Privatizing workers' compensation insurance in Ohio would give more choices to consumers and open up a new market for insurers, the Insurance Information Institute's (I.I.I.) president told state officials.

Liberty Mutual Group, through its wholly owned subsidiary Liberty Insurance Company Limited (LICL), said it has been granted approval to begin branch operations in Zhejiang by the China Insurance Regulatory Commission (CIRC).

As we enter the middle portion of the 2010 hurricane season, we find ourselves faced with another issue to add to the post-oil spill mix: Will there be enough adjusters to handle a large catastrophic event when, and if, the need arises?

How can risk managers keep safety, loss control and return-to-work initiatives front and center in a recession? NU Editor Sam Friedman spotlights three role models in his blog at www.NUSamSoapBox.com.

A Pennsylvania man's attempt to turn some dilapidated modular townhomes into nearly $1.4 million was thwarted by authorities, said state Attorney General Tom Corbett.

When rating property and casualty insurance and reinsurance companies globally, stress-testing is applied to evaluate the resiliency of (re)insurers' credit profiles, Moody's Investors Service said in a report.

The roles of race, education and personal accountability in producer license testing and examination were raised as regulators began hearings to examine the need for a uniform process.

The Captive Insurance Companies Association (CICA) and the National Risk Retention Association (NRRA) have both planned events in the Washington D.C. area in October, the organizations said.