Business Insurance
Insurance services provider Charles Taylor on Tuesday launched a medical bill review company for employers, third-party administrators, insurers, government entities and self-funded payers, and international payers.
Posted: Sep 14, 2021
Typhoon Chanthu, which was expected to hit Shanghai and the province of Zhejiang on Sept. 13, forced authorities to cancel flights and train services and suspend schools.
Posted: Sep 14, 2021
From cakes to crafts, Pinterest is infamous for possibilities gone awry.
Posted: Sep 14, 2021
Insurance Claims Africa has asked South African state-owned insurer Sasria SOC Ltd. to pay 30% of the insured sum up front to those waiting for the finalization of their riot-related claims to provide interim relief to cash-strapped businesses.
Posted: Sep 14, 2021
Rising frequency and severity of cyberattacks, cyber insurance rates increased by an average of 39% for all industries within Marsh Ltd.'s European client base in the first quarter.
Posted: Sep 14, 2021
German reinsurer Hannover Re SE said demand for natural catastrophe reinsurance and pricing will both climb after recent flooding in Europe and Germany, while other major natural catastrophe zones should also see price hardening in 2022.
Posted: Sep 14, 2021
Origami Risk LLC, a Chicago-based safety and insurance technology company, on Tuesday announced it has expanded its online solutions to help employers address exposures related to COVID-19 with the addition of new functionality to track employee vacc...
Posted: Sep 14, 2021
Gallagher Re Ltd., the reinsurance business of brokerage Arthur J. Gallagher & Co., on Tuesday said it has launched Gallagher Automated Insurance Analytics, a unified, cloud-based analytics platform for clients.
Posted: Sep 14, 2021
Early manual therapy for injured workers with lower back pain is associated with lower utilization of medical services, lower medical and indemnity payments, and shorter disability, according to a study released Tuesday by the Workers’ Compensation R...
Posted: Sep 14, 2021
Massachusetts’ attorney general said on Tuesday she will investigate the cyberattack against T-Mobile U.S. Inc. that exposed personal information of more than 53 million people.
Posted: Sep 14, 2021
A cyber surveillance company based in Israel developed a tool to break into Apple iPhones with a never-before-seen technique that has been in use since at least February, internet security watchdog group Citizen Lab said on Monday.
Posted: Sep 14, 2021
BRP Group Inc. has agreed to acquire Holmdel, New Jersey-based specialty broker and managing general agent Jacobson, Goldfarb & Scott Inc.
Posted: Sep 14, 2021
Resilience Cyber Insurance Solutions, a San Francisco-based program manager, said Tuesday that former Chubb Ltd. executive Kyle Bryant is joining it as international chief underwriting officer to lead its overseas expansion.
Posted: Sep 14, 2021
While Marsh LLC has long focused on helping companies strengthen their resilience against risks that could hit their organizations, the COVID-19 pandemic helped shape a new diagnostic tool from the brokerage and spurred its further development.
Posted: Sep 14, 2021
The recent explosion in special purpose acquisition companies — with twice as many placements in 2020 as there were in the previous 10 years — led to an overheated market, with major increases in cost and harsher terms and conditions, said Machua Mil...
Posted: Sep 14, 2021
Aiming to get past the common practice of relying on a single person within a business department or function to assess specific risks, Origami Risk LLC was inspired by an internet collaboration technique — crowdsourcing.
Posted: Sep 14, 2021
A booming market for internet commerce has left thousands of companies depending on cloud computing to keep their business running, while creating an exposure that until recently was left uninsured.
Posted: Sep 14, 2021
One of the most remarkable features of the pandemic response last year was the ability of many businesses to move from 100% office-based work to 100% remote in a matter of days.
Posted: Sep 14, 2021
To follow the spread of COVID-19, California enacted Senate Bill 1159 in September 2020.
Posted: Sep 14, 2021
Parametric insurance coverage has been available for more than a decade but has often been seen as expensive compared with traditional coverage.
Posted: Sep 14, 2021
A Kentucky appeals court on Friday reversed an administrative law judge’s ruling that barred the reopening of an injury case for a hotel worker that slipped while cleaning.
Posted: Sep 13, 2021
Parts of the levee system installed in New Orleans by the United States Army Corps of Engineers after Hurricane Katrina appear to have performed as designed and helped spare the city from Hurricane Ida’s storm surge.
Posted: Sep 13, 2021
Purdue Pharma, the bankrupt maker of the OxyContin painkiller, on Monday obtained court approval to pay up to $7.1 million in incentive payments for five top executives if they meet certain goals, despite opposition from U.S. government lawyers.
Posted: Sep 13, 2021
Pet owners are in the doghouse when it comes to ensuring they can cover emergency medical costs for their furry friends, according to a survey by Pumpkin Insurance Services Inc.
Posted: Sep 13, 2021
A W.R. Berkley unit is not obligated to indemnify a contractor for a subcontractor’s deficient work, a federal appeals court said Friday, in affirming a lower court’s ruling.
Posted: Sep 13, 2021