Login  |  Register Subscribe


Current Issue

Subscriber only, premium content. Monday, March 2

Most Emailed News

Anthem hack affected millions of noncustomers

Published February 25, 2015 CST

(Reuters) — Health insurer Anthem Inc., which earlier this month reported that it was hit by a massive cyber breach, said on Tuesday that 8.8 million to 18.8 million people who were members of other Blue Cross Blue Shield plans could be victims in the attack.

Home Depot cyber breach costs at $33 million and counting

Published February 24, 2015 CST

Home Depot Inc. incurred $33 million of pretax net expenses related to last year's data breach in 2014, but still cannot estimate the breach's ultimate cost, the Atlanta-based retailer said in its fourth quarter 2014 results, which were issued Tuesday.

Legally married same-sex couples receive family leave in all states

Published February 24, 2015 CST

Employees in same-sex marriages — regardless of where they live — will have the same rights to benefits under the Family and Medical Leave Act as other employees under a new U.S. Labor Department rule.

Catamaran acquiring rival pharmacy benefit manager

Published February 26, 2015 CST

Pharmacy benefit manager Catamaran Corp. on Thursday said it has agreed to acquire competitor Healthcare Solutions Inc. for $405 million in cash.

(subscription required)Cyber insurance rates squeeze retailers, but market remains soft

Published February 22, 2015 CST

Major retailers are getting pinched in the cost and availability of cyber insurance, but pricing generally remains soft despite some insurers limiting capacity or even exiting the category.

Fitness enthusiasts help drive wellness program

Published February 25, 2015 CST

CHICAGO — Zurich North America employees who are interested in fitness have served as “wellness champions” in the company's wellness program, helping to engage other Zurich employees and boost participation in the company's health initiatives, says Sarah Staggs, head of benefits for Zurich.

Workplace mental health stigma persists

Published February 25, 2015 CST

A growing number of employers have observed a persistent if not worsening workplace stigma associated with mental and behavioral health issues, according to a recent study by the Disability Management Employer Coalition.

Kimberly-Clark buys annuities to cover pension risks

Published February 23, 2015 CST

Kimberly-Clark Corp. is buying two group annuity contracts to provide pension benefits to about 21,000 retirees, the Dallas-based paper goods manufacturer announced Monday.

(subscription required)Cyber risk insurance backstop could emerge in event of catastrophic attack

Published February 22, 2015 CST

Would Congress consider a safety net for a cataclysmic cyber attack? A federal backstop for cyber risks akin to that for terrorism eventually may be feasible, experts say.

Willis buys stake in Indian brokerage

Published February 24, 2015 CST

Willis Group Holdings P.L.C. announced Tuesday it has agreed to buy a 49% stake in New Delhi-based insurance brokerage Almondz Insurance Brokers Private Ltd.

More large employers turning to pension de-risking

Published February 24, 2015 CST

Once a rarity, employer efforts to “de-risk” their pension plans are moving into a mainstream corporate benefits approach.

Humana, Weight Watchers team to curtail obesity

Published February 24, 2015 CST

Humana Inc. on Tuesday said it has partnered with Weight Watchers International Inc. to target employee obesity by providing weight management services to employers insured through Humana’s health care plans.

QBE bounces back to profit after cost cutting, unit sales

Published February 24, 2015 CST

QBE Insurance Group Ltd. swung back into profit in 2014 on lower revenues following a turnaround program that included cost cutting and the sale of various units.

Budding marijuana farmer causes uninsured fire

Published February 25, 2015 CST

If you ever feel the inclination to turn your basement into a marijuana production factory, you might want to tell your insurer first.

Global catastrophe losses down in 2014

Published February 25, 2015 CST

Insured catastrophe losses in 2014 fell to the lowest level since 2009, according to a report released Wednesday by Guy Carpenter & Co. L.L.C.

Catlin tops London broker satisfaction survey

Published February 24, 2015 CST

Catlin Group Ltd. was the London market insurer that provided claims brokers the greatest net satisfaction with claims service and standards in 2014, according to a study by London-based Gracechurch Consulting.

Incentive-based wellness programs gain popularity

Published February 19, 2015 CST

More employers are adding health-contingent financial incentives to their workplace wellness programs in order to improve employees' health and reduce medical costs, according to new survey data released this week.

Opioid painkillers emerging as safety threat for elderly

Published February 27, 2015 CST

The use of opioid painkillers is a burgeoning safety issue confronting elderly adults, a National Safety Council study finds.

William Gallagher Associates offers cyber risk information clearinghouse

Published February 23, 2015 CST

William Gallagher Associates Insurance Brokers Inc. has launched the Cyber Risk Hub, an open source website for contributing and accessing information on cyber risk issues.

Hatch vows short-term fix if Supreme Court strikes down ACA subsidies

Published February 24, 2015 CST

Sen. Orrin Hatch will propose a “short-term solution” to help Americans who would lose subsidies if the U.S. Supreme Court strikes down the availability of financial assistance in the 34 states that haven't established their own exchanges as outlined in the Affordable Care Act.

Live Nation sued over Jay-Z tune

Published February 24, 2015 CST

When Jay-Z rapped about “spending cheese” in his 1999 hit “Big Pimpin’,” we imagine he wasn’t referring to shelling out for the endless litigation that has resulted from the song’s release.

Disability support firm sued over firing disabled workers

Published February 27, 2015 CST

A Phoenix disability support services company is being sued by the U.S. Equal Employment Opportunity Commission for allegedly discriminating against disabled employees by refusing to provide them with reasonable accommodations, the agency said.

SEC probes companies' treatment of whistleblowers

Published February 26, 2015 CST

(Reuters) - The U.S. Securities and Exchange Commission has sent letters to several companies asking for years of nondisclosure agreements, employment contracts and other documents to investigate whether companies are muzzling corporate whistleblowers, the Wall Street Journal reported.

Injured worker not entitled to mileage reimbursement for treatment

Published February 26, 2015 CST

An Arizona worker who failed to prove he had “no choice but to travel” to receive medical treatment is not entitled to a mileage reimbursement, an Arizona appellate court ruled Tuesday.

Ex-AIG leader Benmosche dies at 70

Published February 27, 2015 CST

Former American International Group Inc. President and CEO Robert H. Benmosche, who had battled cancer for five years, died Friday in New York. He was 70.