National News

Planes, Trains, Autos, Trucks: ’10 Most Wanted’ Transportation Safety Improvements

Federal safety advocates are targeting three of the worst habits by drivers that kill more than 10,000 people a year: speeding, impaired driving and distractions from electronic gadgets. The U.S. National Transportation Safety Board unveiled its “Most Wanted” list of …

Ironshore Names Hartley U.S. Program Business Leader; Appoints Sharis Director

Ironshore Specialty Casualty has announced executive appointments to oversee the Programs business unit in the U.S. Casey Hartley has been named senior vice president, head of Programs. Hartley will oversee the development, marketing and distribution of programs lines, working with …

What to Do If an Employee Displays Signs of Dementia

Faced with an aging American workforce, companies are increasingly navigating delicate conversations with employees grappling with cognitive declines, experts say. Workers experiencing early stages of dementia may struggle with tasks they had completed without difficulty. Historically punctual employees may forget …

Cigna CEO Says Ending Benefits Manager Rebates Won’t Harm Commercial Market

The U.S. government’s proposal to eliminate rebates that pharmacy benefit managers receive from drugmakers will not have a meaningful impact on growth, and does not affect the commercial market, Cigna Corp. Chief Executive Officer David Cordani said on Friday. Investors …

Insurance Tries to Keep Up with Sharing Economy

As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million consumers and $57.6 billion in spending …

Hartford Revamps Specialty Commercial, Middle Market Before Navigators Closing

The Hartford announced the new operating model and organizational structure that will be effective upon the closing of its pending acquisition of specialty insurer The Navigators Group, which it expects to finalize in late March or April. Navigators operations, along …

SIS Wholesale Insurance Services Launches Online Commercial Excess Program

Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, has launched an online Commercial Excess Liability program. This program offers follow form excess liability coverage with limits up to $10 million. Coverage is …

Insurance Industry Predicts Super Bowl LIII Winner

This Sunday, Jared Goff (in his third NFL season) and the Los Angeles Rams face off against Tom Brady (in his 19th NFL season) and the New England Patriots. Insurance Journal’s Academy of Insurance asked the insurance industry to pick …

Federal Safety Investigators Sidelined by Shutdown Begin Heading to Crash Scenes

It’s been four weeks since a van carrying children from a Louisiana church to Disney World in Florida collided with a swerving tractor-trailer, igniting diesel fuel and killing seven people in a fiery crash. Now, federal crash investigators — sidelined …

Insurance Linked Securities Market Grows to $93B in 2018: Willis Re

Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis Towers Watson. In the …

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