PBM disclosure rules still leave benefits brokers with unanswered questions
Benefits brokers need more than disclosure to serve plan sponsors on pharmacy costs, insists industry insider
Insurance News
The Inherited Claim File: Getting Up to Speed on a 1,000-Page File
You inherit a claim. The adjuster who first opened the claim has since changed roles. What’s left is a 1,200+ page medical records package with a file note that reads, “treatment appears r
Hackers Breached Propulsion System of US-Bound Oil Tanker
FBI and US Coast Guard investigators have found evidence that hackers accessed the propulsion system of an oil supertanker as it was approaching the Texas coast this summer, according to US officials
More resilient workforce needed to combat rapid change in risk
Risk managers can ensure organisations are better prepared to meet the rapid change in risk and boost productivity by helping workers become more resilient, according to a recent study by Zurich Insur
Marsh Completes Acquisition of Iowa’s Accel Holdings
Marsh has completed its previously announced agreement to acquire Accel Holdings, a diversified independent insurance and advisory firm headquartered in Waverly, Iowa. Accel will operate within Marsh
Cornell University Rape Allegations, Investigations and Civil Suit
An intense, public outcry over a woman’s account of being gang-raped at a Cornell University fraternity house prompted New York’s governor this week to angrily yank control of the investig
Dominic Collins to step down as Howden's executive chairman
The exit of the group's longest-serving modern chairman opens a succession question at one of the world's largest brokers
Two-thirds of small business owners want help with benefits, survey finds
Most small employers are trying to expand what they offer, and most are doing it without professional guidance
Trump Names Intelligence Chief Clayton as AI Czar, to Head Task Force
US President Donald Trump said on Sunday he had named Director of National Intelligence Jay Clayton the administration’s AI czar, tasking him with coordinating the federal government’s eff
Ex-Lloyd's chief John Neal resurfaces as chair of tech start-up
Former market boss takes his first public role since critical governance review
How Marine Insurers Are Navigating a New Era of Geopolitical Volatility
Global trade routes are under pressure. Ongoing conflict in the Red Sea, persistent tensions in the Strait of Hormuz, and the years-long Russia-Ukraine war in the Black Sea have combined to cre
Comp claim bars negligence suit over resident’s assault
A Maryland appeals court on Friday upheld a ruling barring an assisted living employee’s negligence lawsuit against her employer because she had pursued and accepted workers compensation benefits for
Life sciences risk is shifting and coverage may not follow
A new Zurich report finds accountability gaps forming as AI and outcome-based models reshape the sector
Resilience in the age of interconnected risk
Corporate risks increasingly cannot be understood in isolation. Antoine Fleury of Swiss Re Corporate Solutions argues that businesses need to look beyond individual exposures to understand the connect
Burnham's Brexit rethink: what 'going all the way' could mean for UK insurers
For an industry that has spent a decade and a fortune building its way around Brexit, the options on the table are not equal
Munich Re’s Artmann joins Willis Re for Germany expansion
Willis Re has named Thomas Artmann as CEO of Willis Re Germany after 25 years at Munich Re. Willis Re said Artmann will lead its growth plans for Germany as it establishes a presence in the market. Ba
Employers are getting hurt most by $12.7 billion specialty drug waste
EBRI's new research gives benefits brokers hard data on site-of-care waste in employer health plans
Broker consolidation shifts from dealmaking to integration
COLORADO SPRINGS, Colorado — Years of rapid consolidation in the insurance brokerage sector are giving way to a greater focus on integrating acquired firms and on finding sources of organic growth in
Louisiana court reverses comp denial over driver’s employment status
A Louisiana appeals court on Friday overturned the denial of workers compensation benefits to a dump truck driver, finding that the construction company controlled his work and failed to establish he
Hamilton Re executive among six lost after air ambulance disappears
Hamilton Insurance Group on Monday confirmed the loss of Sergio Lottimore, senior vice president and head of specialty reinsurance at Hamilton Re, who was aboard a medical transport aircraft that disa
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