for overall Best of Show in insurance industry marketing and communications at the annual Insurance Marketing and Communications Association (IMCA) Showcase Awards gala this week in Nashville. Attendees at the four-day conference voted on the …

Models for Explosions from Terrorist Attacks Could Reduce the Carnage

While catastrophic event models mainly focus on weather related events, the world also has to cope with catastrophic terrorist acts, particularly those caused by explosive devices placed in areas where they will cause the most damage and kill the most …

Congress Finally Approves Fast Track Trade Authority

Legislation vital to securing the largest U.S. trade deal in decades was passed by the Senate on Wednesday by a comfortable margin, advancing President Barack Obama’s efforts to strengthen U.S. economic ties around the Pacific Rim. After a six-week congressional …

Willis Appoints Weaver CEO Singapore, SE Asia; Hooker for Natural Resources

Willis Group Holdings plc has appointed Simon Weaver as CEO of its Singapore office, and to the newly-created role of regional CEO for south-east Asia. He will be is moving from Miller, where he has spent two years as Head …

ACE Report Cautions Multinationals About Rising Professional Indemnity Risks

Increasing numbers of international firms are being exposed to the risk of professional negligence, misrepresentation, or breach of duty claims when operating both at home and abroad, according to a report published by ACE Group. There are increasing numbers of …

Senator ‘Shocked’ by Highway Safety Agency ‘Incompetence’

The U.S. National Highway Traffic Safety Administration hasn’t been able to spot emerging safety hazards because of “blatant incompetent management,” a senator said Tuesday. NHTSA, charged with ensuring safety on the nation’s roadways, gives too much discretion to carmakers and …

Fully Self-Driving Cars Still 15 Years Down the Road: Supplier

The technology to make cars fully autonomous probably won’t be established until at least 2030, according to the top supplier for the world’s biggest automaker. The auto industry will take intermediate steps toward that future, first with safety systems that …