Business Insurance Breaking News

Senate nears COBRA premium subsidy extension vote

WASHINGTON—The U.S. Senate voted 63-33 early Friday to end a Republican filibuster on a military spending bill that would extend federal COBRA health insurance premium subsidies for the unemployed, setting the stage for a final vote on the measure later Friday or Saturday.

AIG asks court to dismiss swap-deal case

NEW YORK—American International Group Inc. asked a federal judge to dismiss a case brought against it by a Canadian real estate investment firm concerning a swap deal initiated in 1990.

Auto parts maker seeks PBGC takeover of pension plans

WILMINGTON, Del.—Financially ailing auto parts manufacturer Visteon Corp. has proposed jettisoning underfunded pension plans as part of its plan to emerge from bankruptcy.

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Stories From This Week's Issue

Reforms reshaped to win more votes

WASHINGTON—Health care reform legislation is inching its way to a Senate floor vote as Democratic leaders continue to wheel and deal ...

Greenhouse gas change fuel for lawsuits?

WASHINGTON—The Environmental Protection Agency's finding last week that greenhouse gases threaten public health and welfare could ...

Employers wary of changes in approach, focus at OSHA

WASHINGTON—Employers are concerned about changes at the Occupational Safety and Health Administration, including a shift to more ...

Obama endorses extension of COBRA subsidy

WASHINGTON—President Obama's call last week for extending the COBRA premium subsidy increases the likelihood that Congress will renew ...

CRM faces litigation in N.Y. over workers comp trusts

NEW YORK—The New York State Workers' Compensation Board last week filed a lawsuit against embattled company CRM Holdings Ltd., ...

Allied purchase builds out Aon construction business

JERICHO, N.Y.—Aon Risk Services Inc.'s acquisition of Allied North America will strengthen the Chicago-based brokerage's domestic ...

Workplace IT risks getting personal

More employees are using their own laptop computers at work, a trend that employers should approach with considerable caution, observers ...

Pirate attacks trigger armed guard coverage

Insurers and brokers have begun to offer products that cover or facilitate the use of armed security guards onboard ships to defend against ...

Bonuses OK'd for 'critical' AIG executives

WASHINGTON—American International Group Inc. will be permitted to pay retention bonuses to top executives deemed “particularly ...

Proposals cover range of safety rule changes

The Department of Labor's semiannual regulatory agenda, published Dec. 7 in the Federal Register, lists all regulations that the department ...

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	2009 Women to Watch Business Insurance's 2009 Women to Watch feature is our annual attempt to identify women who are doing outstanding work in commercial insurance, risk management, employee benefits and related fields.

	Health Care Reform Business Insurance follows U.S. health care reform legislative developments as they happen, along with in-depth reports and other resources. Click here.

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	AIG Rescue Global insurance giant American International Group Inc. is battling to recover from financial troubles. Stay tuned to BusinessInsurance.com for complete coverage of developments at AIG. Click here for complete coverage.