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Global Business
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Critically acclaimed director James Cameron may not have walked off with an Oscar for “Avatar,” but he is walking away from a Chinese plagiarism lawsuit, only to be faced by another one in Canada. Read more: |
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Global Business
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RISK MANAGERS can be forgiven for not paying much attention to recent congressional maneuvering on the Homeowners' Defense Act. Read more: |
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Global Business
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WE WELCOME and enthusiastically endorse legislation introduced in the House of Representatives last week that would allow the nation's risk retention groups to provide property insurance to member-owners. Read more: |
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Global Business
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WASHINGTON—Employers will be dealing with COBRA premium subsidy issues for a lot longer if a newly-passed Senate bill receives final congressional approval. Read more: |
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Global Business
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Congressional actions to establish and extend the federal subsidy of COBRA health insurance premiums for laid-off employees Read more: |
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Global Business
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NEW YORK—American International Group Inc. will be better able to focus on its core businesses, including its property/casualty operations, with the sale of two major noncore assets behind it, observers say. Read more: |
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Global Business
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LOS ANGELES—International Lease Finance Corp., American International Group Inc.'s aircraft leasing unit, is likely to be the next, and last, major asset to be sold by the insurer, observers say. Read more: |
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Global Business
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Some employers have taken value-based insurance design well beyond the model set by the City of Asheville, N.C., and Pitney Bowes, which began waiving prescription drug copays for chronic conditions and providing pharmacist coaching a decade ago. Read more: |
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Global Business
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As more employers embrace the concept of value-based insurance design to improve medication adherence, Dr. A. Read more: |
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Global Business
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Ever since Pitney Bowes Inc. slashed copayments on prescription drugs for chronic conditions, benefit managers have taken notice of and mostly self-insured employers have adopted what is known as value-based insurance design. Read more: |
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Global Business
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Value-based insurance design, which many large, self-insured employers have embraced, has yet to make significant inroads in the fully insured market. Read more: |
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Global Business
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Pharmacists are qualified to do much more than just fill prescriptions; they can counsel patients and keep them on track. Read more: |
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Global Business
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Two catastrophe modeling firms are set to release comprehensive updated versions of their hurricane models this year as catastrophe models continue to incorporate the latest technology and scientific data. Read more: |
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Global Business
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Flood models have improved since catastrophic losses struck Europe in 2002 and 2007, but detailed models are available for only a handful of countries, and a pan-European flood model is still several years away. Read more: |
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Global Business
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Despite technical and scientific advances in catastrophe models during the past 20 years, observers say the most significant developments appear to be in the form of human capabilities. Read more: |
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Global Business
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Casualty catastrophe models, the younger siblings of models that help insurers and reinsurers underwrite property catastrophe exposures, need more development before they are widely embraced by reinsurers. Read more: |
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Global Business
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WASHINGTON—U.S. insurers would be monitored by a new Office of National Insurance and risk managers could have easier access to surplus lines markets under legislation proposed Monday. Read more: |
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Global Business
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WASHINGTON—The House Ways and Means Committee is scheduled Wednesday to consider a soon-to-be-introduced jobs bill that is expected to include provisions that would give employers more time to amortize pension shortfalls. Read more: |
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Global Business
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U.S. reinsurers reported a 93.5% combined ratio in 2009 vs. a 101.8% combined ratio for 2008, according to a survey of reinsurers by the Washington-based Reinsurance Assn. of America. Read more: |
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Global Business
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STRONGSVILLE, Ohio (Reuters)—U.S. President Barack Obama on Monday delivered an emotional closing argument for his health care plan, kicking off a week he hopes will end with a conclusive vote in Congress after a year of debate. Read more: |
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Global Business
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LANSING, Mich.–A Michigan lawmaker has introduced legislation that would extend workers compensation benefits to illegal immigrants. Read more: |
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