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Tag Archives: business insurance

Ontario expands firefighter cancer presumption for comp

Ontario expands firefighter cancer presumption for comp

Ontario is extending the presumption for firefighters for entitlement to workers comp benefits to cervical, ovarian and penile cancers. With the expanded presumption, firefighters diagnosed with these three types of cancers will encounter an expedited process for benefits and will not be required to prove a causal link between these …

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Managing general underwriter for crane industry launched

Managing general underwriter for crane industry launched

Specialty Program Group L.L.C. said Thursday it is launching New Heights Insurance Solutions, a managing general underwriter that specializes in providing insurance products for the crane and boom industry. New Heights President Megan Rose joined the specialty brokerage and underwriter holding company as part of the Norman-Spencer Crane acquisition last …

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Travelers introduces claims app for injured workers

Travelers introduces claims app for injured workers

Travelers Cos. Inc. has launched a mobile application aimed at improving the claim experience for injured employees. MyTravelers for Injured Employees, a web-based, mobile-friendly self-service tool for workers compensation claims, offers injured workers increased access to medical professionals and two-way messaging with a Travelers claim nurse, the insurer said Monday in a statement. …

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SEC proposes rule to combat conflicted investment advice

SEC proposes rule to combat conflicted investment advice

(Reuters) — The U.S. Securities and Exchange Commission on Wednesday proposed a new rule that would require brokers at firms like Morgan Stanley and Merrill Lynch Wealth Management to clearly explain the fees investors pay and commissions brokers earn when giving financial advice. The 1,000-page Regulation Best Interest would require …

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AIG restructures European operations ahead of Brexit

AIG restructures European operations ahead of Brexit

American International Group Inc. announced Thursday it has received regulatory authorization to form two European insurers, which will house its U.K. and EU businesses starting later this year. AIG announced last year that it would form insurers in the United Kingdom and Luxembourg to underwrite European business following Britain’s decision …

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