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Most Read Mid-Market Executive News

Cover offered via Lloyd's syndicates for commercial marijuana industry

Published August 22, 2014 CST

A recently formed insurance agency is offering the commercial marijuana industry general liability and related insurance coverage on a surplus lines basis through several Lloyd's of London syndicates.

Obama administration floats new prescription contraceptive rules

Published August 22, 2014 CST

The Obama administration sought to end a long-running controversy by proposing new ways to enable employees of nonprofit religiously affiliated organizations for prescription contraceptives.

National Financial Partners buys mid-market specialist Benefit Resources

Published August 22, 2014 CST

National Financial Partners Corp. said Friday that it has acquired Cincinnati-based Benefit Resources Inc., which specializes in group benefits, human resources and benefit compliance.

OFF BEAT: Adjuster who drove her way out of a job winds up with settlement

Published August 20, 2014 CST

Even when a loss assessor contributes to losses for the insurer she works for it’s apparently not sufficient grounds in Ireland to fire her.

Vermont residents spend less on health care, but clouds are looming

Published August 27, 2014 CST

With Vermont's ambitions for universal health care by 2017, reports say privately insured patients spent less time hospitalized and used more generic drugs than the average U.S. patient, in lieu of health reform.

California governor decries Calpers vote on pensions

Published August 20, 2014 CST

(Reuters) — California Gov. Jerry Brown decried a move by the state's giant public pension fund on Wednesday to include temporary pay hikes in the way pensions are calculated for newly hired workers.

Washington state high court rules pension benefit reductions constitutional

Published August 20, 2014 CST

The Washington State Supreme Court upheld as constitutional two bills passed by the state Legislature in 2007 and 2011 that reduced benefits for some participants in several of the state's pension funds.

Calpers set to allow 100 extra pay types count toward pensions

Published August 20, 2014 CST

(Reuters) — The California Public Employees' Retirement System, America's largest public pension fund, is expected to approve nearly 100 types of extra pay on Wednesday.

Malware breach at 51 UPS stores 'fully contained': Company

Published August 21, 2014 CST

The UPS Store Inc. said Wednesday that customer data at 51 of its franchised stores in 24 states may have been breached, although the situation is now contained and there is no evidence to date of fraud.

Washington health exchange plans double; average rates rise 1.9%

Published August 28, 2014 CST

Consumers in Washington state will have more choices in health plans next year and at rates lower than initially proposed, according to information made public by the state's Office of the Insurance Commissioner.

U.S. to tighten restrictions on common opioid painkillers

Published August 22, 2014 CST

(Reuters) — The U.S. government is tightening restrictions on hydrocodone, an opioid painkiller contained in Vicodin and other addictive drugs.

USI acquiring seven retail brokerages from Willis

Published August 18, 2014 CST

USI Insurance Services L.L.C. will acquire seven retail brokerage offices from certain subsidiaries of Willis North America Inc., part of Willis Group Holdings P.L.C.

Brokers should assess how buyouts will affect the way they service clients

Published August 17, 2014 CST

When mid-market insurance brokers are acquired by larger competitors, maintaining the client relationships they've spent years developing demands an open dialogue between producers and insurance purchasers about their respective post-sale expectations.

Risk Management Associates happy with broker's acquisition transition process

Published August 17, 2014 CST

Hands-on placement and advisory services factor in why security firm Risk Management Associates Inc. chose employee health benefits broker and consultant in 2007.

Wellness programs have value beyond medical cost savings: DMEC speaker

Published August 14, 2014 CST

LAS VEGAS — The business value of having a wellness program and a healthy workforce goes beyond the potential to reduce medical costs.

FBI warns health care companies they are targeted by hackers

Published August 20, 2014 CST

(Reuters) — The FBI has warned that health care industry companies are being targeted by hackers, publicizing the issue following an attack on a U.S. hospital group.

More large employers to only offer CDHPs: NBGH survey

Published August 13, 2014 CST

WASHINGTON — Large employers are continuing to pare back the type of health care plans they offer to try to keep costs under control, according to a survey released Wednesday by the National Business Group on Health.

EMT's disability lawsuit over counseling for affair reinstated on appeal

Published August 20, 2014 CST

A former emergency medical technician who was fired after she refused psychological counseling that was required by a supervisor concerned about her “immoral” sexual conduct.

BROKER BEAT: Alper Services L.L.C.

Published July 29, 2014 CST

Business Insurance Associate Editor Bill Kenealy speaks with David Macknin, president of Alper Services L.L.C., about issues currently affecting the Chicago-based insurance brokerage.

Gallagher acquires Denver-based benefits consultant Denman

Published August 06, 2014 CST

Arthur J. Gallagher & Co. on Wednesday said it has acquired Denman Consulting Services Inc., a Denver-based employee benefits consulting firm.

Cell captive insurers offer mid-size firms alternate coverage for tough risks

Published August 03, 2014 CST

Mid-market companies with difficult-to-place or expensive risks have another viable option to standard insurance: placing those risks in a cell captive insurer.

Silicon Valley startup launches self-insurance option for smaller firms

Published August 12, 2014 CST

(Reuters) — The founders of Collective Health, a Silicon Valley startup, say they can help employers save money by self-insuring rather than paying premiums to a health insurance company.

FMLA-related notices should not be sent by regular mail: Court

Published August 07, 2014 CST

Employers should not be sending mandated FMLA notices by regular mail, says an appeals court in reversing a ruling in which an employee claimed she had never received the notice.

Insurance broker Hilb acquires Kentucky-based Martin Agency

Published August 05, 2014 CST

Independent insurance brokerage The Hilb Group L.L.C. has acquired Danville, Kentucky-based brokerage The Martin Agency Inc., Richmond, Virginia-based Hilb said Tuesday.

Firm that only let woman truck drivers train with other women biased: Judge

Published August 19, 2014 CST

A federal judge has ruled that a trucking company violated federal law by discriminating against female truck driver applicants when it required they be trained only by other women, said the EEOC.