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RISK MANAGEMENT

U.S. group overhauls China business in meat safety scandal

(Reuters) — A leading U.S. meat supplier said on Monday that a Chinese unit at the center of a food safety scandal had issues that were “absolutely inconsistent” with the group's high standards.


Total cost of risk for companies rises in 2013: RIMS survey

The average total cost of risk for companies rose for third straight year in 2013, analysis released Monday by the Risk & Insurance Management Society Inc. and Advisen Ltd. finds.

SPECIALTY RISKS

EEOC sues employer for demanding health care details for worker absences

The EEOC has filed suit against a construction equipment supplier, charging that it violated the Americans with Disabilities Act by improperly demanding disability-related information from its workers.


Allied World North America offers architects and engineers liability insurance

Allied World North America, a unit of Allied World Assurance Co. Holdings A.G., has launched architects and engineers professional liability insurance coverage for the U.S. market.

BENEFITS MANAGEMENT

IRS releases draft of employer reporting form for health reform law compliance

The Internal Revenue Service has issued draft versions of the reporting forms most employers will begin using next year to show that their group health insurance plans comply with the health care reform law.


PBGC takes over pension plan sponsored by estate of Victor Posner

The Pension Benefit Guaranty Corp. is taking over and terminating the underfunded pension plan sponsored by the estate of one-time businessman and corporate raider Victor Posner.

BROKERS & INSURERS

Aon second-quarter revenue flat at $2.92 billion

Aon P.L.C. on Friday reported revenue of $2.92 billion for the second quarter of 2014, an increase of less than 1% over the same period a year earlier.


Both PartnerRe, Montpelier Re post improved second quarters over 2013

Two Bermuda-based reinsurers bounced back from 2013's second-quarter losses with profits as they reported second-quarter 2014 results on Monday.

MID-MARKET EXECUTIVE

Florida packing plant's workers accused of workers comp fraud

The vast majority of workers at a Naples, Florida, produce packing plant are accused in a scheme to commit workers compensation fraud, the Florida Department of Financial Services said Tuesday.


OSHA cites Omaha feed company for fatal plant collapse

OSHA has cited an Omaha, Nebraska-based livestock feed manufacturer for multiple federal safety and health violations following a deadly partial collapse at its processing plant in January.

WORKERS COMP

RPM reaches $797.5M deal to resolve Bondex asbestos claims

(Reuters) — RPM International Inc. announced a $797.5 million deal to resolve asbestos claims against its Bondex International Inc. unit, which filed for protection from creditors in 2010 after mounting personal injury lawsuits.


IronHealth offers Medicare set-aside liability policy

IronHealth is offering a Medicare set-aside liability policy for self-insured employers and workers compensation insurers that choose not to seek approval from the U.S. Centers for Medicare & Medicaid Services for workers compensation Medicare…

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BUSINESS INSURANCE FEATURE

In this special annual broker supplement to Business Insurance titled, "Winning Ways: The...
 

INSIGHTS & SOLUTIONS

The Premium Edition of the 2014 Directory of Agents and Brokers provides detailed information about ...
Editorial directory including the special report of claims management trends published in the March ...
This double directory (premium edition) includes detailed information on 70 domiciles worldwide...
The directory includes the listings of 24 companies that provide loss-control services on a direct, ...