House rejects bill containing health premium subsidy provisions

The House of Representatives on Friday overwhelmingly rejected a trade bill with provisions that would renew federal health insurance premium subsidies for employees who lost their jobs due to foreign competition or... Read more »

International insurer promotes executives

The Navigators Group Inc., an international insurance company with corporate headquarters in Stamford, Connecticut, announced the promotion of two of its executives Friday. Read more »

Police officer hurt en route to assignment not due comp benefits

A police officer who was injured while traveling to work at a location where he was temporarily reassigned isn't eligible for workers compensation benefits, a Texas appellate court has ruled. Read more »

Ruling for Lloyd’s of London in construction dispute overturned

A U.S. appeals court has overturned a lower court ruling that granted Lloyd's of London underwriters summary judgment dismissing a case in a construction-related dispute. Read more »

Health services firm gets OK to fund benefits through captive

The New Jersey Department of Banking and Insurance has approved a plan by Healthcare Services Group Inc. to fund voluntary medical, life and short-term disability benefits through its New Jersey-based captive insurer. Read more »

Specialty insurer buys accident and health agency

Property/casualty and professional liability insurer Philadelphia Insurance Cos. on Friday said it has acquired Larchmont, New York-based managing general agent The Allen J. Flood Cos. Inc. Read more »

Lump-sum takeups cut Hewlett-Packard pension liabilities

Hewlett-Packard Co. has disclosed that its pension plan paid out $810 million to former employees who accepted the company's offer to convert their future annuity benefit to a cash lump-sum. Read more »

Cyber security measure blocked in U.S. Senate

(Reuters) — The U.S. Senate failed on Thursday to advance legislation to strengthen protections against cyber attacks, as Democrats banded together to oppose the measure's inclusion in a defense policy bill. Read more »

Foreign insurers upbeat about growth potential in Africa

Analysts and foreign insurers are upbeat about enormous potential in Africa to develop their business, reported Daily Times. Read more »

Canadian regulator probes increased use of reinsurance

Canada's Office of the Superintendent of Financial Institutions has said that it is probing the growing practice among property/casualty insurers of reinsuring commercial risks overseas, often through unregistered affiliates, reported Financial Post. Read more »