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RISK MANAGEMENT

Restaurant chain Jimmy John's reports data breach at 216 stores

(Reuters) — Sandwich restaurant chain Jimmy John's said there was a potential security breach involving customers' credit and debit card data at 216 of its stores and franchised locations this summer.


OFF BEAT: Love wins in tale of Polish zoo donkeys

A zoo in Poznan, Poland, has given a couple of overly amorous donkeys a reprieve as officials attempted to straddle the stubborn risk management line between delicate human sensibilities and animal rights.

SPECIALTY RISKS

Your medical record is worth more to hackers than your credit card

(Reuters) — Your medical information is worth 10 times more than your credit card number on the black market.


Advanced iOS virus targeting Hong Kong protestors: Security firm

(Reuters) — Cybersecurity researchers have uncovered a computer virus that spies on Apple Inc.'s iOS operating system for the iPhone and iPad, and they believe it is targeting pro-democracy protesters in Hong Kong.

BENEFITS MANAGEMENT

Motorola Solutions enters into third-largest U.S. pension buyout on record

Motorola Solutions Inc. entered into a pension buyout agreement with Prudential Insurance Co. of America and will offer lump-sum payouts to terminated vested employees to reduce $4.2 billion in pension obligations.


U.S. Court in Oklahoma rules against ACA subsidies on federal exchange

Another federal court judge has ruled that the IRS overstepped its authority in 2012 rules authorizing government health insurance premium subsides.

BROKERS & INSURERS

Ex-AIG CEO Benmosche downplays Buffett challenge: Bloomberg TV

(Reuters) — Warren Buffett's Berkshire Hathaway Inc. isn't American International Group Inc.'s biggest competitor, and AIG handles all its rivals in a very effective way, former AIG Chief Executive Robert Benmosche told Bloomberg TV.


Risk Strategies merges with specialty broker DeWitt Stern

Boston-based broker and risk management consultant Risk Strategies Co. Inc. has merged with privately-held, New York-based broker and risk advisor DeWitt Stern Group Inc., the companies said in a statement Wednesday.

MID-MARKET EXECUTIVE

Mid-market companies plan to increase data security spending: Survey

Recent data breaches involving high-profile companies such as Target Corp. and Home Depot Inc. are having an effect on how much middle-market companies spend on data security.


Mid-market consultant Benefits Resource joins Digital Benefits Advisors

Atlanta-based Digital Benefits Advisors on Wednesday said it has added Benefits Resource L.L.C., an Aliso Viejo, California-based consultant, to its nationwide network of employee benefits-only service providers.

WORKERS COMP

Illinois workers comp medical fee rates to increase 1.7% in 2015

Illinois workers compensation medical fee schedule rates are set to increase 1.7% next year, the Illinois Workers Compensation Commission said.


National Council proposes workers comp rate hike for Hawaii in 2015

The National Council on Compensation Insurance Inc. has proposed a 3.2% rate increase in Hawaii workers compensation advisory rates for 2015.

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INSIGHTS & SOLUTIONS

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