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Friday, February 15, 2013

US House Committee Chairman: FIO Should Release Overdue Reports without Further Delay

US Treasury & FIOThe chairman of the U.S. House Financial Services Committee has taken aim at the Federal Insurance Office for failing to meet statutory deadlines for releasing four reports on the U.S. insurance and reinsurance mar...

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Willis Survey: Employers Underestimating True Cost of Complying with Health Care Reform, Stalling on Strategies to Direct Health Care Spend

Willis health surveyThe majority of employers seek to avoid cost increases for their group health plans, however, more than half have not put pen to paper to calculate the cost of health care reform,...

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Ironshore Acquires Excess Risk Reinsurance

IronshoreIronshore Inc. has acquired managing general underwriter Excess Risk Reinsurance, which specializes in employer stop loss insurance. The US-based firm will operate as a wholly-owned subsidiary of Ironshore Insurance Services.

Excess Risk Reinsurance's president Steven Parker and executive vice-president Davi...

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Aon Hewitt Survey Reveals More Employers Plan to Offer Lump-Sum Pension Payouts in 2013

AonLast year marked a watershed moment in retirement benefits as numerous companies decreased their pension risk exposure by offering participants a one-time lump-sum pension payout. A new survey by Aon Hewitt, the global human resources solutions business of Aon plc, re...

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GAO Cites Climate Change as Financial Risk

Climate ChangeA government agency that investigates federal spending has singled out climate change as an event that could pose a "significant financial risk" to the U.S. government.

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ICF Launches Arizona Chapter with Volunteer Effort

IICF new chapterThe Insurance Industry Charitable Foundation (IICF) Western Division announced the establishment of an Arizona Chapter.  The launch marks the second chapter and third operating state for the IICF Western Division, alongside California and Colorado. The IICF combines the collective resources and talents of ...

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