Singer Bob Dylan’s song, “The Times, They Are a Changin,’” was cited as a cautionary reminder by Steve Klingel, NCCI Holdings Inc.’s president and CEO, as he gave a positive report on 2005 results for the workers’ compensation industry during …
The officers of two national insurance policymaking groups have announced a collaboration to create a joint national catastrophe plan. State Senator Steven Geller, D-Hallandale Beach, and Florida Insurance Commissioner Kevin McCarty said they will present proposals to their respective organizations …
Residents of the Northeast coast “ignore the hurricane threat at their peril,” a leading insurer is warning. At the same time, Wendy Baker, president of Lloyd’s America, says she is confident that the global insurance market is equipped to respond …
The U.S. Supreme Court has scaled back protections for government workers who blow the whistle on official misconduct with a 5-4 decision in which new Justice Samuel Alito cast the deciding vote. In a victory for the Bush administration, justices …
Chicago-based Aon Corp. has responded to the U.S. Treasury’s request for comment on the state of the U.S. terrorism insurance marketplace, warning of the danger of allowing the Terrorism Risk Insurance Act of 2002 (TRIA), or its successor legislation, TRIEA, …
While American workers recognize safety as a serious issue, their perceptions about their greatest safety risks do not mirror reality, according to a new National Safety Council survey. In the council’s 2006 American Worker Safety Survey, accidental injury, which is …
Global Broker Willis Group Holding’s recently published “Energy Market Review” concludes that “despite extraordinary losses incurred by the 2005 hurricane season, the energy insurance market has proven remarkably resilient. However, with numerous changes and challenges affecting the industry, it is …
Thanks to numerous avian flu articles, books, and even a television movie, the effects of a pandemic outbreak on the insurance industry have not gone unnoticed. However, while there is apparent agreement that there would be serious ramifications for the …
Insurance buyers are taking a close look at their insurance and risk management programs, looking for possible financial recourse in the event of an outbreak. It is therefore worthwhile to examine each line of coverage in order to properly evaluate …
Insurance companies are threatening the construction schedule for the symbolic Freedom Tower at ground zero, the World Trade Center site’s developer told state lawmakers concerned about the pace of rebuilding. Insurance companies that control billions of dollars in rebuilding funds …
