January 14, 2019
The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the fourth highest annual catastrophe loss year on record did create questions over pricing adequacy, underwriting strategy and the amount of …
January 11, 2019
SUNZ Insurance Solutions, LLC has formed a partnership with Cimarron Insurance Co. to utilize Cimarron’s Cover One and Cover Two workers’ compensation products. The new partnership provides workers’ compensation insurance options to SUNZ policyholders who have PEO clients who do …
January 11, 2019
Injured workers in mining and construction, those in rural counties or those who suffer fractures, carpal tunnel and neurologic spine pain are among those more likely to receive prescriptions for opioids than workers in other industries or locations or with …
January 11, 2019
Drugmaker Eli Lilly has started posting price information online for drugs advertised on TV. On Jan. 8, the company began running TV ads for a popular diabetes drug that don’t give the price but direct viewers to the website . …
January 11, 2019
Ads for prescription drugs appeared 5 million times in just one year, capping a recent surge in U.S. medical marketing, a new analysis found. The advertisements for various medicines showed up on TV, newspapers, online sites and elsewhere in 2016. …
January 11, 2019
Renewal premium rates for nearly all major commercial insurance lines increased in the fourth quarter of last year with the exception of workers’ compensation where the average rate dropped and remained negative. The 2018 IVANS Index for Q4 and year-end …
January 11, 2019
A federal judge in Minnesota ruled this week that Dairy Queen, owned by Warren Buffett’s Berkshire Hathaway Inc., may pursue its lawsuit to stop W.B. Mason Co. from selling “Blizzard” bottled spring water, the name it uses for a popular …
January 11, 2019
Alphabet Inc.’s directors were sued by shareholders for approving a $90 million exit payment to Andy Rubin, the creator of the Android mobile software, while helping cover up his alleged misconduct and similar misbehavior by other executives. The investors claimed …
January 10, 2019
On the heels of celebrating its 10-year anniversary, Jacksonville, Fla.-based Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies, has unveiled a no-upfront cost program for independent insurance agents that offers a path to …
January 10, 2019
There is a 65 percent chance of an El Niño weather pattern emerging during the northern hemisphere spring this year, a U.S. government weather forecaster said on Thursday. “However, given the timing and that a weak event is favored, significant …