Insurance
Top stories summarized by our editors
2/21/2018

Personal protective equipment is available in a wide array of products, leaving construction firms with the decision of what to adopt that will serve them best. Stefanie Valentic reviews how America's Safest Companies go about making their selections.

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EHS Today
2/20/2018

US lawmakers from both parties are discussing a need to bolster oversight of cryptocurrencies, high-ranking congressional members say. A House Financial Services subcommittee will conduct hearings in coming weeks.

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Reuters
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House Financial Services
2/20/2018

Over 88% of companies were targeted by email phishing scams in 2017, up from 75% in 2016, per a Proofpoint report. Spoofed identities were on the rise in 2017, and social media-themed attacks also were significant, the report shows.

2/20/2018

More companies are offering employees financial incentives, including cash and student loan payment matching, to reduce stress and to encourage them to participate in financial wellness programs. An International Foundation of Employee Benefit Plans survey found that 17% of companies offering financial wellness programs had incentives in 2016, up from 10.7% in 2014.

2/20/2018

A study by National Underwriter, the National Association of Professional Insurance Agents and Flaspohler|NMG finds that about 42% of independent property/casualty agents plan to continue working with the same carriers in the year ahead. Meanwhile, about 24% said they plan to change some carriers but keep the same number overall, 22.6% expect to add more carriers, and less than 10% plan to consolidate the number of carriers they use.

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PropertyCasualty360
2/20/2018

Munich Re says hurricanes and other catastrophes in 2017 led to insured losses exceeding $135 billion. Some reinsurers' profits, particularly those struggling with Germany's monetary policy, are challenged because January renewal rates were low at a time when pricing would normally increase.

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Munich Re
2/20/2018

Moderate flooding is likely in the Cincinnati area as the Ohio River rise, and forecasters say the river is likely to stay above flood stage until Friday night. Flooding has already led to the closures of some roads and a park.

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WXIX-TV (Cincinnati)
2/20/2018

Evacuation orders for some residents are no longer in effect now that crews have made progress in battling a central California wildfire that has posed a risk to hundreds of structures. The wind-driven fire has burned 3.5 square miles on the Sierra Nevada's eastern slopes.

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The Associated Press
2/20/2018

Legislation in Wisconsin would let small businesses within an industry association or chamber of commerce self-insure for employees' health care. The bill's author says the measure would mitigate soaring health care costs, while an opponent says it would undermine the Affordable Care Act marketplace and lead to health plans with fewer benefits.

2/20/2018

Fear of the unknown can hinder decision-making when advisors are considering changing firms, writes Mindy Diamond of Diamond Consultants. To overcome fear, advisors should examine factors such as their desire for change, client relationships and growth potential, Diamond writes.

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WealthManagement