Employers are cautiously waiting to understand the full impact of the Affordable Care Act on workers’ compensation — the effects of which could put either upward or downward pressure on costs and claim trends. Employers can and should take steps to increase the value of the positives and mitigate any negatives while waiting for the health care reform dust to fully settle.
The financially troubled Phoenix Cos. has hired investment banks Goldman Sachs Group Inc. and Sandler O’Neill and Partners to explore a sale, according to people familiar with the matter as ... Read →
Endurance Specialty Holdings Ltd. said it has terminated its takeover offer for Aspen Insurance Holdings Ltd.
The Bermuda-based property-and-casualty insurer said it was also abandoning two proposals Aspen’s shareholders voted down ... Read →
Wall Street reacted negatively to news that Richmond, Va.-based Genworth Financial Inc. will review the adequacy of claim reserves for its long-term care insurance business, which saw a drop in ... Read →
One of the country’s largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn’t appear to exist.
Harwood Service ... Read →
Bill Naylon, who has been acting president since December, has been appointed president of the long-term care insurance unit of MedAmerica Cos.
Online small business insurance provider AssureStart has started selling commercial plans to small businesses in New Jersey over the Internet.
Lyft Inc., a peer-to-peer ride-sharing company, has reached an agreement with New York officials over the company's compliance with state licensing and insurance regulations.
Empire Underwriters is expanding its reach into New York state and surrounding states providing P&C agents with workers comp coverage for preferred, standard and hard-to-place accounts.
A.M. Best will present a webinar titled, “State of the U.S. Workers’ Compensation State Funds” on Aug. 5 featuring Thomas J. Phelan, president and CEO of Chesapeake Employers’ Insurance Co.
Legislation passed on Tuesday, July 29, 2014 by the U.S. House of Representatives will bring a rare benefit to improve insurance coverage at lower cost to companies and their workers ... Read →
View more National Headlines »
Carlos Gutierrez, the former president and owner of G.M. Underwriters in Miami, has been arrested on grand theft and fraud charges after an investigation revealed he stole nearly $1.1 million in insurance premiums from seven insurance and premium finance companies. Read »
A former Des Moines, Iowa, insurance agent was sentenced to 41 months in prison for insurance fraud. Read »