Latest Public Entities Headlines
All the headlines from our Public Entities Topic Page, ordered by recency.
Municipalities Try to Reassure Investors on Climate Risks in Bond Offerings
Apr 23 2019 // When Miami Beach borrowed $162 million from Wall Street this week, it wanted investors to know rising seas and extreme weather are a real risk to the city and that it’s doing something about it. An increasing number...
Insurers Pitch Quick-Paying Parametric Disaster Insurance to Public Sector
Apr 9 2019 // Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The catch: Even a...
Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Expanding Public Sector Portfolio
Dec 10 2018 // Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government’s development finance institution, which furthers the company’s...
Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk
Nov 5 2018 // Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change — or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate...
W.R. Berkley Names Barraclough CEO at Public Entity; Fletcher as President at Admiral
Oct 26 2018 // W. R. Berkley Corp. has announced that Scott R. Barraclough is the new chief executive officer of its Berkley Public Entity and Curtis E. Fletcher has succeeded Barraclough as president of Admiral Insurance, another...
Zurich North America, Allied Public Risk Partner on Public Sector Program
Oct 23 2018 // Schaumburg, Illinois-based Zurich North America has entered into an agreement with program administrator Allied Public Risk LLC to provide a full range of insurance coverage to select cities, towns, boroughs, counties and...
Willis Towers Watson Appoints Seaborg to Public Entity Practice in Maryland
Feb 27 2018 // Willis Towers Watson, a global advisory, broking and solutions company, has appointed Eric Seaborg as a client advocate for its public entity practice within its education department. Seaborg will be based in the...
Taser Deaths Produce at Least 442 Lawsuits Against Police, Municipalities: Reuters
Aug 22 2017 // In a first-of-its-kind review of court documents, police reports, other public records and news accounts, Reuters compiled the most comprehensive public accounting to date of deaths and litigation that followed police use...
Public Sector Workplace Injuries, Illnesses Decline in Oklahoma
Oct 27 2016 // Oklahoma public sector employers have reduced the rate of employee injury and illness to 3.8 per 100 workers, down from 4.0 in 2014, the Oklahoma Department of Labor reported. With the recent reduction, Oklahoma has seen a...
Willis Towers Watson Establishes North America Public Entity Practice; Goode to Lead
Sep 7 2016 // Willis Towers Watson has established a North America Public Entity practice under the leadership of Mark Goode. The Public Entity practice will provide risk management, consulting and insurance brokerage services to a...
10 Things to Know About Public Entities & Cyber Risk
Jun 6 2016 // Last year data breaches in the government/military sector accounted for 11.7 percent of U.S. breach incidents. —Identity Theft Resource Center The practice of employing encryption strategies in the public sector rose...
10 Things to Know About Public Entities and Schools
Apr 4 2016 // When underwriting an educational institution for the purposes of sexual assaults and Title IX, a little further digging may be required. Looking into who the people are who will be responsible for Title IX compliance and...
Demotech Affirms Ratings of Midwest Public Entity Pools
Feb 17 2016 // Ohio-based Demotech Inc. recently affirmed the financial stability ratings (FSRs) assigned to six self-funded public entity pools in the Midwest. Demotech reviews and rates more than 415 insurers, writing every line of...
Ironshore Promotes Shapiro to Head Public Entity Practice
Feb 5 2016 // Ironshore Inc.’s Specialty Casualty unit has named Merle E. Shapiro to the position of product line manager for Public Entity lines. She will be responsible for expanding Ironshore’s Public Entity practice and...
Liberty Mutual Creates New Public Entity Division, Hires Kostro to Lead
Dec 18 2015 // Liberty Mutual Insurance has created a new practice dedicated to schools, municipalities and other public entities, and has appointed Susan L. Kostro as chief underwriting officer, Public Entity. Kostro will be responsible...
Willis Names Bernal Public Entity Practice Leader in Arizona
Sep 22 2015 // Willis North America has named Paula Bernal public entity practice leader at Willis of Arizona. Bernal will be based in Phoenix, and lead Willis of Arizona’s public entity practice and be responsible for driving...
Public Sector Injuries Down in Oklahoma
Sep 16 2015 // The Oklahoma Department of Labor is reporting a decrease in the illness and injury rate among public sector employers in the state. The agency reported that Oklahoma has seen a 44 percent decrease over the past 15 years...
Great American Public Sector Increases Casualty Capacity
May 5 2015 // Great American Insurance Group has added an additional $10 million in casualty capacity for public sector risks attaching $10 million or higher. When attached to a risk in conjunction with Great American Public...
Guy Carpenter Launches Public Sector Specialty Practice
Apr 20 2015 // Guy Carpenter has announced the launch of its Public Sector Specialty Practice, utilizing a global team focused exclusively on the unique risk management needs of governmental agencies and entities. “Approximately 73...
10 Things to Know About Cyber Risks in Public Entities
Apr 20 2015 // The per capita cost of a data breach to the public sector is $172 per record, according to the “2014 Cost of Data Breach Study: United States” — Ponemon Institute Public sector companies have the highest...
