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Most Read Mid-Market Executive News

Travelers ordered to pay over $500M in asbestos case

Published July 22, 2014 CST

(Reuters) — A federal appeals court on Tuesday said Travelers Cos. should pay more than $500 million to satisfy asbestos-related claims stemming from its coverage of policyholder Johns-Manville Corp.

Zurich white paper focuses on solar panel fire, structural risks

Published July 21, 2014 CST

Risk managers need be aware of the variety of risks and challenges presented by the installation of photovoltaic solar panel systems on commercial buildings, Zurich North America said on Monday.

More brokers sharing critical big data insight with mid-market clients

Published July 20, 2014 CST

After decades of gathering and warehousing data on insurance purchases, exposures and claims from their commercial clients, more insurance brokers are offering to share the power of their “big data” sets with their middle-market clients.

Reform bill shows progress keeping check on Calif. comp rates: Report

Published July 18, 2014 CST

Workers compensation rate increases would have been 3% higher for California employers in 2013 if reforms had not been enacted, according to a report released Thursday by the state’s Department of Industrial Relations and its Division of Workers’ Compensation.

Judge wants grocery chain held in contempt for ignoring disability bias decree

Published July 17, 2014 CST

A judge has recommended that the Supervalu Inc. supermarket chain be held in contempt of court and sanctioned for violating a court decree entered to resolve an Americans with Disabilities Act lawsuit against the firm.

Insurers must pay MBIA's legal costs from restructuring: Court

Published July 18, 2014 CST

Lloyd’s of London syndicate underwriters, an American International Group Inc. unit and a German insurer are obligated to pay defense and settlement costs in connection with MBIA Inc.’s 2009 restructuring under the insurer’s financial institutions professional indemnity primary and excess policies, a federal court has ruled.

Benefit costs, regulations remain top HR concerns: Gallagher survey

Published July 21, 2014 CST

Rising health care costs and evolving regulations continue to be the top human resources challenge facing employers, and many companies are struggling to effectively meet that challenge, according to a new survey.

New York state data security breaches have tripled since 2006: Report

Published July 16, 2014 CST

The number of data security breaches reported annually to the New York state attorney general more than tripled between 2006 and 2013 to a record-setting 7.3 million records of New Yorkers exposed last year.

Colo. high court to hear case of fired quadriplegic who tested positive for pot

Published July 16, 2014 CST

The Colorado Supreme Court will hear arguments in September in the case of a former Dish Network L.L.C. employee who says he was wrongfully fired for using medical marijuana.

U.S. appeals court rules for same-sex marriage in Oklahoma

Published July 18, 2014 CST

The 10th U.S. Circuit Court of Appeals in Denver has ruled in favor of same-sex couples seeking the right to legally marry in the state of Oklahoma.

Integro uses data analytics to give mid-market client key insurance tip

Published July 20, 2014 CST

Integro Ltd. recently used data analytics to help a middle-market client with Midwest energy distribution operations hedge the risk of an unseasonably warm winter on its business income, said Patrick Gallagher, managing principal and chief actuary in the broker's New York headquarters.

USI acquires New Jersey specialty agency

Published July 21, 2014 CST

USI Insurance Services L.L.C. announced that it has acquired Toms River, New Jersey-based insurance agency BHB Insurance Services L.L.C.

Alabama health system, doctors group settle whistleblower kickback case for $24.5M

Published July 21, 2014 CST

An Alabama health system and a physicians group have reached a $24.5 million settlement of a whistleblower lawsuit, in which they were charged with violating the False Claims Act by paying or receiving kickbacks in connection with claims to the Medicare program, the Department of Justice said Monday.

Florida packing plant's workers accused of workers comp fraud

Published July 22, 2014 CST

The vast majority of workers at a Naples, Florida, produce packing plant are accused in a scheme to commit workers compensation fraud, the Florida Department of Financial Services said Tuesday.

OSHA cites Omaha feed company for fatal plant collapse

Published July 21, 2014 CST

OSHA has cited an Omaha, Nebraska-based livestock feed manufacturer for multiple federal safety and health violations following a deadly partial collapse at its processing plant in January.

EPIC buys Leavitt Group's Jenkins Insurance unit

Published July 22, 2014 CST

Edgewood Partners Insurance Center Inc., which does business as EPIC, has purchased Concord, California-based Jenkins Insurance Services Inc., a unit of Leavitt Group Enterprises Inc.

Obama signs order barring federal discrimination against gays

Published July 21, 2014 CST

(Reuters) — President Barack Obama signed an executive order on Monday barring federal contractors from discriminating on the basis of sexual orientation or gender identity.

Insurance buyers should make greater use of analytics: Willis report

Published July 15, 2014 CST

While benefitting from overcapacity, corporate insurance buyers are lagging behind insurers in making greater use of analytics, says Willis Group Holdings P.L.C.

Guide covers noncompete and trade secrets laws for all 50 states

Published July 22, 2014 CST

Chicago-based law firm Seyfarth Shaw has released a guide to the 50 states’ noncompete and trade secrets laws.

Cheyenne city council votes to end employee wellness program

Published June 13, 2014 CST

Citing financial strain on the municipal workers, the city council of Cheyenne, Wyoming, has voted to abandon the city's employee wellness program, despite evidence that it improved nearly one-third of participating employees' health risk profiles.

Universe of smaller brokers deploying an array of strategies to grow business

Published July 20, 2014 CST

There's no shortage of commercial brokerage business in the U.S., and regional and smaller brokers are deploying an array of strategies to win bigger shares.

Travelers sues NFL, insurers over former players' prescription drug lawsuit

Published July 14, 2014 CST

Travelers Cos. Inc. is suing the National Football League and more than two dozen other insurers in New York state court, saying it has no obligation to defend the NFL in a prescription drug-related lawsuit filed by more than 500 former players.

California offers $7.54B in funding for self-insurance workers comp plans

Published July 10, 2014 CST

The California Department of Industrial Relations has approved a $7.54 billion capital program to help businesses in the state self-insure for workers compensation for the coming year, the department said.

Workers comp PBMs Progressive Medical and PMSI to rebrand as Helios

Published July 15, 2014 CST

Progressive Medical Inc. and PMSI Inc., two workers compensation pharmacy benefit managers that merged in October, will begin operating under the name Helios in August, according to a statement issued Tuesday.

EEOC guidance updates pregnancy-related workplace rights

Published July 14, 2014 CST

The Equal Employment Opportunity Commission on Monday issued its first enforcement guidance regarding pregnancy discrimination since 1983.