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Although workplace violence is viewed as crimes committed by disgruntled coworkers and spouses, the reality is that homicides in the workplace resulting from robberies to the business are more common, but well below levels shown in the mid-1990s, according to a study by NCCI.
Not all shareholders of Aons stock will be subject to U.S. capital gains tax if shareholders approve the insurance brokerage firms changes to move its headquarters from Chicago to London, the firm said.
The good news for property and casualty insurers is that 2012 should see positive rate momentum. The bad news is that insured-exposure growth will not likely be a contributing factor to premium growth, according to a Keefe, Bruyette & Woods analysis.
The Travelers Cos. says 2011 fourth-quarter net income fell 31 percent as underwriting gains suffered from lower prior-year favorable reserve development and catastrophe losses.
Louisianas last-resort insurer is considering going to the U.S. Supreme Court after the states highest court chose not to reconsider its decision to reinstate a $92.7 million award in favor of policyholders.
Economic conditions for 2012 do not look particularly promising, challenging companies to find unique ways to generate sustainable growth and profitability. Continued high unemployment, near zero interest rates, limited growth in the economy, increased consumer diversity, extended low investment returns, intensified service expectations, expanded competition, and a probability of...
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