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RISK MANAGEMENT

Chicago NATO Summit could mean trouble for local businesses

CHICAGO—As they prepare for the risks associated with next week's NATO Summit in Chicago, a common theme of property owners, risk management experts and others working with downtown Chicago businesses is that the necessary preparation…


ERM for financial institutions topic of webinar

Enterprise risk management has become an important tool in helping financial institutions analyze and handle risks that hurt many banks and investment firms before and during the financial crisis, experts say.


This week's Top 10 features on BusinessInsurance.com

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


With NATO in town, Chicago hospitals brace for bioterrorism

CHICAGO—While many downtown office workers worry about commuting headaches during the NATO summit, two Chicago hospital systems are prepared for far worse possibilities.

SPECIALTY RISKS

Skechers reaches $50M settlement over toning shoe advertising claims

MANHATTAN BEACH, Calif.—Skechers USA Inc. said Wednesday it has reached a $50 million settlement of all domestic legal proceedings relating to advertising claims it made in connection with its rocker-bottom toning shoe products.


OFCCP regulations can be cumbersome, expensive for employers

WASHINGTON—Federal contractors, already dealing with cumbersome and expensive regulations and procedures from the U.S. Department of Labor's Office of Federal Contract Compliance Programs, face prospects of additional regulatory action, say …


New OFCCP regulations will focus on veterans, disabled

WASHINGTON—Federal contractors and subcontractors should prepare themselves for additional regulations from the Department of Labor's Office of Federal Contract Compliance Programs with respect to veterans and the disabled, observers say.


Safeway to indemnify directors, officers against all litigation losses

PLEASANTON, Calif.—Safeway Inc. will indemnify its directors and officers against all expenses, settlements and other losses incurred in litigation, the supermarket chain said in a U.S. Securities and Exchange Commission filing Tuesday.

BENEFITS MANAGEMENT

Study predicts 42% of Americans will be obese by 2030

Efforts to reign in health care costs in the United States would be significantly undermined if the population of obese Americans rises by more than one-third in the next 20 years, as predicted in a study by the American Journal of Preventive…


Health care reform law rejection would raise tax, benefit issues

WASHINGTON—Should the U.S. Supreme Court strike down the entire health care reform law, experts say that would result in mass confusion for employers involving key benefit and tax issues.


UP CLOSE: Nicole Bogard


COMMENTARY: Benefit Manager of the Year® award showcases wellness

See how investing in people pays off

INSIGHTS & SOLUTIONS

Market Insights 2012: Captive Managers is a valuable resource for captive buyers and captive...
Opioid use and misuse by workers is a major concern for employers. An increasing number of workers...

BROKERS & INSURERS

New Business Insurance newsletter explains how insurers use technology

While the insurance industry is widely perceived as lagging compared with other financial services when it comes to adopting new technologies, that perception belies some innovative uses of leading-edge technologies throughout the insurance…


Business Insurance Women to Watch nominations open

Business Insurance has opened nominations for the 2012 Women to Watch, a program created by the magazine to recognize the most influential and inspiring women in commercial insurance, reinsurance, risk management, employee benefits and related…


More lawyers leave Dewey & LeBoeuf for rival firms

WASHINGTON—Prominent insurance attorney Charles Landgraf has joined Arnold & Porter L.L.P., the most recent in a series of high-profile insurance attorneys to exit financially ailing Dewey & LeBoeuf L.L.P.


Growth is property/casualty insurers' key concern

Maintaining and growing business is the most critical issue facing property/casualty insurance companies, according to survey of senior executives by Princeton, N.J.-based Munich Reinsurance America Inc.

MID-MARKET EXECUTIVE

Midwest sees heavier, more frequent extreme storms: Study

A new study suggests that the number of extreme rain storms—those producing three inches or more of rain per day—have more than doubled in the Midwest over the past half century, often resulting in worsened flooding.


EAP can train managers, staff to spot problems early

While prevention strategies are vital to managing the risk of workplace violence, mid-market organizations also must prepare for the long-term impact on workforce mental health and productivity if an incident should occur.


EAP emergency response specialist key after workplace violence

After workplace violence occurs, critical-incident response specialists provided by employee assistance programs can provide a safe, directed environment for employees to:


Managing workplace violence requires crisis communication

The degree to which a mid-market company effectively manages internal and external communications may greatly affect its ability to recover physically and financially from a violent incident in the workplace, several security and risk management…

WORKERS COMP

Missouri lawmakers pass bill that would prevent injured workers from suing colleagues

JEFFERSON CITY, Mo.—Missouri legislators have passed a workers compensation bill that aims to prevent injured workers from suing their co-workers over workplace accidents.


Broadspire CEO Danielle Lisenbey discusses firm's future moves

In March, third-party administrator Broadspire Services Inc. announced that Danielle Lisenbey had been promoted to CEO. She succeeded Kenneth F. Martino Jr. after his departure.


Opioid death liability falling on employers

Several state appellate courts have held that employers and insurers are financially accountable for overdose deaths tied to opioid pain medications prescribed for injured workers, raising concerns that more such rulings could follow.


State court rulings require workers comp payments

While some state appellate courts recently have held that workers compensation payers are accountable for worker deaths from prescription drug overdoses, cases with similar legal considerations reach back decades.

 

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