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Subscriber only, premium content. Tuesday, May 3


Most Emailed News

Liberty Mutual looks to unbundle insurance, claims

Published April 28, 2016 CST

The nation's third-largest workers comp insurer is considering a strategy that could potentially lower claims handling costs.

Firm ordered to pay for shorting workers as new overtime rules anticipated

Published April 26, 2016 CST

The Labor Department has ordered a human resources outsource provider to pay $1 million in back wages to workers.

Helping employees repay college costs boosts Cigna results

Published April 25, 2016 CST

Cigna Corp. says helping employees pay their college tuition can significantly boost a company's bottom line.

IRS sets 2017 HSA contribution limits

Published April 28, 2016 CST

The maximum contributions that can be made to health savings accounts in 2017 will increase $50 for individuals, but remain unchanged for families.

Cyber cover plentiful but takeup still low

Published April 27, 2016 CST

Cyber insurance is readily available for many insurance buyers, but only one-quarter of businesses purchase the coverage, according to a CIAB survey.

Nissan adds 3.5 million vehicles to recall over air bag flaw

Published April 29, 2016 CST

Nissan Motor Co. said it will recall 3.53 million vehicles, most in the United States, citing passenger-side air bags that may not work properly.

Express Scripts CEO open to drug pricing talks with Anthem — within reason

Published April 26, 2016 CST

Still, the company's top executive said he is “confident” in Express Scripts' $15 billion lawsuit against insurer Anthem.

Lawsuit claims workers comp insurers hacked into injured workers' files

Published April 25, 2016 CST

A California worker alleges Berkshire Hathaway and others hired private investigators to access workers comp claim information.

Value of wellness programs extends far beyond profit

Published April 24, 2016 CST

Talk of wellness programs is all the rage, but a lack of understanding by employers and employees can undermine even the best of them. Arthur Hall, senior vice president and employee benefits practice leader at USI Insurance Services L.L.C., writes about how wellness programs can affect health care costs.

Directors and officers pricing slides 9.2%

Published April 29, 2016 CST

Overall pricing for directors and officers insurance among publicly traded U.S. companies dropped 9.2% during the first quarter of this year, Aon Risk Solutions said Friday.

Ex-QBE executive gets 1-1/2 years in U.S. prison for embezzlement

Published April 01, 2016 CST

James Shea bought a house and luxury vehicles after conspiring to embezzle $2.6 million, authorities said.

Rulings issued in two high profile workers comp cases

Published April 28, 2016 CST

Florida's high court struck down workers comp attorney fee schedules, but declined to review the constitutionality of the state's comp system.

UPS claims proposed Central States benefit reductions illegal

Published April 29, 2016 CST

United Parcel Service Inc., Atlanta, argued in an earnings presentation Thursday that the benefit reduction application by the Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Illinois, is not legal.

AIG-driven venture targets small to medium enterprise market

Published April 26, 2016 CST

AIG, Hamilton Insurance Group and affiliates of Two Sigma Investments will provide insurance for small to mid-sized companies.

Company lost $100 million to email fraud

Published April 15, 2016 CST

A fake email address was used to pose as a legitimate vendor, U.S. authorities said.

OSHA electronic injury reporting rule clears final hurdle

Published May 02, 2016 CST

The White House has signed off on a controversial rule that would expand electronic recordkeeping requirements for workplace injuries.

Millennials continue dive into insurance industry

Published April 24, 2016 CST

A new generation of future risk management professionals received a behind-the-scenes look at the business side of SeaWorld San Diego.

Labor Department rolls out new Family and Medical Leave Act guide

Published April 27, 2016 CST

The Department of Labor's wage-and-hour division has issued a new guide to the Family Medical Leave Act.

Anthem looks to Cigna acquisition, exchange business, drug pricing litigation

Published April 27, 2016 CST

Anthem Inc. said its net income plummeted 18.7% in the first quarter, as investment losses squeezed its bottom line despite gains in membership.

Express Scripts plans fiercer fight against sudden drug price hikes

Published April 29, 2016 CST

The pharmacy benefit manager plans to introduce several benefit programs aimed at fighting high drug costs, its chief medical officer said.

Pfizer to pay millions to resolve Wyeth false claims lawsuit

Published April 27, 2016 CST

(Reuters) - Pfizer Inc. has agreed to pay $784.6 million to resolve allegations that Wyeth, which it acquired in 2009, underpaid drug rebates.

Health insurer execs reap massive rewards in deal-heavy 2015

Published April 26, 2016 CST

UnitedHealth Group Inc. CEO Stephen Hemsley earned $14.5 million in 2015, according to a filing Friday, but he wasn't the top-earning health insurance executive.

Employers can take steps to improve employee cancer treatment

Published April 28, 2016 CST

The New York-based Northeast Business Group on Health this week released a report that aims to help employers navigate the costly realm of employee cancer care, while also ensuring employees with a cancer diagnosis receive quality care.

Partnership to provide insurance cover for drone operators

Published April 29, 2016 CST

Willis Programs, a unit of Willis Towers Watson P.L.C., and the Association for Unmanned Vehicle Systems International have partnered to develop DroneGuard, an insurance program for the association's members.

Data analytics firm sells health care services unit

Published April 26, 2016 CST

Data analytics provider Verisk Analytics Inc., Jersey City, New Jersey, on Tuesday disclosed that private equity firm Veritas Capital Fund Management L.L.C. is purchasing its health care services business.