Commercial Lines

Sen. David Vitter, R.-La., today introduced a five-year National Flood Insurance Program extension in the form of an amendment to bipartisan drug legislation.

Catastrophe modeler EQECAT says the earthquake in Northern Italy on May 20 will cause about $127 million in insured losses.

Finding the right insurance carrier to help a company mitigate its Workers Comp costs is key, says Mary Beth Pittinger, vice president and executive underwriter of Workers Comp for the Chubb Group of Insurance Cos.

Two effective Workers Compensation cost-control strategies involve the carrot and the stick.

Creating best practices in Workers Comp for many insurers now means going beyond the basics, digging deep into their claims history, and making manufacturing better at manufacturing Workers Comp.

Controlling Workers Compensation costs is a process that needs to start at the very top: Those in the C-suite need to commit themselves to creating a zero-injury culture at their organizations, says Calvin Beyer, head of manufacturing for Zurich North America Commercials customer industry segments.