- Catastrophe bonds hit second-quarter lull
Aon Securities, the investment banking division of Aon Benfield Group Ltd., on Friday said catastrophe bond issuance had slowed in the second quarter, with only five new cat bonds issued.
- XL Catlin names regional execs for U.S. West
Mike Soper has joined XL Catlin as U.S. Western regional leader, the insurer announced Friday.
- Employer on hook for retroactive comp premiums
The Ohio Bureau of Workers’ Compensation can retroactively reclassify a company’s workforce and collect more than $1 million in back premiums regardless of whether the employer was at fault, the state Supreme Court has ruled.
- Merger momentum hits a brick wall
Are health insurers’ merger dreams at a dead end?
- S&P puts Humana, Aetna under review after merger lawsuit
“We believe a deal termination would likely have a negative impact on Humana’s credit profile,” S&P said in a report Friday.
- EEOC keeps eye on employers long after settlements
NEW ORLEANS — Employers should be aware that the U.S. Equal Employment Opportunity Commission has and will likely continue to utilize consent decrees to force them to properly accommodate disabled employees.
- Marsh appoints U.S., Canada president, shuffles execs
The broker says that Martin South will head its U.S. and Canada business division and that it would realign some international units.
- Merger mayhem
The U.S. Justice Department makes good on its promise to block megamergers among health insurers, and that leads the Business Insurance week in pictures in the process.
- The BI Top 10
The Justice Department’s move to block health insurer mergers, confirmed Thursday, is among Business Insurance’s top 10 most read features.