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Most Read Mid-Market Executive News

Ace excludes Ebola claims for some new and renewal general liability policies

Published October 21, 2014 CST

Ace USA confirmed Tuesday that it will exclude coverage for Ebola claims under new and renewal general liability polices issued to companies that have exposures to certain African countries.

IRS announces maximum 401(k) plan contribution limits for 2015

Published October 23, 2014 CST

The maximum contribution that can be made to 401(k) plans in 2015 will rise to $18,000, up from the current $17,500 limit, the Internal Revenue Service announced Thursday.

HHS form for health reform law reinsurance fee to be available Friday

Published October 21, 2014 CST

A long-awaited form employers will use to provide the HHS with information regulators will need to calculate the amount of a “reinsurance” fee mandated by the health care reform law will be available online starting Friday.

Ironshore expanding into agriculture sector

Published October 20, 2014 CST

Ironshore International, a unit of Hamilton, Bermuda-based Ironshore Inc., said Monday it plans to enter the agriculture sector, offering capacity limits of up to $10 million, with the appointment of a divisional director.

Marsh to acquire flood insurance specialist Torrent Technologies

Published October 20, 2014 CST

Marsh L.L.C has signed a definitive agreement to acquire Torrent Technologies Inc., Marsh said Monday.

Employers taking action to avoid ACA excise tax

Published October 16, 2014 CST

Forty percent of employers say they expect at least one of their health care plans to be affected by a health care reform law-authorized excise tax — unless they act — with many already taking steps to reduce the likelihood that they will be hit by the tax.

Financial institutions identify cyber risk as major concern: Survey

Published October 23, 2014 CST

A total of 84% of global financial institutions identified cyber risk as one of their top five concerns in a third-quarter survey by Depository Trust & Clearing Corp.

Workers comp reform hasn't helped Illinois' construction industry

Published October 13, 2014 CST

It's been three years since sweeping reforms to Illinois workers compensation laws reduced the costs for treating injured employees. But those in the construction industry say they have yet to see meaningful reductions in premium costs.

Product helps small and midsize firms measure cyber attack readiness

Published October 21, 2014 CST

Information technology solutions provider eManagement Inc. has developed a new tool to help small and midsize businesses measure their readiness to respond to and recover from cyber security attacks.

Colorado's September hailstorm insured damage estimated at $213.3M

Published October 13, 2014 CST

A Sept. 29 hailstorm that pounded parts of Colorado's Front Range has been ranked as the state's 8th most expensive hailstorm on record, racking up an estimated $213.3 million in insured losses.

Travelers sues P.F. Chang's to avoid paying breach costs

Published October 13, 2014 CST

A Travelers Cos. unit has filed suit against P.F. Chang's China Bistro Inc. seeking a judicial declaration that it is not obligated to provide indemnity coverage or defense costs in connection with a data breach announced earlier this year.

Workers' compensation rates drop again in Michigan

Published October 15, 2014 CST

Businesses in Michigan are continuing to see savings in their workers compensation rates and have saved more than $277 million since 2011, a fact the state now touts to companies interested in coming to Michigan.

Business Insurance names 2014 Women to Watch

Published October 08, 2014 CST

Business Insurance on Wednesday announced the honorees for its 2014 Women to Watch recognition program.

Mississippi worker driving without headlights, seat belt entitled to comp

Published October 03, 2014 CST

A Mississippi worker who was in an auto accident while driving a company-owned vehicle with the headlights off and no seat belt on should receive workers compensation benefits, a divided Mississippi Court of Appeals ruled Tuesday.

Hartford offers commercial auto discounts to encourage driver safety

Published October 15, 2014 CST

Hartford Financial Services Group Inc. has added premium discounts and other rewards to its commercial auto policy to encourage driver safety among small and midsize businesses.

Illinois workers not required to give notice before seeking treatment: Court

Published September 29, 2014 CST

Courts rule that Illinois employers can't require workers to provide notice prior to seeking medical treatment for workplace injuries.

NCCI recommends Kansas workers comp rate cut of 10.4% in 2015

Published September 25, 2014 CST

The National Council on Compensation Insurance Inc. has proposed a 10.4% decrease in Kansas workers compensation advisory rates for 2015.

Council of Insurance Agents and Brokers elects chairman for 2015

Published October 15, 2014 CST

Steve Brockmeyer, president and CEO of Pasadena, California-based Bolton & Co. was elected as 2015 chairman of the Washington-based Council of Insurance Agents and Brokers on Tuesday.

Cyber security incident reports increased 48% this year

Published September 30, 2014 CST

The number of cyber security incidents has increased 48% this year, to 42.8 million, or the equivalent of 177,339 incoming attackers per day, according to a PricewaterhouseCoopers L.L.P. survey released Tuesday.

Berkshire-owned Dairy Queen says customer data hacked in 46 states

Published October 10, 2014 CST

(Reuters) — Ice cream and fast-food restaurant chain Dairy Queen has confirmed a security breach that may have compromised the payment card information of customers at several hundred locations across 46 U.S. states.

Hub names president for national employee benefits practice

Published October 13, 2014 CST

Mike Barone has been named president of Hub International Ltd.’s national employee benefits practice, a newly created position charged with directing and enhancing Hub’s investments in employee benefits products and solutions for middle-market employers, the company reported.

USI expands in Northwest with purchase of employee benefits broker

Published October 14, 2014 CST

USI Insurance Services L.L.C. has acquired Wallace Insurance Inc./Scott Insurance Services, a middle-market employee benefits broker based in Anchorage, Alaska.

Hub International acquires mid-market broker FieldEddy

Published October 08, 2014 CST

Hub International Ltd. has acquired the assets of mid-market broker FieldEddy Inc. and its Your Choice Insurance Agency Inc. subsidiary.

Hub acquires San Diego-area property/casualty, benefits broker

Published October 06, 2014 CST

Hub International Ltd. has acquired the assets of Carlsbad, California-based brokerage Marrs Maddocks & Associates Insurance Services Inc., the company announced on Monday.

Mid-market companies plan to increase data security spending: Survey

Published September 19, 2014 CST

Recent data breaches involving high-profile companies such as Target Corp. and Home Depot Inc. are having an effect on how much middle-market companies spend on data security.