Loss Control

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.

The sun shone on Bermudas reinsurers during the first quarter of 2012, but regulatory changes and cat losses still lurk in the water.

Tropical Storm Alberto made an early-season appearance in the Atlantic basin over the weekend forming off the Carolina coast on Saturday, but forecasters say the storm poses no threat to land.

The insurance industry held more than $1.1 billion of JPMorgan stock when the bank announced a trading loss of $2 billion on May 10, but most companies should escape any long-term fallout on their portfolios, reports SNL Financial.