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

Global Insured Cat Losses in First Half Are Below Long-Term Average: Munich Re

Overall losses and insured losses from natural catastrophes during the first half of 2015 were below long-term average values, according to a review of global natural catastrophes issued by Munich Re. Total natural catastrophe losses incurred in the first half …

Why Back Surgery Rates Vary by Location

The probability of injured workers getting back surgery depends on the area of the country in which they seek treatment for their back pain. According to a Workers Compensation Research Institute (WCRI) study, “Why Surgery Rates Vary,” back pain is …

As Nine Storms Roar Across the Pacific Ocean, Two Forces Are to Blame

The Pacific Ocean, named for placidity, is roaring. In the past week, eight tropical systems — and that includes two major typhoons — have formed across the Pacific from China to Mexico. On top of that, another system developed in …

Georgia Hopes to Establish State as Captive-Friendly with Revised Law

Companies looking to form captives in Georgia can now do so with more favorable conditions since the passage of several business-friendly amendments to the Georgia captive insurance law, which became effective July 1. The effort to make the changes to …

Drone Supporters Clash with Georgia Over Capitol Airspace Ban

Drone enthusiasts are calling a ban on the unmanned vehicles within five miles of Georgia’s Capitol an overreach of authority by state officials, while agency officials argue the change is necessary and follows federal guidelines. It’s the latest clash between …

Willis Appoints Zutel as SVP to Willis of Miami

Willis North America, a unit of Willis Group Holdings plc the global risk advisory, re/insurance broking, and human capital and benefits firm has appointed Fred Zutel as senior vice president of Willis of Miami. In this role, Zutel will be …

Westfield Insurance Adds Hahn to Lead Marketing, Communications

Westfield Insurance, a super-regional property and casualty insurance carrier based in Westfield Center, Ohio, has hired Robyn Hahn as the new role of Group Marketing and Communications Leader. Hahn will assume overall responsibility for the planning, development, implementation and execution …

LP Insurance Names Crockett to Nevada Sales Team

LP Insurance Services Inc. has named Wes Crockett to its southern Nevada sales team. Crockett will be responsible for developing new business relationships as well as retaining and servicing existing clients. Crockett was most recently a senior associate at the …

Liberty International to Expand Chilean Business with Purchase of Penta Security

Liberty International Holdings Inc., member of the Liberty Mutual Insurance Group, announced the expansion of its presence in Chile by agreeing to acquire an additional insurance company, Compañia de Seguros Generales Penta Security S.A., the fourth largest non-life insurer in …

N.H. Seeks to Update Insurance Rules for Health Care Provider Networks

The New Hampshire Insurance Department is moving forward with changing its rules for health care provider networks, but some insurance companies aren’t yet sold on a key part of the proposed approach. Department officials say the rules are ripe for …