Health insurer 2Q profits boosted by past quarters (AP)
AP - The biggest publicly-traded health insurers all saw sizable gains in their second-quarter net income in part because claims from previous quarters came in lower than they expected.
BI extends Women to Watch deadline
Business Insurance is accepting nominations for the magazine's 2010 Women to Watch feature, with an extended deadline of Aug. 20.
Genworth slides on disappointing 2Q results (AP)
AP - Shares of Genworth Financial Inc. plunged Friday, a day after the insurer and financial-services company's second-quarter results widely missed Wall Street's expectations.
Patrick team signs insurance change it opposed (AP)
AP - The Patrick administration has reversed course on major legislation affecting the largest life insurer in Massachusetts, after the company threatened to move out of state and its CEO contributed to the lieutenant governor's political campaign just before he signed the bill into law.
Employers need social media rules
BARCELONA, Spain—Companies should develop a clear, written policy on the use of social networking sites to shield themselves from increasing liability related to the sites, a panel of legal experts said.
MGIC Investment posts 2Q profit, 1st in 3 years (AP)
AP - Private mortgage insurer MGIC Investment Corp. surprised Wall Street on Tuesday by posting its first quarterly profit in three years as its foreclosure-related losses dropped.
Profiles: SullivanCurtisMonroe — John L. Wortham & Son
Sulliva nCurtisMonroe Insurance Services L.L.C., Wells Fargo Insurance Services Inc., T&H Group Inc., Western States Insurance, Trion Group Inc. dba Trion, Willis Group Holdings P.L.C., USI Holdings Corp., Woodruff-Sawyer & Co., Van Gilder Insurance Corp.
CNA Financial sheds some environmental liabilities (AP)
AP - Commercial insurer CNA Financial Corp. said Thursday it has agreed to transfer $1.6 billion of asbestos and environmental pollution liabilities to an insurance subsidiary of Warren Buffett's Berkshire Hathaway Inc.
Pru chief expected to give investors apology on AIA (Reuters)
Reuters - Prudential Chief Executive Tidjane Thiam is expected to apologize directly to shareholders when the insurer holds its annual general meeting on Monday, days after it was humiliatingly forced to pull its $35.5 billion bid for AIG's Asian arm.
How to manage risks posed by insurers
Risk managers should look beyond insurer financial-strength ratings as they strive to assess the security behind their insurance programs, according to a new Business Insurance research white paper.
