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Subscriber only, premium content. Tuesday, October 6

Most Emailed News

Zurich names new U.S. executive as Riordan departs

Published October 01, 2015 CST

Daniel Riordan, Zurich Financial Group CEO of Global Corporate business in North America, has left the insurer and will be replaced by the Zurich's reinsurance chief.

New Aetna exec will oversee Humana integration

Published September 30, 2015 CST

Aetna Inc. on Wednesday announced two appointments to its senior leadership team, including one that will direct the company's planned integration with rival health insurer Humana Inc.

Adjuster settles fraud charges over comp for ex-NFL player

Published October 02, 2015 CST

A former claims adjuster for Gallagher Bassett Services Inc. has agreed to pay $1.5 million in restitution after federal prosecutors said she helped a former New York Giants football player receive fraudulent workers compensation benefits, the U.S. Attorney's Office said Thursday.

More changes at Zurich as insurer revamps leadership at general insurance unit

Published October 02, 2015 CST

Shakeup continues amid mounting losses from port blast in Tianjin, China, that helped scotch takeover of rival.

Cyber risks commanding board-level attention

Published October 02, 2015 CST

The “needle has moved” in terms of boards of directors more actively addressing cyber risks, says a study released by consultant Jody R. Westby on Friday.

Lawmakers vote to repeal health plan auto-enrollment requirement

Published September 30, 2015 CST

The House Education and Workforce Committee has approved a proposal to repeal the health reform law's mandate that companies with 200 or more employees automatically enroll workers in the employer's health plan if the worker does not respond to the offer of coverage.

Construction foreman, owner charged with manslaughter in worker's death

Published September 28, 2015 CST

A California carpenter's fatal fall leads to manslaughter charges against his employer and foreman.

Doctors a crucial link in return-to-work success

Published October 01, 2015 CST

Physician support can make a huge difference in the outcome of return-to-work programs.

Risk managers face tangled mass of cyber security laws

Published October 02, 2015 CST

Explosive growth in hack attacks and 47 state cyber laws make the battle of the breach all the more daunting.

Central States Teamsters pension fund seeks permission to cut benefits

Published October 05, 2015 CST

The Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Illinois, is seeking permission to cut benefits for participants, including retirees, as part of a proposed rescue plan awaiting approval from the Treasury Department.

New York energy companies prepare for Hurricane Joaquin

Published September 30, 2015 CST

(Reuters) — U.S. energy companies are preparing for the possibility that Hurricane Joaquin could hit the New York City area early next week, potentially following the destructive course of Superstorm Sandy in 2012.

Lockton executives take on bigger duties

Published September 29, 2015 CST

Three senior executives at Lockton Cos. have assumed expanded roles, the Kansas City, Missouri-based broker announced Tuesday.

N.M. sets maximum for medical pot reimbursement

Published October 05, 2015 CST

The New Mexico Workers’ Compensation Administration has proposed a maximum reimbursable amount for medical marijuana.

Do the homework when selecting cyber insurance

Published September 29, 2015 CST

Risk assessments and internal response plans are vital, Southwest Airlines' corporate insurance chief says.

Over half of employers could trigger health plan excise tax

Published October 01, 2015 CST

Nearly 60% of employers and other health plan sponsors say they will — unless they make changes — trigger the health care reform law excise tax on costly plans, according to a new survey.

Embattled VW looks to cut costs; directors and officers cover targeted

Published October 01, 2015 CST

Volkswagen A.G., hit hard by an emissions scandal affecting millions of diesel VW and Audi cars, is seeking ways to cut its costs amid a flood of litigation, some of which looks to target its directors and officers insurance.

FTC OKs Ace's acquisition of Chubb

Published October 01, 2015 CST

One down. Shareholder and regulatory hurdles remain before first-quarter closing.

Millions of T-Mobile customers exposed in Experian breach

Published October 02, 2015 CST

(Reuters) — Experian P.L.C., the world's biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of about 15 million people who applied for service with T-Mobile U.S. Inc.

Dollar General fined for blocked emergency doors, electrical boxes

Published September 30, 2015 CST

Blocked emergency exit doors and blocked electrical breaker boxes land Dollar General in hot water with OSHA.

Ace outlines North American leadership after Chubb merger

Published September 08, 2015 CST

Ace is putting its leadership in place as it prepares to close its acquisition of Chubb in the fisrt quarter. North American field teams too.

Greenberg predicts continued industry consolidation

Published September 29, 2015 CST

QUEBEC CITY — The insurance industry's challenges will inevitably force more consolidation, according to Maurice Greenberg, president and CEO of C.V. Starr & Co. Inc., who pledged his company would remain private for as long as possible.

'Reasonable suspicion' a preferred option to random drug testing

Published October 02, 2015 CST

DANA POINT, Calif. — Supervisors should undergo reasonable suspicion training to enforce drug-free workplace policies and ensure worker safety, speakers said during the 2015 California Workers’ Compensation & Risk Conference in Dana Point, California.

Repeal of health reform's Cadillac tax gains bipartisan support

Published September 30, 2015 CST

Republicans aren't alone in their fight against the health care reform law's hefty excise tax on expensive health insurance plans.

Flat-fee health plans seen driving more workers comp cases

Published September 29, 2015 CST

Flat-fee, or capitated, health plans are on the rise, which means back sprains and other soft tissue injuries could increasingly be classified as work-related injuries.

Insurance bosses call for collective action on climate change

Published October 01, 2015 CST

(Reuters) — Lloyd's of London and other insurers called for collective action to address climate change on Thursday after a report from the U.K. regulator this week highlighted risks to their industry from global warming.