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Current Issue

Subscriber only, premium content. Tuesday, May 24


Most Emailed News

Noncompete agreements a tricky target for Obama administration

Published May 16, 2016 CST

Though action's unlikely, White House plans to examine their uses and consequences, particularly for employees bound by them.

Employers increasingly buy into workplace well-being

Published May 19, 2016 CST

Sixty-four percent of U.S. employers plan to build a workplace culture that promotes employee well-being by 2018, according to a Willis Towers Watson study.

Insurers dive into ACA's exchanges as big names exit

Published May 17, 2016 CST

UnitedHealth Group Inc. and Humana Inc. are bailing on multiple exchanges that sell individual health insurance. But other companies are willingly, and quietly, taking their place.

XL Catlin leads insurance coverage for downed EgyptAir flight

Published May 19, 2016 CST

Marsh is the broker for the airliner carrying 66 passengers that crashed in the Mediterranean Sea.

Aspen revamps leadership; Vitale retires

Published May 18, 2016 CST

CEO Mario Vitale and Robert Rheel, president of Aspen U.S., are leaving. Stephen Postlewhite takes over the top spot.

Blue Cross insurer sues U.S. for funds owed under health care law

Published May 18, 2016 CST

Highmark and its subsidiaries say the federal government failed to pay funds for public health insurance exchange safety net programs.

(subscription required)Overtime rules raise prospect of more suits

Published May 22, 2016 CST

A new Department of Labor rule that doubles the salary threshold at which white collar workers are entitled to overtime pay looks to increase wage-and-hour litigation against employers.

EEOC issues final rules on voluntary workplace wellness programs

Published May 16, 2016 CST

The rules allow employers to offer limited incentives for employees and spouses who provide health information for wellness programs.

Golfer Mickelson not charged in insider trading, to pay back $1 million

Published May 19, 2016 CST

Regulators say Phil Mickelson “made money that wasn't his to make” when he bought shares of Dean Foods in 2012.

Gallagher acquires specialty health care industry broker

Published May 20, 2016 CST

Arthur J. Gallagher & Co. has acquired McNeary Inc., a Charlotte, North Carolina-based insurance broker.

State high court says comp attorney fee schedule unconstitutional

Published May 20, 2016 CST

The Utah Supreme Court has invalidated the state's attorney fee schedule just three weeks after Florida's attorney fee provision was deemed unconstitutional by that state's Supreme Court.

OSHA rule discourages blanket post-injury drug tests

Published May 12, 2016 CST

A new electronic recordkeeping rule prohibits employers from using drug testing to threaten ill or injured workers.

Cyber security biggest risk to financial system: SEC chief

Published May 18, 2016 CST

(Reuters) — Cyber security is the biggest risk facing the financial system, the chair of the U.S. Securities and Exchange Commission said on Tuesday, in one of the frankest assessments yet of the threat to Wall Street from digital attacks.

Kumamoto quake payouts hit $1 billion, second-largest on record: Association

Published May 20, 2016 CST

The General Insurance Association of Japan said that insurance payouts for the recent earthquakes in the nation's Kumamoto Prefecture has totaled 123.4 billion Japanese yen ($1 billion) so far, reported The Japan Times.

LinkedIn to wipe out passwords for 100 million hacked accounts

Published May 18, 2016 CST

It looks like a 2012 data theft affected far more users of the professional networking site than originally thought.

Not all workplace injuries created equal

Published May 17, 2016 CST

Inflammation causes employees to be away from work longer than other common workplace injuries, according to a Travelers report.

AIG general counsel to step down

Published May 17, 2016 CST

Tom Russo will retire as general counsel of American International Group Inc., according to an internal memo sent to AIG employees.

Benefit experts welcome clarity of EEOC wellness rules

Published May 17, 2016 CST

New rules end years of uncertainty on the incentives employers can offer for participation in group wellness programs.

Ryan Specialty moves E&O program to Lloyd's from Aspen

Published May 18, 2016 CST

Ryan Specialty Group L.L.C.'s ThinkRisk Underwriting Agency said Wednesday that it will transition its converging risk program from Aspen U.S. Insurance to Lloyd's of London.

Behind-the-scenes squabbles between Anthem, Cigna

Published May 23, 2016 CST

Squabbles have apparently flared up behind the scenes in the proposed $53 billion merger of health insurance giants Anthem Inc. and Cigna Corp.

U.S. probes contracts between drugmakers, pharmacy benefit managers

Published May 11, 2016 CST

(Reuters) — The U.S. Attorney's Office for the Southern District of New York is investigating contracts between drugmakers and companies that manage prescription benefits, according to regulatory filings.

Brokerage acquires benefits consulting specialist

Published May 17, 2016 CST

Brokerage The Plexus Groupe L.L.C. on Tuesday said it has acquired Oklahoma City-based Caba Inc.

Travelers unit not liable for Fendi counterfeiter's legal payouts

Published May 17, 2016 CST

The insurer is off the hook for a $34.7 million judgment awarded to the retailer over fake purses and wallets.

More football concussion lawsuits filed against NCAA

Published May 18, 2016 CST

Six concussion claims have been filed in federal courts against the NCAA and several Division I universities and athletic conferences.

SEC to make third-largest whistleblower award

Published May 18, 2016 CST

The U.S. Securities and Exchange Commission plans to award between $5 million and $6 million to a former company insider whose detailed tip led the agency to uncover securities violations it said would have been “nearly impossible” to detect otherwise.