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RISK MANAGEMENT

China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan

(Reuters) — The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc. and others, as well as McDonald's products as far away as Japan.


GM recalls 717,950 vehicles in U.S., not for ignition switches

(Reuters) — General Motors Co. on Wednesday announced six recalls covering 717,950 vehicles in the United States for varying reasons, although none were related to ignition switch issues.

SPECIALTY RISKS

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

(Reuters) — Google Inc. must face a class action lawsuit filed by a woman whose son had bought online video game items without her consent, a federal judge ruled late on Monday.


Facebook's Zuckerberg to testify at N.Y. forgery trial: Prosecutors

(Reuters) — The government will call Mark Zuckerberg to testify against an upstate New York man accused of trying to cheat the billionaire founder of Facebook Inc. out of half his stake in the social media company, a federal prosecutor said …

BENEFITS MANAGEMENT

D.C. appeals court strikes down ACA insurance subsidies for federal exchanges

A federal appeals court has ruled the Obama administration cannot subsidize insurance premiums for nearly 7 million Americans, dealing a serious blow to the Patient Protection and Affordable Care Act.


Federal exchange premium subsidies still available while lawsuits proceed

The Obama administration has said it will continue providing premium subsidies for health care plans purchased through federally run public exchanges, pending a final resolution of two lawsuits seeking to limit their availability.

BROKERS & INSURERS

Travelers' profit misses estimates as catastrophe losses rise

(Reuters) — Property/casualty insurer Travelers Cos. Inc.'s quarterly earnings fell short of analysts' estimates as hail- and windstorms in the United States increased catastrophe losses.


Aspen reports strong 2nd quarter earnings in shadow of takeover bid

Aspen Insurance Holdings Ltd. saw second quarter net income more than triple to $130.8 million from $40.1 million in the same period last year on improved underwriting income and substantial investment gains.

MID-MARKET EXECUTIVE

Travelers ordered to pay over $500M in asbestos case

(Reuters) — A federal appeals court on Tuesday said Travelers Cos. should pay more than $500 million to satisfy asbestos-related claims stemming from its coverage of policyholder Johns-Manville Corp.


OSHA cites Omaha feed company for fatal plant collapse

OSHA 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

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.


All Risks offers specialty workers comp class for home healthcare risks

All Risks Ltd.’s workers compensation specialty division has announced a specialty class workers compensation for home healthcare risks.

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, ...