News
Plenty of Insurance Capacity But Tricky Contract Wording for Oil and Gas Risks
The insurance capacity is there to cover the risks associated with the current oil and gas boom in Texas and the nation, experts say, but agents and their customers should be vigilant in their ...
U.S. Supreme Court Halliburton Ruling Will Help ‘Weed Out’ Weaker Cases
The U.S. Supreme Court tightened the limits on class-action lawsuits by shareholders, giving a partial victory to Halliburton Co. while stopping short of abolishing those suits altogether. ...
After several years in which much of P&C was focused on restoring rate adequacy and profitability, the market is finally...
Gressier to Step Down from AXIS COO Spot
AXIS Capital Holdings Ltd. said Jack Gressier stepped down just months after the Bermuda-based insurer and reinsurer named him chief operating officer. Gressier, 46, won't be replaced, and his ...
Validus Buying Western World for Nearly $700M
Validus Holdings announced Monday that it signed a definitive agreement to acquire Western World Insurance Group for nearly $700 million, in a deal that leaves the management team and brand of the ...
Verisk to Commercial Property Insurers: We’ll Make the Follow-Up Calls for You
Verisk Insurance Solutions - Commercial Property announced last week that has introduced a service called PhoneAssist in response to industry requests for help with follow-up calls to insureds on ...
Fear of Being Fired Among Predictors of Workers Comp Outcomes: WCRI
Workers compensation researchers have identified anxiety over being fired and other new predictors of worker outcomes that they say can help public officials, payers and health care providers improve ...
Millennials Experience Most Burnout at Work: Job Seeker Survey
Eighty-one percent of employed job seekers feel some level of burnout from their existing job, but for millennials the figure is even higher, according to results of a survey released by job ...
Marsh Rumored to be Targeting Alexander Forbes of South Africa
Marsh Ltd., the insurance unit of New York-based Marsh & McLennan Cos, has expressed interest in bidding for closely held Alexander Forbes Ltd. of South Africa, according to three people familiar ...