Business Insurance

Login  |  Register Subscribe


RISK MANAGEMENT

PRIMA to train government risk managers on ISO 31000 standard for ERM

The Public Risk Management Association is developing a program aimed at training a group of government risk managers to train others in the public sector on implementing enterprise risk management using the ISO 31000 standard.


Adidas shifts orders from striking China plant

(Reuters) — Sportswear firm Adidas AG is shifting some orders from a factory in south China that has been at the center of one of the country's biggest labor strikes, underlining a rising challenge for firms doing business in China where an …

SPECIALTY RISKS

Arizona community college faces class action over data breach

A proposed class action lawsuit is targeting a community college district in Tempe, Ariz., that allegedly violated several state and federal data protection laws.


Company that fired Marine with PTSD hit with disability lawsuit

The U.S. Equal Employment Opportunity Commission has filed a disability discrimination lawsuit against a pipe fittings manufacturer that allegedly refused to give unpaid leave to a veteran with post-traumatic stress disorder, then fired him as a…

BENEFITS MANAGEMENT

Medicare chief Jonathan Blum leaving Obama administration

The Obama administration's top Medicare official is stepping down from his post.


Aetna quarterly profit beats forecasts as new members surge

(Reuters) — Aetna Inc. on Thursday reported a better-than-expected first quarter, helped by a surge in profits from its commercial business and by adding new customers.

BROKERS & INSURERS

Aspen, Endurance exchange fire in hostile takeover battle

Endurance Specialty Holdings Ltd. responded swiftly Monday morning to a letter from Aspen Insurance Holdings Ltd. to its shareholders on Sunday reiterating the reinsurer's criticism and rejection of Endurance's $3.2 billion hostile takeover offer.


Finnish firm Sampo puts price tag for insurance arm at €12B to €14B: Report

(Reuters) — Finnish investment and insurance company Sampo could sell its property and casualty insurance arm If for about €12billion to €14 billion ($16.6-19.3 billion), Sampo chief executive was quoted as saying on Thursday.

MID-MARKET EXECUTIVE

Furniture store that didn't hire pregnant woman must pay: Court

A midsize office furnishings and architectural store in New York City has agreed to pay $90,000 to settle a pregnancy discrimination lawsuit filed by the EEOC charging it with reneging on an employment to a job applicant who was pregnant.


LifeLock hits back at fired security chief who alleged wrongdoing

LifeLock Inc. has formally denied allegations that it fired its chief information security officer for uncovering serious deficiencies in its data protection services, according to court documents filed this week.

WORKERS COMP

Louisiana workers comp costs higher than in most states: Study

Medical payments for injured workers in Louisiana were higher and growing faster than in most states, with payments per claim increasing more than 7% per year from 2006 to 2011, according to a new study.


Lockton launches workers comp claims analytics program

Lockton Cos. L.L.C. has launched the Lockton Work Comp Claims Outcome Analytics program to help companies manage workers compensation claim costs, the insurance brokerage said Wednesday.

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...