News
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 ...
Treasury Takes First Steps to Curb Tax Inversions
The U.S. Treasury Department announced steps that will make it harder for U.S. companies to move their addresses outside the country to reduce their taxes, clamping down on the practice known as ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
SEC Paying $30M-Plus to Whistleblower in Largest Award Yet
An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to ...
Greenberg’s Starr Sues U.S. Over $38M Tax Dispute
Maurice "Hank" Greenberg's Starr International Co. seeks a refund for overpayment of taxes for 2007 in a $38 million lawsuit against the U.S. The Internal Revenue Service has taken no action on ...
Canada Mulls Special Fund to Spread Oil-by-Rail Insurance Burden
The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of a special fund similar to one once set up for ...
A.M. Best Puts Arch JV Partner Gulf Reinsurance Limited Under Review
A.M. Best has placed the financial strength rating of A- (Excellent) of Gulf Reinsurance Limited (Gulf Re) (United Arab Emirates) under review with negative implications. The under review with ...
Wills Re North America Head Sees Possibilities at NAMIC Conference
As the National Association of Mutual Insurance Companies' annual conference got underway this week, Willis Re North America President James Kent said he was bullish about the possibilities for his ...
IICF Says 400 Volunteers Needed for Nationwide Giving Events in October
The Insurance Industry Charitable Foundation (IICF), a nonprofit organization funded by the insurance industry, is recruiting volunteers for its annual Week of Giving event from October 11-18. The ...