Business Insurance
Hospital outpatient payments were higher and growing faster in states with percent-of-charge-based fee regulations or no fee schedules, according to a study released Tuesday by the Workers Compensation Research Institute.
Posted: Jun 01, 2022
The Workers Compensation Institute on Wednesday named former regulator Andrew Sabolic executive director.
Posted: Jun 01, 2022
The chief executive of top German asset manager DWS will step down next week, he said on Wednesday, a day after raids by prosecutors over allegations that the company misled investors about "green" investments.
Posted: Jun 01, 2022
Nearly 25% of COVID-19 workers compensation claims in Texas that involved professional or hospital/facility services received these services beyond one-month post-injury, according to a report released Tuesday by the Texas Department of Insurance.
Posted: Jun 01, 2022
Hartford Financial Services Group Inc. on Wednesday said David DeSilva has been promoted to head of construction for middle and large commercial.
Posted: Jun 01, 2022
Hudson Insurance Group Wednesday named David A. Garrison senior vice president and head of its new general partners liability unit and introduced a product for asset managers.
Posted: Jun 01, 2022
According to a report by Ireland-based Accenture PLC, European Union could lose an estimated €920 billion ($987.6 billion) in gross domestic product by 2023 if the supply chain disruptions due to the COVID-19 pandemic and Russia-Ukraine war continue.
Posted: Jun 01, 2022
Brazilian mining firm Vale SA has deposited 1.2 billion Brazilian real ($252.37 million) in an escrow account as part of the compensation it has agreed to pay for the Brumadinho dam disaster that killed 270 people in Brazil in 2019.
Posted: Jun 01, 2022
Russian energy company Gazprom PJSC has decided to suspend natural gas supplies to Denmark’s energy company Orsted A/S and Shell Energy Europe Ltd. in Germany with effect from June 1 as the companies have refused to pay in Russian rubles.
Posted: Jun 01, 2022
The Insurance Council of Australia said that insured damage from the floods that ravaged Southeast Queensland and Northern New South Wales earlier this year has reached an estimated $4.3 billion Australian ($3 billion).
Posted: Jun 01, 2022
Verisk Analytics Inc. said Wednesday that its Respond MAP mapping and analytics platform is included as part of the Respond weather data package.
Posted: Jun 01, 2022
Lloyd’s of London, the world’s oldest insurance market, said Wednesday that it was working closely with British and international governments and regulators to implement global sanctions against Russia.
Posted: Jun 01, 2022
Ascot Group Ltd. on Wednesday named former Arch Insurance Group Inc. executive Brian Chiolan to the newly created position of executive vice president, management and professional liability.
Posted: Jun 01, 2022
Police departments are updating policies and procedures and addressing issues such as high-speed chases and body camera policies, which should improve their risk profiles, experts say.
Posted: Jun 01, 2022
A push to make staph infections a compensable, occupational illness is underway, with Illinois lawmakers passing legislation in 2021 and New York considering similar measures this year.
Posted: Jun 01, 2022
Work life and what shape it takes as we move beyond the pandemic continues to evolve.
Posted: Jun 01, 2022
Public entity risk managers are having as hard a time as any insurance buyers as they prepare for renewals.
Posted: Jun 01, 2022
Two years after the murder of George Floyd by a police officer and the nationwide turmoil the killing sparked, the law enforcement liability insurance market, which was already hardening, remains challenged, and many experts say it is unlikely to dra...
Posted: Jun 01, 2022
Considerable attention was paid to a 2020 Colorado law that removes police officers’ qualified immunity, but it has gained little traction elsewhere.
Posted: Jun 01, 2022
Public entity risk managers continue to face difficult liability renewals as insurers increase rates, curb capacity and restrict coverage.
Posted: Jun 01, 2022
The commercial property insurance market remains challenging for public entities.
Posted: Jun 01, 2022
As more states legalize medical and recreational cannabis, risk management professionals in municipal and educational settings face numerous new issues but have been provided with little guidance on how to address them.
Posted: Jun 01, 2022
Testing for marijuana impairment is one of the bigger challenges brought on by state decriminalization of adult cannabis use.
Posted: Jun 01, 2022
2022 Atlantic Hurricane Season Outlook
Posted: Jun 01, 2022