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RISK MANAGEMENT

Insurance sector falls short on addressing climate change: Report

The insurance industry has shown a “profound lack of preparedness” in addressing climate-related risk and opportunities, says a report on a survey conducted by an advocacy group.


This week's Top 10 features on BusinessInsurance.com

Find out which of this week's features on BusinessInsurance.com were the most popular.

SPECIALTY RISKS

Dialysis firm to pay $350M to settle physician kickback charges

A national dialysis services provider has agreed to pay $350 million to settle a whistleblower lawsuit involving charges that it violated the False Claims Act by paying kickbacks to induce physicians to refer patients to its clinics.


Northrop must face whistleblower anti-missile lawsuit

(Reuters) — A Chicago federal judge on Thursday rejected Northrop Grumman Corp.’s bid to dismiss a lawsuit by a former employee who accused the defense contractor of defrauding the U.S. government in performing a contract to develop a …

BENEFITS MANAGEMENT

McConnell's claims on Kentucky exchange, Obamacare baffle experts

Senate Minority Leader Mitch McConnell, R-Ky., has made a habit of saying that repealing the ACA would not necessarily mean shutting down Kentucky's popular insurance exchange.


Senators want rules on corporate pension de-risking

The chairmen of two Senate committees are asking the heads of several federal agencies to develop guidance on one of the hottest defined benefit pension plan trends: employer moves to “de-risk” the plans.

BROKERS & INSURERS

Willis, Miller in talks to join forces in new Lloyd's brokerage

Willis Group Holdings P.L.C. and Miller Insurance Services L.L.P. are in talks to create a London wholesale specialist broking firm which would combine the companies' wholesale businesses under the Miller brand as a stand-alone entity and…


Chubb sees profit of $594M in third quarter

Chubb Corp. reported 2014 third-quarter net income of $594 million, a 9.8% increase from the same period last year, the insurer said Thursday.

MID-MARKET EXECUTIVE

HHS form for health reform law reinsurance fee to be available Friday

A long-awaited form employers will use to provide the HHS with information regulators will need to calculate the amount of a “reinsurance” fee mandated by the health care reform law will be available online starting Friday.


Product helps small and midsize firms measure cyber attack readiness

Information technology solutions provider eManagement Inc. has developed a new tool to help small and midsize businesses measure their readiness to respond to and recover from cyber security attacks.

WORKERS COMP

Humana looks to sell urgent care subsidiary Concentra: Sources

(Reuters) — Health insurer Humana Inc. is exploring a sale of its urgent care subsidiary Concentra in a deal that could value it at around $1 billion, according to three people familiar with the matter.


California workers comp reform moderates office visit costs despite rising fees

California medical office visit fees have increased significantly after the state passed a workers comp reform bill in 2012, but changes in how medical providers are reimbursed for some billings may help moderate increases in total payments,…

SPONSOR INSIGHTS

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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...