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RISK MANAGEMENT

GM legal department comes under fire at Senate hearing

(Reuters) — General Motors' legal department came under fire in a Senate hearing on Thursday, as lawmakers questioned why the automaker took more than 10 years to recall cars with ignition switch flaws.


Harley-Davidson, a U.S. icon, highlights offshoring's perils

(Reuters) — U.S. motorcycle maker Harley-Davidson Inc. came late to the offshoring game.

SPECIALTY RISKS

U.S. official warns of lawsuit as Bank of America mortgage talks stall

(Reuters) — A U.S. Department of Justice official issued a threat to Bank of America Corp., saying that banks under investigation for shoddy mortgage securities must admit to misconduct and pay penalties or face lawsuits.


Google must face class action over kids' in-apps purchases

(Reuters) — Google Inc. must face a class action lawsuit filed by a U.S. woman whose son had bought online video game items without her consent, a federal judge ruled late on Monday as he turned down the company's request to dismiss the action.

BENEFITS MANAGEMENT

S&P 500 company pension deficit drops 50% in 2013

S&P 500 pension plan underfunding was cut in half to $224 billion in fiscal year 2013, down from $452 billion in 2012, said research by S&P Dow Jones Indices.


4th Circuit upholds premium subsidies for state and federal health exchanges

The 4th U.S. Circuit Court of Appeals on Tuesday unanimously upheld the federal government's right to issue premium subsidies for health insurance purchased in both state- and U.S.-operated public exchanges.

BROKERS & INSURERS

Liberty Mutual enters multibillion-dollar reinsurance deal with National Indemnity

Liberty Mutual Insurance Co. has entered into a multibillion-dollar retroactive reinsurance transaction with Berkshire Hathaway Inc.'s National Indemnity Co. to cover asbestos-related and other long-term liabilities.


OFF BEAT: Minutes count when renewing auto insurance

When a Pennsylvania woman phoned Safe Auto Insurance Co. to initiate an auto insurance policy in April, she claimed she hadn’t had an accident in five years — but according to the authorities who charged her last week with insurance…

MID-MARKET EXECUTIVE

Judge wants grocery chain held in contempt for ignoring disability bias decree

A judge has recommended that the Supervalu Inc. supermarket chain be held in contempt of court and sanctioned for violating a court decree entered to resolve an Americans with Disabilities Act lawsuit against the firm.


OSHA cites Omaha feed company for fatal plant collapse

The U.S. Occupational Safety and Health Administration has cited an Omaha, Nebraska-based livestock feed manufacturer for multiple federal safety and health violations following a deadly partial collapse at its processing plant in January.

WORKERS COMP

Colo. high court to hear case of fired quadriplegic who tested positive for pot

The Colorado Supreme Court will hear arguments in September in the case of a former Dish Network L.L.C. employee who says he was wrongfully fired for using medical marijuana.


Florida packing plant's workers accused of workers comp fraud

The vast majority of workers at a Naples, Florida, produce packing plant are accused in a scheme to commit workers compensation fraud, the Florida Department of Financial Services said Tuesday.

SPONSOR INSIGHTS

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

BUSINESS INSURANCE FEATURE

In this special annual broker supplement to Business Insurance titled, "Winning Ways: The...
 

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, ...