Gloria Gonzalez
Business Insurance
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Past articles by Gloria:
Global capital standard 'unworkable' for US insurance sector: Regulators
A soon-to-be-adopted global capital standard is “unfit for purpose” and “unworkable” for the U.S. insurance regulatory system, according to U.S. regulators. → Read More
Former JLT captive leader joins Hylant
Anne Marie Towle has joined brokerage Hylant Group Inc. in the newly created position of senior vice president and will lead its global captive solutions business. → Read More
Alaska Air challenging Washington commissioner on captive fines
Alaska Air Group Inc. is challenging Washington state Insurance Commissioner Mike Kreidler’s efforts to impose fines for unpaid premium taxes related to its captive as the airline faces the threatened imposition of $2.5 million in total costs. → Read More
Tennessee insurance commissioner named
Tennessee Gov. Bill Lee has named Hodgen Mainda as commissioner of the state’s Department of Commerce & Insurance, effective Oct. 1. → Read More
Sedgwick completes York Risk Services acquisition
Sedgwick Claims Management Services Inc. has completed its acquisition of fellow top 10 third-party administrator York Risk Services Group Inc. → Read More
Worker participation in preventing safety mishaps key: CSB
A lack of effective worker participation in process safety efforts heightens the risk of employee injuries and serious safety incidents, according to a new report by the U.S. Chemical Safety and Hazard Investigation Board. → Read More
Insurers try to measure exposure to childhood sex abuse claims
Insurers do not yet have a handle on how significantly their bottom lines will be hit by rising childhood sexual abuse claims, but analysts say this is a major area of concern. → Read More
Travelers names first chief sustainability officer, launches site
The Travelers Cos. Inc. has named Yafit Cohn as its first chief sustainability officer and launched a new sustainability website, which includes its climate risk and opportunities disclosure report. → Read More
Global insured, economic cat losses down: Swiss Re Institute
Global insured and economic losses from natural catastrophes and man-made disasters in the first half of 2019 are tracking lower compared to the same period last year, according to a report published by Swiss Re Institute. → Read More
Chemical safety board withdraws appeal over accident reporting
The U.S. Chemical Safety and Hazard Investigation Board has withdrawn its appeal of a federal district court judge’s order to adopt regulations requiring people to report accidental chemical releases to the agency. → Read More
Odds of active Atlantic hurricane season rise
Forecasters with the National Oceanic and Atmospheric Administration’s Climate Prediction Center have increased the likelihood of an above-normal Atlantic hurricane season to 45%, up from 30% in the outlook issued in May. → Read More
Liberty Mutual reports lower net income on Jebi, liability trends
Liberty Mutual Holding Co. Inc. posted significantly lower net income due to lingering losses caused by Typhoon Jebi and unfavorable loss trends in liability lines. → Read More
Employers urged to look at written agreements to combat opioid addiction
Written return to work agreements can be an effective tool in managing employees suffering from opioid addiction, including in the construction sector where injuries and opioid overdoses are particularly prevalent. → Read More
Approach cannabis as a risk, not a treatment choice: Experts
The debate over whether cannabis is preferable to opioids as a pain management treatment presents a “false choice,” and employers should instead focus on how to mitigate cannabis-related risks in their workplaces, experts say. → Read More
Hartford profit down on Navigators buy
Hartford Financial Services Group Inc. reported lower profit in the second quarter of 2019 amid costs associated with the company’s acquisition of the Navigators Group Inc. → Read More
Insured value of coastal exposures on the rise: AIR
Population growth along the U.S. Eastern Seaboard and Gulf Coast is driving rising coastal exposure values, which in turn is significantly escalating the total insured value of residential and commercial properties, according to a new analysis. → Read More
Enterprise risk management prevalent in South Africa: Study
A majority of risk professionals in South Africa reported that their enterprise risk management programs are fully or partially integrated into their businesses’ operations. → Read More
Marsh & McLennan sees mixed results in wake of JLT buy
Marsh & McLennan Cos. Inc. reported higher revenue but lower profit in the second quarter of the year, fulfilling projections of near-term growth challenges, particularly in its reinsurance segment, following completion of its $5.6 billion acquisition of Jardine Lloyd Thompson Group PLC. → Read More
House introduces bill to allow insurance for cannabis sector
A bipartisan bill that would ensure legal marijuana and related businesses have access to insurance coverage has been introduced in the U.S. House of Representatives, just days after the bill was introduced in the Senate. → Read More
Federal agencies lag on managing cyber risks
Federal agencies have not fully incorporated key practices in their cybersecurity risk management programs, according to a new report by the U.S. Government Accountability Office. → Read More