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RISK MANAGEMENT

Heinz to tighten supplier controls in China after infant food scare

(Reuters) — U.S. foodmaker H.J. Heinz Co. said it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food products from Chinese store shelves.


OFF BEAT: Lost loot sack adds insult to troubled casino’s injury

By all accounts, times are tough in the Atlantic City casino business, but it's even tougher when a casino loses a portion of its precious take from the roof of an armored car meant to carry the cash to safety.

SPECIALTY RISKS

Fired cop's award overturned because ADHD not severe, says court

A terminated police officer who was diagnosed with attention deficit hyperactivity disorder was not sufficiently impaired to be protected by the Americans with Disabilities Act, said an appeals court.


Howden offers insurance coverage for mine collapse rescues

Howden Insurance Brokers Ltd., a unit of Hyperion Insurance Group Ltd., has launched a stand-alone insurance product that mitigates the costs of rescue in a mine collapse.

BENEFITS MANAGEMENT

Pension law, regulation pioneer Robert Nagle dead at 84

Robert Nagle, a long-time pension policymaker and regulator, died Saturday at his home in McLean, Virginia. Mr. Nagle, 84, had been battling cancer.


California governor decries Calpers vote on pensions

(Reuters) — California Gov. Jerry Brown decried a move by the state's giant public pension fund on Wednesday to include temporary pay hikes in the way pensions are calculated for newly hired workers.

BROKERS & INSURERS

USI acquiring seven retail brokerages from Willis

USI Insurance Services L.L.C. will acquire seven retail brokerage offices from certain subsidiaries of Willis North America Inc., part of Willis Group Holdings P.L.C., Valhalla, New York-based USI announced Monday.


Allied World names John Bender CEO of global reinsurance

Allied World Assurance Co. Holdings A.G. has named John Bender CEO of its global reinsurance operations, the company said Thursday.

MID-MARKET EXECUTIVE

Firm that only let woman truck drivers train with other women biased: Judge

A federal judge has ruled that a trucking company violated federal law by discriminating against female truck driver applicants when it required they be trained only by other women, said the EEOC.


OFF BEAT: Adjuster who drove her way out of a job winds up with settlement

Even when a loss assessor contributes to losses for the insurer she works for it’s apparently not sufficient grounds in Ireland to fire her.

WORKERS COMP

DEA reclassifies painkiller tramadol as a controlled substance

The U.S. Drug Enforcement Administration began labeling tramadol, an opioid pain medication, as a Schedule IV controlled substance on Monday, according to a final rule published in the Federal Register.


California comp rating bureau recommends 6.7% rate hike

The Workers' Compensation Insurance Rating Bureau of California is recommending that the California Department of Insurance adopt a 6.7% increase in the state's pure premium workers compensation rate.

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