Business Insurance

Login  |  Register Subscribe



Most Emailed Specialty Risks News

South Shore Hospital to pay $750,000 in data breach settlement

Published May 29, 2012 CST

WEYMOUTH, Mass.—A June 2010 data breach will cost Weymouth, Mass.-based South Shore Hospital $750,000 in fines and remediation costs, according to a civil settlement with the state Attorney General's Office announced last week.

Rep. Frank offers bill to bar insurance on clawbacks

Published May 30, 2012 CST

WASHINGTON (Reuters)—Executives at financial firms would no longer be able to buy insurance to protect themselves against compensation clawbacks or civil penalties, under legislation introduced by U.S. Representative Barney Frank.

OFF BEAT: Million Miler flier says he was stripped of privileges by United Airlines

Published May 29, 2012 CST

A well-traveled Chicago man alleges that United Airlines Inc. “stripped away” his exclusive benefits under its Million Miler frequent flier program after it was modified in a merger with Continental Airlines.

Small companies may face greater scrutiny when buying D&O coverage under JOBS Act: Report

Published May 29, 2012 CST

Small companies utilizing provisions of the recently passed JOBS Act may face greater scrutiny when purchasing directors and officers liability insurance, according to a new report from Marsh Inc., an unit of New York-based Marsh & McLennan Cos.

NLRB reports on overbroad, unlawful social media policies

Published June 01, 2012 CST

The National Labor Relations Board has issued another report on social media policies in which it cites six cases where it contends employers' policies and rules were overbroad and unlawful.

Most med mal claims lead to litigation, but few trials

Published May 27, 2012 CST

Most medical malpractice claims lead to litigation, but most cases are dismissed and more than three-quarters of the relatively few suits that do result in a trial verdict are resolved in the physician's favor, researchers say.

OFF BEAT: Nudist colony deliveries too up close and personal for letter carriers

Published May 15, 2012 CST

Two letter carriers have filed a claim with the Equal Employment Opportunity Commission contending that having to deliver mail to a nudist colony creates a hostile work environment.

Occidental must defend environmental lawsuit in U.S.

Published May 31, 2012 CST

SAN FRANCISCO (Reuters)—A U.S. appeals court denied Occidental Petroleum Corp.'s request to revisit a prior ruling that an environmental lawsuit against the company must be litigated in the United States.

Defense of Marriage Act struck down by U.S. appeals court

Published May 31, 2012 CST

BOSTON—The controversial federal law that effectively denies married same-sex couples the same federal benefits afforded to heterosexual couples violates constitutional guarantee of equal protection, a federal appeals court ruled Thursday.

Property/casualty insurance rates up 3% in April: MarketScout

Published May 04, 2012 CST

The composite rate for commercial property/casualty and professional lines coverage increased an average of 3% in April 2012 compared with the same month a year ago, MarketScout said Friday.

Most medical malpractice claims litigated, but few go to trial: Study

Published May 24, 2012 CST

Most medical malpractice claims lead to litigation, but a majority of these are dismissed, and more than three-quarters of the relatively few against specialists that lead to a trial verdict are resolved in the physician's favor, says a new study.