The Colorado Senate Judiciary Committee has defeated a bill that would have limited the use of surveillance of employees who have submitted a workers’ compensation claim. Among other things, HB 1012, would have restricted video surveillance to only when the …
AAMGA’s Rothert Says Opportunities for New Business on the Horizon Managing general agents have a positive attitude about what’s to come in the next year. The soft market and recession forced many MGAs to get better at what they do, …
California Insurance Commissioner Steve Poizner announced that 1,010 insurance companies — more than 75 percent of insurers licensed to do business in California — have agreed to forgo future investments in 50 companies identified as doing business with Iran’s nuclear, …
Europe’s debt troubles could undermine its currency, White House Economic Adviser Paul Volcker said Thursday. Volcker, a former Federal Reserve chairman and a widely respected economist, told students at the London School of Economics that it was difficult to have …
European insurers were buoyed by strong sales of life insurance and asset management products on the back of a reviving economy in the first quarter, offsetting big disaster damage claims. Germany’s Allianz, Italy’s Assicurazioni Generali, The Netherlands’ Aegon and Belgium’s …
Companies linked to the massive Gulf of Mexico oil spill are facing a flood of lawsuits, as legal actions from the disaster spread faster than the crude gushing from BP Plc’s blown-out undersea well. Nearly 100 lawsuits have already been …
The year 2010 might be considered revolutionary, as it is ushering in more changes for those who provide insurance for truckers than the industry has seen in a decade. Motor carriers, defined as anyone who uses a vehicle that has …
Bermuda-based Allied World Assurance Company Holdings announced today that it has joined forces with red24™, an independent, global security consultancy firm. The tie up will enhance Allied World’s new ForceField(SM) Kidnap & Ransom/Extortion coverage. The bulletin, explained that “red24 will …
Massachusetts has approved a 2.4 percent decrease in workers’ compensation insurance costs, a figure that should reduce premiums by an estimated $22.5 million this year. Originally the Workers’ Compensation Rating and Inspection Bureau, a private, nonprofit organization of Massachusetts workers’ …
Last weekend the leaders of the European Union finally realized that their dithering over a financial aid package for Greece had imperiled the entire continent’s financial structure. They acted to stem the tide by adopting – subject as usual to …
