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County risk managers win reversal of attorney lawsuit - Business Insurance


Business Insurance

County risk managers win reversal of attorney lawsuit
Business Insurance
A federal appeals court has vacated a jury's $638,000 award against two county risk managers in Arizona for acting against a county attorney who had spoken to the press and was later terminated, stating they had acted appropriately. Maria Brandon had ...

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Fri, 24 Feb 2017 20:40:48 GMT

Employers caught in the middle of competing marijuana laws - Business Insurance


Business Insurance

Employers caught in the middle of competing marijuana laws
Business Insurance
Adding to the conundrum, the landscape is ever-changing, Patrick Foppe, St. Louis-based attorney with Lashly & Baer P.C., told risk managers and attorneys Friday at the CLM & Business Insurance Retail, Restaurant, and Hospitality Conference in ...

Fri, 24 Feb 2017 20:25:50 GMT

Workers comp fraud scheme lands woman in federal prison - Business Insurance


Business Insurance

Workers comp fraud scheme lands woman in federal prison
Business Insurance
Between May 2013 and May 2016, Orquidea Quezada of Orlando, Florida operated a comp insurance scheme that funneled about $17.4 million through her company, Winter Park, Florida-based Orquicely Construction L.L.C., to subcontractors who frequently ...

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Fri, 24 Feb 2017 19:52:31 GMT

Jury award against Zurich American greatly reduced - Business Insurance


Business Insurance

Jury award against Zurich American greatly reduced
Business Insurance
Zurich Insurance Co. et al. Mr. Walsh's dispute centered on two compensation plans that awarded him incentive pay based on certain types of new business brought into the company, according to the ruling. In the first, he was given the opportunity to ...

Fri, 24 Feb 2017 17:20:14 GMT

Hedge fund reinsurer CEO to step down - Business Insurance


Business Insurance

Hedge fund reinsurer CEO to step down
Business Insurance
John Berger will step down as CEO of Third Point Reinsurance Ltd. on March 1, the Bermuda-based hedge fund reinsurer announced Thursday. Mr. Berger will be succeeded as CEO by Robert Bredahl, who is currently president and chief operating officer.

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Fri, 24 Feb 2017 15:38:06 GMT

Active shooter risks are real — and in the news - Business Insurance


Business Insurance

Active shooter risks are real — and in the news
Business Insurance
Lance Ewing, executive vice president for global risk management and client services at Katy, Texas-based Cotton Holdings Inc., pointed out the coincidental timing of his scheduled talk Thursday at the CLM & Business Insurance Retail, Restaurant, and ...

Thu, 23 Feb 2017 20:48:30 GMT

3 Types of Insurance You Need for Your Import/Export Business - Entrepreneur


Entrepreneur

3 Types of Insurance You Need for Your Import/Export Business
Entrepreneur
Thanks to the Export-Import Bank of the United States, you can purchase several types of export credit risk insurance designed specifically for the newbie exporter and small- to mid-sized enterprises. These policies protect you in the event that your ...

Wed, 22 Feb 2017 20:33:08 GMT

State budget proposals target comp programs - Business Insurance


Business Insurance

State budget proposals target comp programs
Business Insurance
... states have budget concerns and will look to other departments for money to help balance their budget,” said Peter Burton, senior division executive for state relations at the Boca Raton, Florida-based National Council on Compensation Insurance Inc.

Wed, 22 Feb 2017 13:02:55 GMT

AIG sells famed ski operations in Vermont - Business Insurance


Business Insurance

AIG sells famed ski operations in Vermont
Business Insurance
American International Group Inc. on Tuesday said it has agreed to sell the ski operations of Stowe Mountain Resort to Vail Resorts Inc. for $50 million. The once-prized AIG ski resort in Vermont has been connected with the insurer since the 1940s when ...

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Tue, 21 Feb 2017 16:06:22 GMT

Health Insurance Woes Add To The Risky Business Of Farming - NPR


NPR

Health Insurance Woes Add To The Risky Business Of Farming
NPR
Inwood says this held true for small and large farms: Two-thirds of commercial farmers cited the cost of health insurance as the biggest threat. Typically, strategies to build a robust farming industry have focused on access to land, capital and ...

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Tue, 21 Feb 2017 12:00:56 GMT

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