- State expects $36 million reduction in comp premiums
West Virginia employers will soon see a projected $36 million reduction in workers compensation premiums, Gov. Earl Ray Tomblin said.
- Multinational insurance services group launched
Everest Insurance, a division of Everest Re Group Ltd., on Monday said it has launched a multinational insurance group.
- Race driver Tony Stewart's insurer not liable in fatal sprint car crash
Axis Insurance is not obligated to defend or indemnify the NASCAR race driver in connection with an accident that fatally injured another driver.
- Insurance group finds lackluster support for comp law
Following an investigation of workers compensation opt-out programs, the National Conference of Insurance Legislators found there’s not enough support to propose a model law.
- Hartford completes acquisition of specialty insurer
Hartford Financial Services Group said it has acquired Maxum Specialty Insurance Group for $168 million in cash.
- Insurer group to cover cyber security liability
Philadelphia Insurance Cos. said Monday that it has launched a cyber security liability endorsement.
- Why Democrats didn't talk more about health care at their convention
No one wanted to talk about the costs, regulations, and other tradeoffs that would be involved in expanding coverage under the Affordable Care Act.
- Gallagher picks up benefits consultant and broker
Arthur J. Gallagher & Co. said Monday that it has acquired employee benefits consultant and broker Orb Financial Services Ltd. in Surrey, England.
- AIG unit wins coverage dispute over crime policy
A firm failed to show that forged letters of credit involved “unlawful taking” under its commercial crime insurance policy, a court says.