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Most Read Mid-Market Executive News

Arizona community college faces class action over data breach

Published April 21, 2014 CST

A proposed class action lawsuit is targeting a community college district in Tempe, Ariz., that allegedly violated several state and federal data protection laws.

Furniture store that didn't hire pregnant woman must pay: Court

Published April 21, 2014 CST

A midsize office furnishings and architectural store in New York City has agreed to pay $90,000 to settle a pregnancy discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission charging it with reneging on an employment to a job applicant who was pregnant.

Judge rejects NCAA's gender argument in college athletes' likeness rights suit

Published April 17, 2014 CST

The NCAA cannot justify its policy against paying student-athletes for the licensed use of their likenesses for broadcasts and merchandising by arguing that the policy ultimately supports women's college athletic programs.

Lululemon yoga pants lawsuits in U.S. win final dismissals

Published April 18, 2014 CST

(Reuters) — A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc. and various company officials of defrauding shareholders by concealing defects in yoga pants.

Many businesses hurt by Superstorm Sandy were uninsured or couldn't collect

Published April 22, 2014 CST

Very few small and midsize businesses affected by Superstorm Sandy have been able to recover some portion of their financial losses through insurance, according to a new report by the Federal Reserve Bank of New York.

Smartphone-case firm settles whistleblower lawsuit over customs duties for $4.3M

Published April 22, 2014 CST

A Colorado company that sells protective cases for smartphones and tablets has agreed to pay $4.3 million to settle a whistleblower lawsuit, in which it was charged with violating the False Claims Act and the Tariff Act of 1930.

Primary care provider role exposes nurse practitioners to malpractice risks

Published April 13, 2014 CST

As nurse practitioners assume greater responsibility for providing primary care, they also are becoming more vulnerable to medical malpractice exposures.

Lawsuits against nurses could lead to higher professional liability rates

Published April 13, 2014 CST

Insurance industry observers say the trend of increasing payments to indemnify nurse practitioners when they are sued could lead to higher professional liability insurance rates.

Injured claims adjuster found drunk on beach denied workers comp

Published April 09, 2014 CST

A claims adjuster cannot receive workers compensation benefits for a head injury he mysteriously suffered while on a Texas beach because he was intoxicated at the time of his accident, a Washington state appeals court has ruled.

Property/casualty insurance rates to decline, but some lines uncertain: Willis

Published April 09, 2014 CST

Commercial property/casualty insurance buyers should see modest improvements in market conditions over the remainder of 2014, though external factors are causing instability in some coverage lines, according to a new report from Willis Group Holdings P.L.C.

ID theft prevention firm sued over alleged retaliatory firing

Published March 24, 2014 CST

A former employee of LifeLock Inc. has filed a lawsuit against the Tempe, Ariz.-based identity theft prevention company claiming he was fired for uncovering illegal practices and serious vulnerabilities in its data protection services.

Health care reform rules limit waiting period for health benefits to 90 days

Published February 20, 2014 CST

Newly hired employees must be offered health insurance coverage no later than 90 days after they begin work under final health care reform law regulations.

OSHA fines real estate developer over $2.3M for asbestos, lead violations

Published April 03, 2014 CST

A Wingdale, N.Y.-based real estate development and management company faces more than $2.3 million in fines for knowingly exposing employees and contractors to asbestos and lead hazards.

Brokerage Brown & Brown to buy Wright Insurance for $602.5M

Published January 16, 2014 CST

Insurance brokerage Brown & Brown Inc., based in Daytona Beach, Fla., said it is acquiring Wright Insurance Group L.L.C. of Uniondale, N.Y., for $602.5 million.

Retailers' cyber risk controls scrutinized as attacks increase: Marsh

Published April 08, 2014 CST

Regulators, shareholders and other stakeholders are paying more attention to retailers’ cyber risk control measures as the frequency and severity of attacks and losses mount, says Marsh L.L.C. in a new report.

Bswift launches private exchange for health and voluntary benefits

Published February 04, 2014 CST

Bswift Inc., a Chicago-based benefits consulting and information technology services firm, on Tuesday announced the launch of its private health and voluntary benefits exchange, Springboard Marketplace.

Ex-workers comp director must pay more than $1M in fraud restitution

Published March 19, 2014 CST

The former workers compensation director for a Texas risk management fund has been ordered by a federal judge to pay more than $1 million in restitution after he defrauded the pool of more than $514,000.

Hancock selling property/casualty, benefits business to AssuredPartners

Published April 02, 2014 CST

Hancock Holding Co., the Gulfport, Miss.-based parent company of Hancock Insurance Agency and Whitney Insurance Agency, said it has agreed to sell its property/casualty and group benefits books of business to broker AssuredPartners Inc.

Interest in using captives to insure medical stop-loss coverage growing

Published March 11, 2014 CST

SCOTTSDALE, Ariz. — The use of captives to insure stop-loss coverage for self-funded health benefits was the largest area of employee benefits interest among the participants in the “14th annual Captive Insurance Market Study."

Little Internet end-users can do to thwart 'Heartbleed' bug

Published April 10, 2014 CST

(Reuters) — Security experts warn there is little Internet users can do to protect themselves from the recently uncovered “Heartbleed” bug that exposes data to hackers, at least not until vulnerable websites upgrade their software.

Hail storms, twisters cause $300M in insured damage in North Texas

Published April 09, 2014 CST

Hail storms and tornadoes caused an estimated $300 million in insured damage to parts of North Texas last week, the Insurance Council of Texas said Wednesday.

Mid-market firms expand social media use, but often underestimate risks

Published January 19, 2014 CST

Mid-market companies continue to expand their use of social media, blogs and other web marketing tools, but few have adequately addressed the potential liability exposures with publishing content online.

Employer spending on wellness incentives to rise in 2014: Survey

Published February 20, 2014 CST

Employer spending on wellness incentives will continue to rise in 2014 despite a decrease in the percentage of employers planning to use financial incentives, according to survey results released on Thursday.

No comp benefits for worker hit near employer-paid parking: N.J. High Court

Published April 03, 2014 CST

A worker who was hit by a vehicle while walking into her office from an employer-paid parking lot cannot receive workers compensation for her injuries, the New Jersey Supreme Court ruled Tuesday.

Predictive models should be used to identify effective intervention strategies

Published March 30, 2014 CST

While third-party administrators tout predictive models' ability to reduce workers comp costs, experts say employers should weigh whether such models can go beyond predicting claim outcomes and identify effective intervention strategies.