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Thursday, February 21, 2013

US Workers' Compensation Reform Includes Opt-Outs, Medical Cost Containment

Workers Comp reformInsurance groups are watching as states launch workers compensation reform efforts that include allowing employers to opt-out of state systems, helping contain medical costs that drive rates upward, and streamlining state

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U.S. Steps Up Pressure for Spying on Firms

Cyber espionageThe White House threatened China and other countries with trade and diplomatic action over corporate espionage as it cataloged more than a dozen cases of cyberattacks and commercial thefts at some of the U.S.'s b...

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Swiss Re Announces Net Income of $4.2 Billion for 2012

Swiss ReSwiss Re has delivered a net income of USD 4.2 billion for 2012. The result was driven by very strong profitability in Property and Casualty Reinsurance and an excellent investment result. Swiss Re's Board of Directors will propose a regular dividend of CHF 3.50 per share and, in addition, a special dividend of CHF ...

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Citizens Chairman Defends Double-Digit Pay Raises

Citizens defends pay raisesCitizens Property Insurance Corp. Chairman Carlos A. Lacasa is fighting back.

Defending double-digit pay raises handed out last year to high-ranking executives at the embattled state-backed insurer, Lacasa expressed his "dismay and regret" over media coverage that he said "seeks to tear dow...

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Earthquake Catastrophes and Fatalities Projected to Rise in Populous 21st Century

Earthquakes"Predicted population increases in this century can be expected to translate into more people dying from earthquakes. There will be more individual earthquakes with very large death tolls as well as more people dying during

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Towers Watson: Insurers with More Developed ERM Programs Are Seeing a Return on Their Investment

Towers Watson and ERMGlobal insurance executives across all business segments say a strong correlation is emerging between advances in the development of their enterprise risk management (ERM) framework and enhanced business performance. According to a recent ERM insurance survey conducted by global professional servic...

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Leavitt Partners Reports: Accountable Care Organizations Have More than Doubled Since 2011

ACOsLeavitt Partners estimates 428 Accountable Care Organizations (ACOs) now exist in 49 states. ACOs have expanded dramatically, more than doubling in number since the start of 2011.

Physician groups are now the largest backers of ACOs, with hospital systems a close second. Delaware is the only st...

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Risk & Insurance Magazine Honors 47 Aon Brokers and Consultants with Power Broker Designation

AonAon plc, the leading global provider of risk management, insurance and reinsurance brokerage, and HR consulting and outsourcing services, today celebrates 47 brokers and consultants as winners of the prestigious Risk & Insurance Power ...

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