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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.

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.

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.

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.

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.

Chief justice could again swing health reform case in government's favor

Published February 24, 2015 CST

(Reuters) — Three years ago, Supreme Court Chief Justice John Roberts cast the tie-breaking vote in a ruling that saved President Barack Obama's signature health care reform, and as the high court prepares to weigh another challenge that could shatter it, a review of Justice Roberts' recent votes and opinions suggest he could again sway the case the government's way.

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.

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.

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.

U.S. health official says no fix if ACA subsidies thrown out

Published February 25, 2015 CST

(Reuters) — The Obama administration has no way to repair the damage that would result from a Supreme Court decision against Patient Protection and Affordable Care Act that would make health care unaffordable for millions of Americans, a top health adviser said on Tuesday.

Workers disability bias cases reinstated

Published February 26, 2015 CST

Two appellate courts have separately ruled against employers — Sears Roebuck & Co. and an Ohio hospital — in disability discrimination cases holding that they failed to accommodate disabled workers.

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.

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.

Replacing health reform law a conundrum for conservatives

Published February 27, 2015 CST

The Patient Protection and Affordable Care Act inspired the usual red-meat rhetoric at the Conservative Political Action Conference just outside Washington on Thursday.

Uber says security breach affected about 50,000 drivers

Published February 27, 2015 CST

(Reuters) — A security breach at car service Uber may have disclosed the names and driver's license numbers of about 50,000 drivers across multiple states, the company said in a statement on Friday.

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.

New Jersey recommends freezing state pension fund

Published February 25, 2015 CST

The New Jersey Pension and Health Benefit Study Commission recommended freezing the $76.8 billion New Jersey Pension Fund, Trenton, and creating a new cash balance plan for current and future participants.

Business Insurance opens nominations for Benefit Manager of the YearŽ

Published February 10, 2015 CST

Know an outstanding benefit manager? Nominate him or her for Benefit Manager of the YearŽ.

Contractor not liable for death of painter who fell off flat roof

Published February 27, 2015 CST

An Ohio appellate court judge has found that a painting contractor is not liable for the 2011 death of a worker even though the company was cited for safety violations in relation to the worker’s fatal fall.

Murdered prison guard’s family backs exclusive remedy reforms

Published February 25, 2015 CST

The family of a Nebraska detention center guard who was killed by an inmate is speaking out in support of a bill that would waive exclusive remedy in the case of “willful negligence” by an employer.

Axa employee benefits unit to target smaller businesses

Published February 24, 2015 CST

Axa S.A. will launch a U.S.-based employee benefits business later this year to serve small and midsize companies, the French insurer said.

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.

Actuaries urge leeway to change health plan rates if subsidies killed

Published February 26, 2015 CST

Health insurance actuaries are pushing the U.S. Department of Health and Human Services to allow plans to revise their rates for 2016 coverage if the U.S. Supreme Court invalidates the Patient Protection and Affordable Care Act's premium subsidies in federally run exchanges.

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.

State ups some, cuts other workers comp medical fees

Published February 24, 2015 CST

North Carolina will lower payments to hospitals but increase payments to physicians treating workers compensation patients under medical fee schedule revisions.