Risk
Why Workers Comp Matters as Broader Safety Net Is Weakened: WCRI Conference
After decades of managing costs for employers, it's time for workers compensation professionals and public policymakers to turn their attention to the needs of injured workers and think of themselves ...
Wells Fargo Phony Account Scandal May Be Bigger Than Previously Thought
More Wells Fargo & Co customers may have been affected by a scandal over phony accounts than previously believed, the third-largest U.S. lender said in a regulatory filing on Wednesday. Wells ...
Ex-Moody’s Exec Loses Out on $864M Ratings Settlement as Whistleblower Lawsuit Dismissed
A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody's Investors Service managing director and said he deserves none of the $863.8 million that Moody's agreed to pay to ...
New Bond Chief for Allianz’s PIMCO Boosts Returns and Investments Alike
After star money manager Bill Gross left in 2014, Pacific Investment Management Co. seemed destined to fade from prominence and become just one of the many firms that dot the U.S. bond-industry ...
U.S. Fruit Growers Risk Disaster From Record February Warmth
February's record warmth across the U.S. means several weeks of worry for fruit growers in the Midwest and Northeast as trees flower early, leaving them vulnerable to a hard freeze that could sweep ...
More Insurer CFOs See Big Data as Helping Them With Growth Goals
Nearly 70 percent of insurer CFOs see pursuit of new growth, market expansion or an M&A deal as a significant priority, making it their top business driver, according to a 2016 EY survey of ...
AmTrust Finalizes $93M Acquisition of Workers Comp Insurer AmeriHealth Casualty
AmTrust Financial services said it has closed a nearly $93 million acquisition of regional U.S. workers compensation insurer AmeriHealth Casualty Insurance Company from Independence Health Group Inc. ...
Generali Reportedly Ramping up Plans to Sell Dutch Business
Italy's biggest insurer Generali has hired BNP Paribas to sell its Dutch business as part of a plan to cut costs in weaker markets and boost profits, sources told Reuters. Generali, which generates ...