Industry News

Insurance Journal

Study Examines California Worker’s Comp Prescription Drug Outcomes Under New Formulary

Jul 20, 2018 A new analysis offers a preliminary look at Utilization Review and Independent Medical Review outcomes involving pharmaceutical requests for...

UK Government Officials Identify Security Risks with Huawei’s Telecom Equipment

Jul 20, 2018 Technical and supply-chain issues with equipment made by Chinese firm Huawei have exposed Britain’s telecom networks to new security...

Blaze at Chicago-Area Condo Complex Displaces Hundreds

Jul 20, 2018 Fire has left homeless hundreds of residents of a suburban Chicago condominium complex. About 150 firefighters from 50 departments near Prospect Heights battled the fire,...

Baker Appointed Assistant VP at RHSB in Texas

Jul 20, 2018 Texas-based independent insurance brokerage firm, RHSB, has added Mike Baker as assistant vice president. He will be a part of the growing Commercial Property & Casualty...

Best's Reviews

Global JACS CEO: Volatility Abroad Has Investors Refocusing on US, EU

Jul 20, 2018 Timothy Kovacs, founder and chief executive officer, Global Junction for Alternative Capital Solutions, said market conditions in Latin...

Gothaer Allgemein CEO: Mutual Insurers Thrive on Social Capital

Jul 20, 2018 Christopher Lohmann, chief executive officer, Gothaer Allgemeine, said the German culture puts great value on social capital in which people feel...

Optis Partner: M&A Declines as Brokers Integrate Large Number of 2017 Deals

Jul 20, 2018 Brokers in 2018 are being more selective while integrating a large number of acquisitions and mergers from last year, according to...

A.M. Best Assigns Credit Ratings to New Member of Odyssey Re Holdings Corp., Clearwater Select Insurance Company

Jul 20, 2018 A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit...

Claims Journal

Gov’t Report Accuses NHTSA of Inadequate Recall Monitoring

Jul 20, 2018 An investigation has found that the U.S. government’s highway safety agency failed to act quickly on a consumer complaint, and that could have delayed recalls of...

Scenic California Highway Near Big Sur Reopens After Landslide

Jul 20, 2018 A scenic stretch of Highway 1 in a popular tourist area along the California coast reopened to traffic Wednesday, more than a year after it was blocked by a massive...

North Dakota Seeks New RV Safety Standards After Tornado

Jul 20, 2018 A deadly tornado that recently struck a western North Dakota city has prompted state and local officials to call for increased safety standards for RV parks that often...

Arizona Official Claiming Legislative Immunity Has History of Traffic Stops

Jul 20, 2018 An Arizona lawmaker already under fire for claiming legislative immunity during a traffic stop has a record of getting pulled over for speeding, and only...

Business Insurance

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...

Lockton reports revenue increase

Jun 28, 2018 Lockton Cos. L.L.C. reported $1.57 billion in revenue for fiscal year 2018, a 9.9% increase over fiscal year 2017...