Business Insurance

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Articles in May, 2007 issue of Business Insurance

• Broker pay, policy delivery dominate industry issues; Issuing accurate and timely policies is ongoing challenge.(Spotlight: RIMS 2007 Trends & Developments)
  by Lenckus, Dave
• How to keep new moms a part of the workforce.(Perspective)
  by Crecy, Aaron
• Middle East finance centers grow; Economic boom fuels drive to attract more capital to region.(International News)
  by Bradford, Michael
• Profitable D&O market draws new entrants; Softening prices not a barrier for Ironshore, others.(directors and officers )
  by Lenckus, Dave
• NASCAR confronts risks head-on; Death of racing legend Dale Earnhardt sparks safety system overhaul.(Spotlight: RIMS 2007 Trends & Developments)(National Association for Stock Car Auto Racing Inc.)
  by Gonzalez, Gloria
• Old banana peel skit yields little laughter.(work place accidents)(Brief article)
• Court ruling favors asbestos contractors; Premises liability coverage tapped for claims.(News)
  by Lenckus, Dave
• U.K. hikes employer pension levy; Move made to shore up resources of backstop for defined benefit plans.(International News)
• Insurer won't recover sunken ship.(Assuranceforeningen Gard not recovering insurance for sinking of Bourbon Dolphin)(Brief article)
  by Bradford, Michael
• Gray America presents challenge, opportunity.(Scottsdale Healthcare and its employee benefits)
  by Roberts, Sally
• Buyer coalition focusing on natural cat funding solution; Group seeking input on both commercial, personal lines issues.(News)
  by Hofmann, Mark A.
• Performing due diligence is key to evaluate vendors.(Spotlight: Information Security)(Brief article)
  by Lenckus, Dave
• Private equity capital a plus for the industry.(Opinions)(Brief article)
• In brief.(News)(Bank of America retains Banc of America Securities L.L.C. as it's financial adviser)(ACE Ltd. to compensate for bid rigging)(Occupational Safety and Health Administration to inspect hazardous worksites)
• How companies can protect data and other information.(Spotlight: Information Security)
  by Esola, Louise
• Indonesian brokerage joins Assurex Global.(Industry News)(Mitra, Iswara & Rorimpandey Insurance Brokers)(Brief article)
• SARS outbreak prepares company for possible flu pandemic; Emergency response plan formed after 2003 epidemic.(Spotlight: RIMS 2007 Trends & Developments)(Evergreen International Corp. prepares itelf for Severe acute respiratory syndrome)
  by Gonzalez, Gloria
• Supplemental pay debate heats up; Some risk managers advocate avoiding commission business.(Spotlight: RIMS 2007 Trends & Developments)
  by Lenckus, Dave
• Most 2008 presidential candidates keep quiet on health care; Medical care issues trump economy in voters' concerns.(Benefits Management)
  by Esola, Louise
• Health care tax credits may need tuneup; Policy experts say program a template for affordable coverage.(Benefits Management)
  by Geisel, Jerry
• Compensation issues dominate Q&A with CEOs; Executives differ on what's appropriate in the relationship among buyers, brokers and insurers.(Spotlight: RIMS 2007)(chief executive officer)(Discussion)
  by Wojcik, Joanne
• Lott settles Katrina claim.(Chester T. Lott Sr. accused State Farm Fire & Casualty Co. for insurance claims for his house damaged in Katrina Hurricane)(Brief article)
• Time to avoid conflicts.(Questions & Answers)(dialogue with Joe Plumeri)(Interview)
• Buyers advised to discuss brokers' use of premium float.(Spotlight: RIMS 2007)
  by Roberts, Sally
• Private buyout deals produce new D&O risks; More claims expected as directors' decisions face increased scrutiny.(News)
  by Greenwald, Judy
• Online reports from RIMS.(News)(Risk and Insurance Management Society)(Brief article)
• Canadian pension plan sponsors receive and await court guidance; Pending case focuses on administrative costs charged to fund.(News)
  by Gonzalez, Gloria
• Simple yet overlooked IT security path: Make sure 'mundane' fixes are made; Questions & answers.(Spotlight: Information Security)(Alan Brill)(Interview)
  by Gonzalez, Gloria
• Montana spruces up the captive welcome mat; Industry-supported law would cut capitalization requirements, boost organizational flexibility.(News)(captive insurance companies )
  by Geisel, Jerry
• Threat of information theft grows for employees who work remotely; Laptops, cell phones and other mobile devices also at risk.(Spotlight: Information Security)
  by Esola, Louise
• Model to quantify volcano risk; Probabilistic effort focuses on Europe, N. America, Japan.(International News)
  by Miller, Richard
• Forward view drives best decisions.(First Word)
  by Zolkos, Rodd
• 'Excellent' comp results; Workers comp insurers post best year in decades.(News)
  by Ceniceros, Roberto
• Insurers improve timeliness and quality of policy issuance; More focus needed on specialty, excess coverage areas.(Spotlight: RIMS 2007 Trends & Developments)
  by Parekh, Rupal
• Five steps toward getting your company's data under control.(Cover: Focus Information Technology)
• Patent awarded to InsuranceNoodle.(Tech Focus)(Brief article)
