Business Insurance

Login  |  Register Subscribe


RISK MANAGEMENT

Heinz to tighten supplier controls in China after infant food scare

(Reuters) — U.S. foodmaker H.J. Heinz Co. said it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food products from Chinese store shelves.


OFF BEAT: Lost loot sack adds insult to troubled casino’s injury

By all accounts, times are tough in the Atlantic City casino business, but it's even tougher when a casino loses a portion of its precious take from the roof of an armored car meant to carry the cash to safety.

SPECIALTY RISKS

OSHA orders Mich. asphalt firm to pay nearly $1M, rehire 3 fired workers

A Michigan asphalt company has been ordered by OSHA to pay almost $1 million in compensation and reinstate three employees who were terminated for raising safety concerns.


Howden offers insurance coverage for mine collapse rescues

Howden Insurance Brokers Ltd., a unit of Hyperion Insurance Group Ltd., has launched a stand-alone insurance product that mitigates the costs of rescue in a mine collapse.

BENEFITS MANAGEMENT

Employers expect modest health plan cost increases in 2015: Survey

Employers are expecting only modest increases in 2015 in their group health care plan costs, but are looking at new approaches to continue to keep costs under control, according to a survey released Wednesday.


Willis partners with sleep health management specialist FusionHealth

Willis North America Inc. has partnered with Atlanta-based sleep health management solutions provider FusionHealth to help firms reduce risks associated with sleep disorders.

BROKERS & INSURERS

Pressures push reinsurance outlook to 'negative': A.M. Best

A.M. Best Co. Inc. has revised its outlook for the reinsurance sector to “negative” from “stable,” citing strains on profitability which could result in ratings pressure for reinsurers.


Allied World names John Bender CEO of global reinsurance

Allied World Assurance Co. Holdings A.G. has named John Bender CEO of its global reinsurance operations, the company said Thursday.

MID-MARKET EXECUTIVE

Firm that only let woman truck drivers train with other women biased: Judge

A federal judge has ruled that a trucking company violated federal law by discriminating against female truck driver applicants when it required they be trained only by other women, said the EEOC.


OFF BEAT: Adjuster who drove her way out of a job winds up with settlement

Even when a loss assessor contributes to losses for the insurer she works for it’s apparently not sufficient grounds in Ireland to fire her.

WORKERS COMP

California comp rating bureau recommends 6.7% rate hike

The Workers' Compensation Insurance Rating Bureau of California is recommending that the California Department of Insurance adopt a 6.7% increase in the state's pure premium workers compensation rate.


DEA reclassifies painkiller tramadol as a controlled substance

The U.S. Drug Enforcement Administration began labeling tramadol, an opioid pain medication, as a Schedule IV controlled substance on Monday, according to a final rule published in the Federal Register.

SPONSOR INSIGHTS

Companies stand to lose dollars and reputational capital when data integration is mishandled....

BUSINESS INSURANCE FEATURE

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

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, ...