Industry News
WCRI Study: Pill Mill Reform Fuels Shift from Opioids to Weaker Meds
A law banning physicians from dispensing certain strong opioids discouraged the doctors from prescribing those drugs at all, according to a new study, which also found that the doctors dispensed more ...
Assured Guaranty Buying Bond Insurance Unit from Radian for $810M
Radian Group Inc. agreed to sell its bond guarantor to Assured Guaranty Ltd. for $810 million to free up capital as the company prepares for tighter oversight of mortgage insurance. The deal is ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
CNA Financial Announces Lindemann to Retire
CNA Financial Corp. has announced that Robert Lindemann, president and chief operating officer of CNA Commercial, will retire effective Dec. 31, 2014, after a career spanning more than three decades. ...
XL Group Comes Out With Nuclear/Radiological Event Coverage
XL Group has come out with insurance coverage for chemical, biological, radiological and nuclear events. The insurer's crisis management team is handling the rollout as it did earlier in December ...
Amlin Buys Up Added Cat Bond Storm Cover for U.S. and Europe
Amlin Plc said it has obtained reinsurance coverage for U.S.-named storm, U.S. earthquake and European Windstorm perils of up to $200 million from Tramline Re II Ltd, a Bermudian special purpose ...
Eastern U.S. Faces Heightened Travel Risks With Christmas Eve Downpour
Planning a trip in the eastern U.S. this holiday season? Pack a little extra time along with the presents. You might need it if the meteorologists are right. First, though, the positive side to the ...
IICF Northeast Division Announces 16 Grants, Honors Munich Re
Earlier this month, the Insurance Industry Charitable Foundation announced $1.2 million in grants to 16 local and regional nonprofits at its Eight Annual Northeast Benefit dinner in New York. During ...
Greenhouse Gas Emissions Still Rising From the World’s Top Companies
Greenhouse gas emissions by the world's top 500 companies rose 3.1 percent from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday. The top ...