Commercial insurance rates rise again in third quarter

Commercial insurance rates edged up in the third quarter of 2018, with commercial auto rates continuing to see the steepest average increases, according to...

Fashion retailer settles EEOC pregnancy, disability bias charges

A woman’s fashion and accessories retailer, The Cato Corp., has agreed to pay $ 3.5 million to resolve a U.S. Equal Employment Opportunity...

Workers comp profits support stable outlook for commercial lines: Best

Workers compensation remains a profitable line of business for U.S. commercial insurers and is contributing to a stable outlook for the sector, according to...

Court refuses challenge by jailed risk retention group founder

The Delaware Chancery Court has refused to permit the founder of a risk retention group who is serving a 37-year jail term for fraud...

Health care firm settles EEOC disability, pregnancy charges

A health care company charged by the U.S. Equal Employment Opportunity Commission with imposing rigid leave policies on its disabled and pregnant employees has...

Insurer may exit home insurance line over insect infestation

Silverfish/ SHUTTERSTOCK.COM Norwegian insurer Protector Forsikring ASA said on Friday it is fishing for investment bankers to help with a potential exit from change-of-ownership home...

Europe should be wary of Huawei: EU tech official

(Reuters) — The European Union should be worried about Huawei Technologies Co. Ltd. and other Chinese technology companies because of the risk they pose...

Gallagher makes international acquisitions

Arthur J. Gallagher & Co. continued its international expansion with two more acquisitions announced late this week. On Friday, Gallagher announced the acquisition of U.K.-based Pavey...

Property/casualty expected rates flat to 5% hike in 2019: USI

Most property/casualty policyholders are expected to experience flat to 5% rate increases in 2019, with pricing challenges likely to persist in specific coverage lines...

PTSD claim not compensable: Court

The Supreme Court of North Dakota on Thursday denied compensability of a workers compensation claim filed by a man more than three years after...

Lawsuit by health care worker who refused vaccine dismissed

A federal appeals court has upheld dismissal of a disability discrimination case filed by a health care worker who was fired after she refused...

Drug-trafficking nurse practitioner among comp convictions

Eight Ohioans convicted on workers compensation fraud or related charges in November include a Springfield nurse practitioner who pleaded guilty to felony drug trafficking...

Specialty insurer to finish partnership with funding supervisor

The StarStone Group, a world specialty insurer, stated Friday it is going to discontinue its lower than year-old partnership with Securis Funding Companions LLP,...

Drew Brees wants a whole lot more than a quarter back...

New Orleans Saints quarterback Drew Brees, the NFL's leader in career passing yards, and his wife Brittany attend an awards show./ SHUTTERSTOCK.COM Diamonds are not...

Medtronic to pay $51M to resolve medical device probes

(Reuters) — Medtronic PLC said on Tuesday it would pay $ 50.9 million to resolve U.S. Justice Department probes into how companies it...

Business owner gets prison time, $10,000 fine for comp fraud

The owner of a former payroll services company in Ohio was sentenced to six months in federal prison and fined $ 10,000 Tuesday...

Swiss Re Corporate Solutions names North America E&S leader

Swiss Re Corporate Solutions Ltd. on Wednesday said it has named Daniel Vetter as head of excess and surplus for North America, effective Jan....

Jury verdict for worker with crushed foot vacated

The Texas Court of Appeals in Houston reversed a $ 2.8 million jury verdict for a worker whose foot was crushed on an...

Duperreault says AIG catastrophe losses could reach $800 million

Brian Duperreault/ REUTERS American International Group Inc. pegged 2018 fourth-quarter catastrophe losses at between $ 750 million and $ 800 million to date...

Property/casualty insurance premiums on the rise: NAIC

Total direct premiums earned for property/casualty lines of business increased by more than $ 25 billion from 2016 to 2017, according to the...
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