Workplace wellness programs have two main goals: improve employees’ health and lower their employers’ health-care costs. They’re not very good at either, new research finds. For the study, 3,300 employees of the University of Illinois at Urbana-Champaign were given a …
Private property below ground in New York and Mumbai may not be insurable in the next decade if climate change advances, the head of one of Europe’s largest insurers said. “If you go much further to 2020, 2030, we can …
The U.S. Justice Department has issued a memo that lawyers say could result in fewer whistleblowers being allowed to pursue lawsuits on the agency’s behalf against companies accused of defrauding the government. The Jan. 10 memo, reviewed by Reuters, advised …
CNA announced three leadership appointments within the company’s Commercial Insurance organization. Michael Kirchgessner has been appointed to senior vice president, Underwriting for Large/Complex Casualty business. In this role, Kirchgessner will be responsible for implementing underwriting strategies for CNA’s Large/Complex Casualty …
Lloyd’s of London, the world’s oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the region’s four billion people. There are “incredible” opportunities in …
Firefighters say a near-century-old New Jersey Italian restaurant suffered damage in an afternoon fire. Freehold fire officials say Federici’s Family Restaurant suffered smoke and water damage after a fire broke out in the wall of the restaurant Wednesday. Firefighters were …
The backers of a failed multimillion-dollar campaign to build a third casino in Maine are suing the state ethics commission over a $500,000 fine. The Portland Press Herald reports casino entrepreneur Shawn Scott’s sister, Lisa Scott, filed the suit Monday …
Alliant is continuing to expand its presence on the East coast with its recent hiring of Steve Reisler as vice president. Reisler will be based in the Fair Haven, N.J., office of Alliant within the company’s Alliant Americas division. In …
The Bermuda re/insurance model will be tested following U.S. tax forms and the continuing challenges of competitive market conditions, according to a report by Fitch Ratings. The cut in the U.S. corporate tax rate to 21 percent from 35 percent …
A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cyber security specialist. C5 Capital aims to create a regional managed security service leader combining the latest cloud-based …
