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News

Insurance Business
insurancebusinessmag.com > us > news > benefits > one-in-three-employer-compensation-dollars-now-goes-to-benefits-589332.aspx

One in three employer compensation dollars now goes to benefits

4+ day, 1+ hour ago   (295+ words) Benefits now account for exactly 30 percent of what private-sector employers pay per hour worked - $14.07 of a $46.89 total, according to the Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) report for June. Wages made up the remaining 70 percent, at…...

Insurance Business
insurancebusinessmag.com > uk > news > marine > iumi-warns-of-hidden-cargo-insurance-costs-589085.aspx

IUMI warns of hidden cargo insurance costs

5+ day, 3+ hour ago   (394+ words) The International Union of Marine Insurance (IUMI) has published new guidance highlighting an often-overlooked risk for marine cargo insurers - non-compliant wood packaging material, the pallets, crates and dunnage used to ship goods internationally, and the disruption that follows when regulators…...

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insurancebusinessmag.com > asia > news > marine > freights-green-switch-is-creating-a-claims-gap-for-brokers-587302.aspx

Freight's green switch is creating a claims gap for brokers

2+ week, 6+ day ago   (770+ words) Electric lorries that cost more to repair than to insure, cargo ships with no agreed fuel strategy, and a maritime sector operating under guidelines formalised only months ago: a Reuters Events and AXA XL report sets out the insurance risks…...