Claims / Legal
NAMIC Conference: Gen Re’s Kingdollar Sounds Alarm About Emerging Risks
Cyber attacks, nanotechnology, 3D printing, and natural gas drilling aren't necessarily on the minds of your typical property/casualty mutual insurer. But Charlie Kingdollar said that these and many ...
ACE Private Risk Services Makes Key Executive Appointments
ACE Group's high-net-worth personal lines insurance business, ACE Private Risk Services, has named Clyde Douglas as senior vice president of Claims and Eileen Castolene as vice president of ...
Nursing Home Trial Challenges Liability Transfers to Shell Companies
Juanita Jackson died in July 2003, five weeks after she was removed from a Florida nursing home where her family said continual neglect led to multiple bedsores, malnutrition and a fall that injured ...
Marijuana and Workers Comp
There are some who believe medical marijuana and the workplace are a potent mix just waiting to be stirred as increasingly more states approve the herb and its derivatives for medicinal use. Not only ...
Hurricane Odile Losses Mount for Mexican Insurers; Credit Negative, Moody’s Says
Reporting a preliminary assessment of just under $1 billion from a Mexican insurance trade group, Moody's said substantial claim losses from Hurricane Odile are a credit negative for Mexican ...
Insurance to Cover More than 40% of Home Depot Breach Costs
Home Depot Inc. said a data breach between April and September put about 56 million payment cards at risk, signaling that the hacker attack was bigger than the one that struck Target Corp. last year. ...
Nightclub Insurer Owner in Maryland Charged in $100M Policyholder Fraud
The owner of a Maryland-based insurer faces fraud charges for inflating the ratings of his company to win business, according to an indictment which seeks to recover more than $100 million in ...
Eight Years and Counting; Reserve Releases Continue, Fitch Says
Property/casualty industry prior-year loss reserves developed favorably for eight straight calendar years as of year-end 2013, according to a new report from Fitch Ratings, which also says the ...