Business Insurance

Login  |  Register Subscribe


RISK MANAGEMENT

Restaurant chain Jimmy John's reports data breach at 216 stores

(Reuters) — Sandwich restaurant chain Jimmy John's said there was a potential security breach involving customers' credit and debit card data at 216 of its stores and franchised locations this summer.


OFF BEAT: State Farm not immune to criticism over celebrity pitchman

Bagging a celebrity for an advertising campaign carries with it potential reward but also the risk of reputational damage, as U.S. insurer State Farm Mutual Automobile Insurance Co. recently learned.

SPECIALTY RISKS

Your medical record is worth more to hackers than your credit card

(Reuters) — Your medical information is worth 10 times more than your credit card number on the black market.


Court tosses EEOC suit over equal attorney pay at Port Authority

The Equal Employment Opportunity Commission claimed that male and female attorneys working at the Port Authority of New York and New Jersey were paid unequally, but failed to analyze their different job duties, says an appeals court, in upholding …

BENEFITS MANAGEMENT

Motorola Solutions enters into third-largest U.S. pension buyout on record

Motorola Solutions Inc. entered into a pension buyout agreement with Prudential Insurance Co. of America and will offer lump-sum payouts to terminated vested employees to reduce $4.2 billion in pension obligations.


Motorola wraps up pension buyout at light speed

Motorola Solutions Inc.'s pension buyout, the third largest in U.S. history, was the fastest by a mile, taking less than six months from start to finish.

BROKERS & INSURERS

Ex-AIG CEO Benmosche downplays Buffett challenge: Bloomberg TV

(Reuters) — Warren Buffett's Berkshire Hathaway Inc. isn't American International Group Inc.'s biggest competitor, and AIG handles all its rivals in a very effective way, former AIG Chief Executive Robert Benmosche told Bloomberg TV.


Andy Weitz joins Aon as marketing executive

Andy Weitz will assume the new position of senior vice president of global marketing and communications of Aon P.L.C. effective Wednesday, Aon announced Tuesday.

MID-MARKET EXECUTIVE

Mid-market companies plan to increase data security spending: Survey

Recent data breaches involving high-profile companies such as Target Corp. and Home Depot Inc. are having an effect on how much middle-market companies spend on data security.


Mid-market consultant Benefits Resource joins Digital Benefits Advisors

Atlanta-based Digital Benefits Advisors on Wednesday said it has added Benefits Resource L.L.C., an Aliso Viejo, California-based consultant, to its nationwide network of employee benefits-only service providers.

WORKERS COMP

Illinois workers comp medical fee rates to increase 1.7% in 2015

Illinois workers compensation medical fee schedule rates are set to increase 1.7% next year, the Illinois Workers Compensation Commission said.


Illinois workers not required to give notice before seeking treatment: Court

Courts rule that Illinois employers can't require workers to provide notice prior to seeking medical treatment for workplace injuries.

SPONSOR INSIGHTS

As the health care landscape becomes more complicated, risk management continues to evolve. Join...
Captive owners are increasingly considering how to diversify their captive programs’ risk...

BUSINESS INSURANCE FEATURE

Register today and plan to attend Business Insurance's 5th annual Workers Comp & Safety...
 

INSIGHTS & SOLUTIONS

Excess and surplus lines directory and editorial review. Lists 31 companies that write insurance on ...
This editorial directory and review lists the surplus gross written premiums written in each of the ...
Three directThree directories in one, 41 pages of editorial content, rankings and listings. This...
Insurance wholesaler directory and editorial review. The directory includes the listings of 35...