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Most Read News

Liberty Mutual looks to unbundle insurance, claims

Published April 28, 2016 CST

The nation's third-largest workers comp insurer is considering a strategy that could potentially lower claims handling costs.

UPS claims proposed Central States benefit reductions illegal

Published April 29, 2016 CST

United Parcel Service Inc., Atlanta, argued in an earnings presentation Thursday that the benefit reduction application by the Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Illinois, is not legal.

IRS sets 2017 HSA contribution limits

Published April 28, 2016 CST

Maximum contributions for health savings accounts in 2017 will increase $50 for individuals, but remain unchanged for families.

Striking Verizon workers soon to lose company health insurance coverage

Published April 28, 2016 CST

A strike by nearly 40,000 Verizon Communications workers stretches on with unions and the company still far apart on contract talks.

Marsh snags duo of experienced brothers from Willis Towers Watson

Published May 03, 2016 CST

Marsh L.L.C. said Tuesday that brothers David and John Fuhrman are joining the firm effective immediately.

Funding provision key to bill granting benefits to firefighters with cancer

Published April 28, 2016 CST

Connecticut lawmakers have voted to pay workers comp claims for firefighters who develop cancer.

Former AIG exec to head QBE's North American unit

Published May 03, 2016 CST

Russell Johnston will succeed retiring executive David Duclos as CEO of QBE North America on May 31.

Lawsuit claims workers comp insurers hacked into injured workers' files

Published April 25, 2016 CST

A California worker alleges Berkshire Hathaway and others hired private investigators to access workers comp claim information.

Nissan adds 3.5 million vehicles to recall over air bag flaw

Published April 29, 2016 CST

The automaker says passenger-side air bags may not work properly in the recalled vehicles, most of which are in the United States.

OSHA electronic injury reporting rule clears final hurdle

Published May 02, 2016 CST

The White House has signed off on a controversial rule that would expand electronic recordkeeping requirements for workplace injuries.

Big data breaches found at major email services

Published May 04, 2016 CST

Hundreds of millions of hacked usernames and passwords for email accounts and other websites are being traded in Russia's criminal underworld.

Deadlock broken over new Florida insurance regulator

Published April 29, 2016 CST

The announcement comes after months of disagreement between Florida's governor and chief financial officer.

PPOs still No. 1, but high-deductible health plans a close second

Published May 03, 2016 CST

More than one-third of employees at midsize companies opt for high-deductible health plans over traditional coverage options.

Directors and officers pricing slides 9.2%

Published April 29, 2016 CST

About 44% of publicly traded companies saw their primary D&O renewal pricing fall during the first quarter, Aon Risk Solutions said.

CEO: AIG 'on track' despite $183 million 1Q loss

Published May 03, 2016 CST

Weak investment income, large catastrophe losses hurt insurer though analysts agree it's making progress in its turnaround.

CNA profit hit by accounting charge

Published May 02, 2016 CST

CNA Financial Corp. reported lower profit for the first quarter, but an improved combined ratio in its property/casualty operation.

Rulings issued in two high profile workers comp cases

Published April 28, 2016 CST

Florida's high court struck down workers comp attorney fee schedules, but declined to review the constitutionality of the state's comp system.

Gallagher posts growing profit as company expands

Published April 29, 2016 CST

Arthur J. Gallagher's total revenues for the first-quarter of 2016 increased 5.6% to $1.3 billion over 2015.

Insurers sue NFL for access to concussion-related documents

Published May 02, 2016 CST

Insurers are seeking to defend against the NFL's uncapped class action settlement for concussion injuries.

Weakness in investment income, personal lines hit Hartford results

Published April 29, 2016 CST

Hartford Financial Services Group Inc. saw net income fall in the first quarter of 2016 from a year earlier on lower income from limited partnerships and other alternative investments, as well as “disappointing” results in personal lines, the insurer said Friday.

Aon profit dips on foreign exchange in first quarter

Published April 29, 2016 CST

Aon's first quarter 2016 revenues dropped 1.9% year over year to $2.79 billion, the company announced Friday.

Express Scripts plans fiercer fight against sudden drug price hikes

Published April 29, 2016 CST

The PBM plans to introduce several benefit programs aimed at fighting high drug costs, its chief medical officer said.

AIG profit misses expectations for 3rd straight quarter

Published May 02, 2016 CST

The insurer reported a lower-than-expected quarterly operating profit as income from underwriting and returns on investments declined.

Interest rate, reinsurance price pressure trip Swiss Re in 1Q

Published April 29, 2016 CST

Swiss Re Ltd. reported lower net income in the first quarter of 2016 amid low interest rates and declining reinsurance prices, but saw gains in premium income reflecting profitable growth in select markets and lines of business, the reinsurer announced on Friday.

Aetna upbeat on exchanges, Humana purchase; group insurance clips earnings

Published April 28, 2016 CST

Aetna CEO Mark Bertolini said that the insurer is on track to “break even” in its public health exchange business this year.