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South Africa declares drought a national disaster
Published: 14/03/2018The South African government has declared a national state of disaster to deal with the country's drought and water crisis. Read moreSource: www.businessinsurance.com -
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Allianz Africa appoints Arthur Yao as chief underwriting and reinsurance officer
Published: 14/03/2018Germany-based insurer Allianz S.E.'s unit Allianz Africa S.A. has appointed Arthur Yao as chief underwriting and reinsurance officer with effect from Sep. 1. Read moreSource: www.businessinsurance.com -
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Trust and technology vital for insurance brokers to remain competitive: Experts
Published: 14/03/2018Experts said that building trust and technical competence are vital for insurance brokers to remain competitive in the market. Read moreSource: www.businessinsurance.com
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NFL Board Must Redo Ex-Cornerback's Benefits Case
Published: 13/03/2018A California federal judge on Monday ordered an NFL retirement plan board to re-evaluate former NFL cornerback Charles Dimry’s permanent disability benefits application after finding a plan boar ... Read moreSource: www.law360.com -
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FTC Seeks More Info On DaVita's $4.9B Sale to Optum
Published: 13/03/2018DaVita Inc. has received a letter from the Federal Trade Commission seeking more information on the $4.9 billion sale of its independent medical clinic operator to UnitedHealth Group Inc. health servi ... Read moreSource: www.law360.com -
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Oregon Enacts Drug Price Transparency Law
Published: 13/03/2018Oregon’s governor on Tuesday signed legislation requiring drugmakers and health insurers to report extensive information about relatively pricey prescription drugs. Read moreSource: www.law360.com
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Illinois Supreme Court Should Clarify Insurance Law: Part 1
Published: 13/03/2018The Illinois Supreme Court is possibly reviewing two decisions from the appellate court that reached contradictory conclusions on the timeliness of an insured's lawsuit against an insurance producer. ... Read moreSource: www.law360.com -
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Patriots Defensive End Sues Over Unpaid College Injury Policy
Published: 13/03/2018A defensive end for the New England Patriots is claiming in a Texas state court suit that The Professional Athlete Insurance Group PLLC misled him about the terms of a “loss of value” poli ... Read moreSource: www.law360.com -
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Cigna Must Face RICO Claims In Insured Price Suit
Published: 13/03/2018A Connecticut federal judge on Monday kept intact the bulk of a putative class action alleging Cigna Health and Life Insurance Co. and others improperly pumped up the price of prescription drugs witho ... Read moreSource: www.law360.com
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NJ Hooters Must Arbitrate With Insurer Over Fatal Crash
Published: 13/03/2018A Hooters restaurant located in an Atlantic City, New Jersey, casino hotel must arbitrate an insurer's claims for reimbursement of the benefits it paid in connection with a fatal car crash that was al ... Read moreSource: www.law360.com -
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Reducing Work Comp Costs through Creative Return-To-Work
Published: 13/03/2018There is a benefit to every workers’ compensation program when an employee returns to work following a work injury. This is true even in instances where the employee returns to work in a “light duty” ... Read moreSource: blog.reduceyourworkerscomp.com -
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A Winning Approach in Workers’ Compensation
Published: 13/03/2018Article originally published in On the Frontline Magazine An injury or illness arising out of one’s work can be costly. For claimants and their employers, a complete recovery and return to work ... Read moreSource: blog.reduceyourworkerscomp.com
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Irish central bank concerned about CBL’s ability to pay claims
Published: 13/03/2018The Central Bank of Ireland said that there is a "significant question" about the ability of Ireland-based CBL Insurance Europe Ltd. to pay its debts after the New Zealand High Court placed CBL Insura ... Read moreSource: www.businessinsurance.com -
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No-Brexit deal could cost UK, EU firms more than $80 billion: Report
Published: 13/03/2018A report by U.K.-based consultancy firm Oliver Wyman Ltd. and law firm Clifford Chance L.L.P. said that companies in Britain and the European Union could face an extra £58 billion ($80.6 billion) in a ... Read moreSource: www.businessinsurance.com -
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Iranian insurers settle nearly $25 million of quake-related claims
Published: 13/03/2018Abdolnasser Hemmati, head of regulator the Central Insurance of Iran, said that local insurers have settled more than 1 trillion Iranian rials ($24.5 million) worth of claims related to the November 2 ... Read moreSource: www.businessinsurance.com
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UAE satellite firm to make 50% insurance claim for incorrectly launched craft
Published: 13/03/2018U.A.E.-based Al Yah Satellite Communications Co. PrJSC plans to make a claim for 50% of the insured value of its YahSat-3 craft after France-based satellite launching firm Arianespace S.A.'s rocket la ... Read moreSource: www.businessinsurance.com -
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Reforms help African insurers record profit: A.M. Best
Published: 13/03/2018A report by U.S.-based ratings agency A.M. Best Co. Inc. found that insurers and reinsurers in Africa recorded higher profits due to reforms by industry association the Inter-African Conference on Ins ... Read moreSource: www.businessinsurance.com
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