Latest Public Entities Headlines

All the headlines from our Public Entities Topic Page, ordered by recency.

Guy Carpenter Launches Public Sector Specialty Practice

Apr 20 2015 // Guy Carpenter has announced the launch of its Public Sector Specialty Practice, utilizing a global team focused exclusively on the unique risk management needs of governmental agencies and entities.“Approximately 73...

10 Things to Know About Cyber Risks in Public Entities

Apr 20 2015 // The per capita cost of a data breach to the public sector is $172 per record, according to the “2014 Cost of Data Breach Study: United States” — Ponemon Institute Public sector companies have the highest...

Caution: Pulling Plug on Traffic Cameras Leaves Municipalities in the Red

Dec 30 2014 // Municipalities that installed traffic cameras to boost revenue are scraping for cash to fill budget gaps after complaints by irate drivers forced them to cancel their use.Nassau County on Long Island ended its program...

Farmers Withdraws Climate Change Suit Against Municipalities

Jun 4 2014 // Farmers Insurance Group, which filed nine class actions in May against nearly 200 communities in the Chicago area, is withdrawing its lawsuit.The suit accused the Illinois municipalities of failing to prepare for severe...

Great American Launches Bitcoin Coverage for Commercial, Governmental Entities

Jun 3 2014 // Great American Insurance Group’s Fidelity/Crime Division has launched commercial coverage for bitcoins, a virtual online peer-to-peer medium of exchange.Bitcoins are used as a method of exchange by which transactions...

10 Things to Know About Public Entities

Apr 21 2014 // There are 3,141 counties and county equivalents in the 50 U.S. states and the District of Columbia. (USGS CoreFacts, U.S. Geological Survey) Counties build and maintain 45 percent of the public roads and 230,690 of the...

Selective Sells Renewals on Self-Insured Public Entity Book to Great American

Apr 4 2014 // Great American Insurance Group has completed a renewal rights agreement with Selective Insurance Co. of America to acquire Selective’s Self-Insured Group book of business.The business, amounting to $38 million in...

German Public Sector Insurers Unlikely to Merge: Fitch

Jan 14 2014 // German public-sector insurers, which include Versicherungskammer Bayern and Provinzial Nordwest Holding AG, are unlikely to merge, Fitch Ratings said.“There is no requirement for such a high number of public- sector...

West Virginia Municipalities Eye Lien on Insurance Payments to Combat Blight

Sep 10 2013 // Municipalities in West Virginia are asking lawmakers for help in their battle against blight.A resolution endorsed by the West Virginia Municipal League earlier this year at its annual conference seeks an amendment to the...

Euclid Managers Appoints Golonka as Senior VP, Public Entity

Jul 22 2013 // Euclid Managers, an underwriting manager and program administrator based in Itasca, Ill., announced the appointment of Chris Golonka as senior vice president and manager of its public entity division.Golonka was previously...

Travelers Adds Special Expense Coverage to Public Entity Policies

Jun 3 2013 // Travelers has enhanced its public entity management liability (PEML) policy that provides limited special expenses coverage reimbursement related to the replacement of key employees in the event of a death or medically...

Trident, McGowan Cos. to Offer Public Entity Coverage in Pennsylvania

May 22 2013 // Trident Insurance Services, LLC, a member of Argo Group International Holdings, Ltd., has formed an exclusive business relationship with The McGowan Cos. to offer access to its public entity insurance program in...

Texas AG: Same-Sex Marriage Benefits Unconstitutional for Public Entities

Apr 30 2013 // Local governments and school districts that offer marriage benefits to same-sex partners are violating the state constitution, Texas Attorney General Greg Abbott stated in an opinion on April 29.The cities of Austin, El...

Firefighters Insurance Is Taxing Municipalities in Pennsylvania

Apr 15 2013 // Firefighters have a dangerous job.They run into burning buildings in the midst of panic and chaos, wade through thick smoke in search of life and keep precious mementos from turning to ash. That’s why most people...

Markel Names Falvey Director of Public Entity Product Line For West

Mar 12 2013 // Brendan Falvey was named director of the public entity product line for the Markel Corp.’s West Region.Falvey is responsible for managing existing West Coast public entity client and broker relationships and...

How Benefit Professionals Can Help Small Public Entities Save When Complying With GASB 45

Mar 11 2013 // The sluggish economy has left many struggling in recent years – individuals, families, small businesses, large corporations, states, and even entire countries. One group that’s been particularly hard hit –...

The Hartford Offers Programs for Municipalities, Public Entity Risk Pools

Mar 4 2013 // The Hartford has expanded its commercial property practice to offer insurance programs for the public entity sector, with a particular emphasis on public entity risk pools, as cities and counties seek ways to manage...

Florida’s Citizens’ Gilway: Private vs. Public Sector Management

Sep 24 2012 // Barry Gilway is president of Florida’s state-run property insurer, Citizens Property Insurance Corp. He is the first head of Citizens who comes solely from the private sector. In the following excerpts from a recent...

Q&A with Florida’s Citizens CEO Gilway: Leading in the Public Sector

Sep 13 2012 // Two months ago when Barry Gilway took over as president of Florida’s state-run property insurer, Citizens Property Insurance Corp., he quickly learned there would be no honeymoon period. He was thrust into debates...

Great American Opens Public Sector Alternative Risk Division

Jul 25 2012 // Great American Insurance Group has launched its Public Sector Alternative Risk Division. This Division will offer coverages in the reinsurance and excess insurance markets for pools, trusts, joint powers authorities...