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Risk Management a David G. Cammarata uses Verizon's captive insurers...

2015-04-26 21:12:33| Telecom - Topix.net

The majority of Verizon Communications Inc.'s risk management activities are contained within its captives, which serve as the "cornerstone" of the company's risk management strategy, said Paul Johnson, director of captive operations for Verizon. The company's three captives - Exchange Indemnity Co., which is domiciled in Vermont, Exchange Indemnity Co.

Tags: management david risk risk management

 

US disaster aid must be overhauled to deal with climate threats, insurers warn

2015-04-22 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: A coalition of insurance companies and environmental organizations is calling for a "complete overhaul" of the nation's disaster policies, which it says encourage dangerous development and wasteful spending after catastrophes strike. The SmarterSafer coalition urges policymakers in a 21-page report released today to increase pre-disaster spending on mitigation efforts, like raising homes and restoring oyster beds, to tackle climbing losses from floods and other perils exacerbated by climate change....

Tags: deal aid climate disaster

 
 

Insurers Backed Obamacare, Then Undermined It. Now They're Profiting From It

2015-04-21 23:24:10| Beverages - Topix.net

Anyone who still thinks the Affordable Care Act was a "government takeover of health care" should consider this headline from the news pages of last Thursday's Investor's Business Daily : That's from a Wall Street publication whose editorial writers have rarely missed an opportunity to bash the health care reform law. Here are a few other headlines, these from IBD's editorial page, just since the first of this year.

Tags: it backed insurers undermined

 

Real estate agents and insurers give firefighters and police a break

2015-04-11 10:28:19| Real Estate - Topix.net

Mike and Sabrina Bilek saved $11,050 on closing costs for their home in Anaheim Hills. Mike is an Orange County Fire Authority firefighter and a Coast Guard vet.

Tags: real give estate break

 

Health insurers post strong results despite reform law distractions

2015-03-30 03:43:42| Beverages - Topix.net

The nation's largest publicly held health insurers met or exceeded most analysts' expectations in 2014 despite the tumultuous rollout of public health insurance exchanges plus new fees and regulations under federal health care reform law. Collectively, the five largest U.S.-based publicly traded health insurers recorded $345.77 billion in total revenue in 2014, a 10.2% increase from 2013.

Tags: results post health law

 

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