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Subscriber only, premium content. Thursday, August 27


Most Emailed News

Health plan premium costs rising for most employers

Published August 21, 2015 CST

The vast majority of employers are reporting increases in the premiums they currently pay for employee health plans, according to a new survey by Arthur J. Gallagher & Co.

Lloyd's anticipates challenges of drone coverage

Published August 20, 2015 CST

Risks developing from the growing drone industry are the focus of a report released Thursday by Lloyd's of London.

Wellness program measurements evolve

Published August 20, 2015 CST

A recent Business Insurance webinar explored possible strategies for effectively measuring total value of investments in wellness programs.

FTC has authority to police cyber security, court says

Published August 24, 2015 CST

(Reuters) — A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cyber security, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp. of failing to properly safeguard consumers' information.

Ten automakers sued over keyless ignitions

Published August 26, 2015 CST

(Reuters) — Ten of the world's biggest automakers were sued on Wednesday by consumers who claim they concealed the risks of carbon monoxide poisoning in more than 5 million vehicles equipped with keyless ignitions, leading to 13 deaths.

Cigna cleared of stealing firm's points-based wellness plan

Published August 25, 2015 CST

An Illinois appeals court says Cigna Corp. did not steal its concept for a points-based workplace wellness program from a competing health insurer.

Zurich announces $9 billion offer for U.K. rival

Published August 25, 2015 CST

Zurich Insurance Group Ltd. on Tuesday made a tentative offer to buy London-based RSA Insurance Group P.L.C. in a deal that would value RSA at about 5.6 billion ($8.79 billion).

Pharmacy benefit managers sue over first-of-its kind Arkansas law

Published August 18, 2015 CST

The national association representing pharmacy benefit managers is suing the state of Arkansas over a first-of-its kind law governing payments to pharmacies for generic drugs.

Health care premiums rise, more increases coming

Published August 26, 2015 CST

Group health care premiums continue to outpace inflation, and while most employers are feeling the pressure of rising health care costs, benefits experts say smaller employers may face a heavier burden.

Police say 2 may have committed suicide after Ashley Madison hack

Published August 24, 2015 CST

(Reuters) — At least two people may have committed suicide following the hacking of the Ashley Madison cheating website that exposed the information of clients, Toronto police said on Monday.

CBS Sports worker can sue UnitedHealth over mental health parity

Published August 21, 2015 CST

UnitedHealth Group Inc. must face litigation that it illegally restricted a CBS Sports Network employee's coverage for mental health expenses, a federal appeals court has ruled.

Broker launches Texas operation, expands services

Published August 26, 2015 CST

Insurance broker Palmer & Cay has opened an office in Dallas to offer property/casualty and benefits brokerage services, the brokerage said in a statement Wednesday.

Business Insurance announces 40 Under 40 broker honorees for 2015

Published August 18, 2015 CST

Business Insurance on Tuesday announced the honorees for its third annual 40 Under 40 Broker Awards.

New tool will compare costs and benefits of cancer treatments

Published August 21, 2015 CST

(Reuters) — As options for cancer patients become increasingly complicated and expensive, the most influential source for U.S. oncology treatment guidelines will for the first time offer a tool to assess the costs versus benefits of available therapies.

Pollution protection improves environment for real estate deals

Published August 23, 2015 CST

Proper assessment and coverage of environmental liabilities can make the difference between a successful or failed real estate investment. Bill Nellen, executive vice president of the Environmental Group at Alliant Insurance Services Inc., discusses the routes to a positive outcome.

California workers comp premiums could see another reduction

Published August 21, 2015 CST

California regulators are proposing another reduction in average premiums for workers compensation coverage amid improving loss experience in the system.

Number of employers hit by Cadillac tax expected to grow over years

Published August 25, 2015 CST

An analysis released Tuesday projected that 26% of employers offering health care benefits could trigger the Cadillac tax in 2018 unless they make changes to their plans.

An ounce of prevention ...

Published August 20, 2015 CST

That old adage about preparedness being worth a pound of cure is no more apparent than with Katrina, says a Wharton School study of the ability to bounce back from catastrophe.

California insurance cover transfer ruling may change the game

Published August 25, 2015 CST

The California Supreme Court's decision that transferring insurance coverage in a merger or acquisition does not require insurer consent could have ramifications beyond the Golden State, according to legal observers.

Swiss Re CEO sees prices stabilizing

Published August 25, 2015 CST

(Reuters) — After years of steep declines, prices in the property/casualty reinsurance market are stabilizing at a level acceptable to Swiss Re Ltd., the chief executive of the world's second-biggest reinsurer said in an interview.

2.2% workers comp rate decrease recommended for Florida

Published August 25, 2015 CST

The National Council on Compensation Insurance Inc. has recommended a 2.2% overall average decrease in Florida’s workers compensation rates, the state’s Office of Insurance Regulation said.

Shareholders of reinsurer IRB Brasil Re approve IPO

Published August 25, 2015 CST

Brazilian reinsurer IRB Brasil Resseguros S.A. has received approval from its shareholders for an initial public offering, reported BNamericas citing InfoMoney.

Chubb exec joins rival insurer

Published August 25, 2015 CST

Longtime Chubb executive Julie Stephenson will join rival insurer CNA Financial Corp. as senior vice president and chief underwriting officer for CNA Commercial.

Integro expands entertainment practice with London agency buy

Published August 25, 2015 CST

New York-based insurance brokerage and risk management firm Integro Ltd. said Tuesday that it has acquired London-based managing general agent Entertainment Risk Management Ltd.

Texas employer not liable after worker beat up supervisor

Published August 24, 2015 CST

A Texas appeals court has ruled that a workers compensation nonsubscriber is not liable for negligence, despite failing to perform a criminal background check on a worker who assaulted another employee.