Insurer Group Sets Policy on Natural Disaster Issues
The National Association of Mutual Insurance Companies (NAMIC) has adopted a statement on natural disasters that asserts a flexible regulatory environment in which insurers are free to price coverage based on risk will create incentives for property owners in high-risk …
Wal-Mart Argues Against Maryland Law Ditctating Benefits
Wal-Mart and other retailers challenged Maryland’s new law requiring Wal-Mart to spend more on employee health care, arguing before a Baltimore judge last week that only the federal government may dictate health spending by private companies. Maryland’s law requiring large …
Workplace Bullies May Be Next On Insurers’ Watchlist, Insurance Journal Reports
From the playground to the classroom to the office — bullies can be found in all walks of life, but new anti-harassment legislation in some states could put an end to bullying in the workplace that can be costly for …
Business Moves
HealthNow N.Y., Brokerage Concepts HealthNow New York Inc., parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, is acquiring the business and operations of and Brokerage Concepts, Inc., a major benefits brokerage and administration …
Lloyd’s forecast for Northeast: Storms, global warming threats are real
The prospect of another nasty hurricane season has everyone in the insurance industry braced for a white-knuckle ride. The spectre of a hurricane hitting a major Northeast population center is hardly the stuff of Hollywood fantasy. Leading forecasters agree there …
New Markets
Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents, this program is available on a licensed and admitted basis in …
In Mass., competition not like a box of chocolates
Massachusetts Rep. Ronald Mariano, D-Quincy, and the committee staffers who crafted his auto insurance competitive rating bill tried to sweeten the deal by throwing some bon bons into the box, including fraud fighting funds, an apparent ban on the use …
:Lloyd’s forecast for Northeast: Storms, global warming threats are real
The prospect of another nasty hurricane season has everyone in the insurance industry braced for a white-knuckle ride. The spectre of a hurricane hitting a major Northeast population center is hardly the stuff of Hollywood fantasy. Leading forecasters agree there …
