Business Insurance

Login  |  Register Subscribe


RISK MANAGEMENT

GM seeks U.S. court protection against ignition lawsuits

(Reuters) — General Motors Co. filed a motion in a U.S. court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the…


Damages phase of BP Gulf spill trial set for January

(Reuters) — The high-stakes penalty phase of BP P.L.C.'s trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday, and billions of dollars could be on the line.

SPECIALTY RISKS

SEC's information technology at risk of hacking: Report

(Reuters) — The SEC has failed to protect its data network against possible breaches, to encrypt highly sensitive information, or to use strong enough passwords.


3 Supreme Court justices show little support for Aereo TV in copyright fight

(Reuters) — Supreme Court justices appeared skeptical on Tuesday about online TV service Aereo Inc.'s position in a copyright dispute with major broadcasters, but several raised concerns about how a ruling against the startup could affect…

BENEFITS MANAGEMENT

California sees health exchange surge as open enrollment ends for 2014

(Reuters) — Thanks to a final April surge, California's health care exchange marketplace enrolled a total of 1.4 million people in private health insurance plans, state officials announced Thursday.


States that did not expand Medicaid may see higher premiums: Health experts

Some industry experts are warning that states that chose not to expand Medicaid coverage under Obamacare could see higher insurance premiums next year as hospitals continue to shift the costs of uncompensated care to private insurers.

BROKERS & INSURERS

Cyber risks lurk far beyond organizations' own walls: Report

WASHINGTON — Current cyber risk management does not give much consideration to “digital distant perfection” — the aggregation of cyber risks that can lie far beyond an organization's own four walls.


XL opens reinsurance operation in Dubai

XL Group P.L.C. has set up a reinsurance operation in Dubai, United Arab Emirates, XL announced Wednesday.

MID-MARKET EXECUTIVE

Lululemon yoga pants lawsuits in U.S. win final dismissals

(Reuters) — A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc. and various company officials of defrauding shareholders by concealing defects in yoga pants.


Many businesses hurt by Superstorm Sandy were uninsured or couldn't collect

Very few small and midsize businesses affected by Superstorm Sandy have been able to recover some portion of their financial losses through insurance, according to a new report by the Federal Reserve Bank of New York.

WORKERS COMP

Northwestern appeals NLRB ruling classifying football players as employees

Northwestern University on Wednesday filed an appeal asking the full National Labor Relations Board in Washington to overturn a ruling that classified the school's scholarship football players as university employees.


Ohio proposes 6.3% workers comp rate reduction for private-sector employers

The Ohio Bureau of Workers’ Compensation has proposed a 6.3% reduction to base workers compensation insurance rates for private-sector employers beginning July 1.

SPONSOR INSIGHTS

Consumers show a growing appetite for expanding their use of online services and mobile devices but ...

BUSINESS INSURANCE FEATURE

Learn how employers can design and implement a wellness program that achieves strong engagement...
A growing number of companies are moving to cloud computing to take advantage of the economies of...
In this special annual broker supplement to Business Insurance titled, "Winning Ways: The...
 

INSIGHTS & SOLUTIONS

The 2013 directory of U.S. colleges and universities offering formal risk management and/or...
Public entities are going to be increasingly exposed to weather-related hazards, because climate...