Insurance may not respond in FIFA World Cup corruption scandal

FIFA has $900 million in event postponement/relocation insurance for the 2018 World Cup games in Russia, but the coverage may not respond if the games are moved as a result of the... Read more »

Bill would clean up Medicare-related workers comp claims process

Legislation introduced Thursday aims to improve the administration of Medicare in cases involving workers compensation settlements and provide an avenue to appeal determinations by the Centers for Medicare and Medicaid Services. Read more »

Signs point to PartnerRe favoring Axis for merger

Indications are that an upcoming shareholder vote will favor the proposed merger between Axis Capital Holdings Ltd. and PartnerRe Ltd., according to an analyst note on the deal Friday. Read more »

As health reform case looms in Supreme Court, GOP split on response

(Reuters) — Republicans face a potential political backlash from voters if the U.S. Read more »

Longtime European risk management group head stepping down

The Federation of European Risk Management Associations’ executive director, Florence Bindelle, will leave the European risk management group in October, FERMA said Friday. Read more »

One-eyed oil rig worker wins disability ruling

A federal judge has ordered an oil drilling company to pay $245,600 to an Alaskan oil rig worker who is blind in one eye for refusing to hire him, following an eight-day... Read more »

Firm to pay $190 million to settle accounting fraud case

(Reuters) — Computer Sciences Corp. agreed to pay $190 million to settle civil accounting fraud charges alleging the company manipulated its financial results to hide problems with one of its high-profile contracts. Read more »

Pennsylvania prepares to set up state health exchange

The Pennsylvania Department of Insurance has filed an application to set up a state health insurance exchange if the U.S. Supreme Court strikes down IRS rules that authorize federal premium subsidies to... Read more »

Insurance rates fall for large accounts

Commercial property/casualty insurance rates were flat on average in May but large account policyholders saw decreases, MarketScout reported Friday. Read more »

Personal data now prime target for cyber criminals

(Reuters) — Whoever was behind the latest theft of personal data from U.S. government computers appears to be following a new trend set by cyber criminals: targeting increasingly valuable medical records and... Read more »