- Benefit reductions not easing employer's workers comp cost increases
Employer costs for workers compensation continue to rise despite the fact that workers comp benefits as a share of payroll were lower in 2013 than any other period, according to a report published Wednesday by the National Academy of Social Insurance.
- Vermont Sen. Leahy touts state's standing among captive domiciles
BURLINGTON, Vt. — Vermont is the “gold standard” when it comes to captive insurance domiciles, Sen. Patrick Leahy, D-Vt., the state’s senior senator says.
- U.S. government appeals judge's ruling over 2008 AIG bailout
(Reuters) — The United States filed an appeal on Wednesday against a U.S. judge’s ruling in June that sided with former American International Group Inc. CEO Maurice Greenberg on a legal claim over the company’s 2008 bailout.
- Captive industry recognizes its champions
- Coverage for investment professionals addresses new regulatory risks
Zurich American Insurance Co. said Wednesday that is has enhanced its liability policy, Zurich Asset Management Select form.
- Trading firm sues AIG unit in professional liability dispute
An online provider of retail and institutional foreign-exchange trading has sued an American International Group Inc.
- Insurer off hook because initial complaint predates policy
HDI-Gerling America Insurance Co.
- Catastrophes, currency, energy pressure Liberty Mutual results
Currency volatility, higher catastrophe losses and ongoing energy market pressures factored into a 35% decline in second-quarter net income, insurer Liberty Mutual Holding Co. reported Wednesday.
- Coverage fills gaps in traditional hurricane insurance
Fort Lauderdale, Florida-based managing general agency New Paradigm Underwriters L.L.C. has introduced a risk transfer solution: Hurricane PM protects property and businesses from financial losses caused by hurricanes.