• On the road to near-universal coverage; How Massachusetts is moving to implement its 2006 landmark health care reform law.(Benefits Management)(Chronology)(Brief article)
• Mass. system progresses; Questions & Answers.(Jon Kingsdale, Commonwealth Health Insurance Connector Authority director)(Interview)
  by Geisel, Jerry
• Multiline placements cut some costs: Survey; Middle-market buyers say using one insurer often more efficient.
  by Roberts, Sally
• Health care insurance market transforming in Massachusetts; 'Significant' progress seen in implementing 2006 reform law.(Benefits Management)
  by GEISEL, JERRY
• Workers comp pool seeks more settlement funds from AIG.(News)(American International Group Inc.)
  by Ceniceros, Roberto
• IRS move boosts Roth 401(k) plans; But wide acceptance still some years away, experts say.(News)
  by Geisel, Jerry
• Crump to combine with rival wholesaler; Investor owner pays $650 million in deal for BISYS units.(BISYS Group Inc. contract with Crump Insurance Services Inc. and being acquired by JC Flowers and Co.)
  by Greenwald, Judy
• Big employers continue defined benefit exodus; Defined contribution plans the only offering at 42% of companies.(News)(Survey)
  by Geisel, Jerry
• Webinar: Real-world risk management.(Online Executive Forums)
• Comings & goings.(Willis Group Holdings Ltd. appoints Mark A. Lynch)(World Access Inc. appoints Tony Spear)(New York Life International L.L.C. appoints Allan Roney)
• Employers play third wheel in office romances; Resignation of World Bank chief highlights problems companies face when employees date.(News)
  by Greenwald, Judy
• Narcotic prescriptions linked to higher costs.(News)(workplace injuries)
  by Ceniceros, Roberto
• OxyContin settlement may curb narcotic use; Insurers say expensive drugs often not needed.(News)
  by Ceniceros, Roberto
• IRS regulations target retirement age; Plans allowing full pensions for those younger than 62 are most affected.(News)(Internal Revenue Service)
  by GEISEL, JERRY
• HIGHLANDS HISTORY.(Highlands Insurance Co.)(Brief article)
• Lloyds redefines tech role as developer of standards.(Tech Focus)(Lloyd's of London)
  by Zolkos, Rodd
• The Lloyds of London: A relentless appetite for...rock?(End Page)(Brief article)
• Industry companies look for solutions to legacy IT issues; In the works.(Cover: Focus Information Technology)(Service-Oriented Architecture )
  by Fletcher, Meg
• Euclid offers MPL liability policy.(Products & Services)(manufacturing professional liability)(Chubb Corp. has developed a modular insurance policy)(Lexington Insurance Co. increases services)
• Silverstein, insurers settle WTC claims; $2 billion settlement paves the way for redevelopment of site.(World Trade Center, Silverstein Properties Inc.)
  by Parekh, Rupal
• Forty Years of BI.(News)(Brief article)
• RIMS presents annual awards.(Spotlight: RIMS 2007)(Risk and Insurance Management Society Inc.)
  by Souter, Gavin
• Few E.U. members meet pollution law deadline.(International News)(Brief article)
• Sports events raise education funds; XL Capital donates $100,000 to fund memorial scholarship.(Spotlight: RIMS 2007)
  by Veysey, Sarah
• Wells Fargo deal raises questions; ABD chief quits after bank parent agrees to sale.(News)
  by Roberts, Sally
• Regulator-legislator tiff will benefit no one.(Opinions)
• Loss of sensitive information prompts new data transfer agreement.(Spotlight: Information Security)(Brief article)
  by Lenckus, Dave
• Employers need solid office romance policies.(News)
  by Greenwald, Judy
• Nominations open for annual BI honor.(2007 Benefit Manager of the Year)
• Risk managers scared straight-into IT.(Spotlight: Information Security)(Triad Hospitals Inc.)
  by Geisel, Roseanne White
• The big picture: Tech transformation.(Last Word)(productivity growth tracked )
  by Ryu, Marcus
• Court finds brewer liable for taster's alcoholism.(End Page)(Companhia de Bebidas das Americas)(Brief article)
• NCOIL raps NAIC on closed meetings; NAIC says it's exempt from open-meeting laws; more debate expected.(News)(National Conference of Insurance Legislators, National Assn. of Insurance Commissioners)
  by Fletcher, Meg
• Gen Re sues Arch over employee defections; Reinsurer alleges four former managers conspired to steal trade secrets, staff.(News)
  by Greenwald, Judy
• Vermont readies rollout.(Benefits Management)(health care reform law)
  by Wojcik, Joanne
• World Trade Center coverage program included an array of insurers and reinsurers.(Brief article)
  by Parekh, Rupal
• Optional federal charter is much-needed reform.(insurance laws)(Brief article)
• Brokers march to New Orleans bands' rescue.(End Page)(Brief article)
• Chubb's supplemental commissions based on performance for the previous year.(News)
  by McLeod, Douglas
• Calif. ruling clarifies comp apportionment; Decision seen saving hundreds of millions in employer costs.(News)
  by Ceniceros, Roberto
• Arizona makes changes to lure benefit captives; Domicile could attract offshore facilities looking to expand.(News)
  by Geisel, Jerry
• Hockey player's comp claim sent to the penalty box.(End Page)
• Forty years of BI.(News)
• Canadian pension crisis concerns ease due to improved funding: Study.(News)
  by Gonzalez, Gloria

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