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Subscriber only, premium content. Friday, February 27


Most Read Mid-Market Executive News

Almost two-thirds of workers comp costs traced to top five injury types

Published January 14, 2015 CST

The five leading causes of workplace injuries accounted for about 65% of workers compensation costs in 2012, according to new research by Liberty Mutual Group Inc.

Green Bay banking company acquiring consulting firm for $48 million

Published January 21, 2015 CST

The deal which is expected to close in February, could cost as much as $56 million if certain contingencies are met, Green Bay, Wisconsin-based Associated Banc-Corp said in a statement released Jan. 16.

Arthur J. Gallagher acquires California employee benefits consulting firm

Published January 13, 2015 CST

Arthur J. Gallagher & Co. has acquired Newport Beach, California-based employee benefits consulting firm e3 Financial.

Insurance broker team joins Insgroup from Dean & Draper

Published January 12, 2015 CST

A former partner at Houston-based Dean & Draper Insurance Agency L.P., J. Mace Meeks, has joined insurance broker Insgroup Inc., bringing along annual premium of $35 million and nine associates, Insgroup announced.

Court shields workers comp settlement, Medicare set-aside in bankruptcy

Published January 09, 2015 CST

A worker who used his workers comp settlement and Medicare set-aside account funds to buy real estate and a new truck will not have to include those items as assets under his Chapter 7 bankruptcy proceedings.

Secura Insurance promotes Dominick Mongarella to director of risk management

Published January 16, 2015 CST

Appleton, Wisconsin-based Secura Insurance Cos. has promoted Dominick Mongarella to director of risk management.

Integro acquires bloodstock broker Howard Global Insurance Services

Published December 17, 2014 CST

New York-based Integro Ltd. has acquired London-based Howard Global Insurance Services Ltd., a Lloyd's of London broker that specializes in bloodstock, Integro announced Wednesday.

Brown & Brown MGA unit buys Hall-Wright General Agency

Published January 07, 2015 CST

Managing general agent Texas Security General Insurance Agency Inc., a subsidiary of Brown & Brown Inc., has acquired San Antonio, Texas-based MGA Hall-Wright General Agency Inc.

Employers report benefits from on-site or near-site employee health clinics

Published January 06, 2015 CST

A majority of employers providing health care services through on-site or near-site clinics say those services helped them lower their overall medical costs and improve their employees' health, a new survey shows.

HIIG acquires Elite Underwriting Services

Published January 16, 2015 CST

Houston International Insurance Group Ltd. has acquired Malvern, Pennsylvania-based Elite Underwriting Services.

North American 2014 insured cat losses hit $18B: Munich Re

Published January 07, 2015 CST

North American insured catastrophe losses totaled about $18 billion in 2014, according to an analysis released Wednesday by Munich Reinsurance Co.

HHS warns employers about skimpy health plans

Published November 24, 2014 CST

The HHS is warning employers that group health care plans that do not provide coverage for inpatient hospital and physician services will not pass the health reform law's “minimum value” test, the second federal agency to do so.

Alliant Insurance Services acquires American Benefits Consulting

Published January 08, 2015 CST

Specialty insurance broker Alliant Insurance Services Inc. said Wednesday it has acquired employee benefits consulting firm American Benefits Consulting L.L.C.

Pro wrestlers sue WWE over concussions

Published January 22, 2015 CST

Two former professional wrestlers have sued World Wrestling Entertainment Inc. for concussions they sustained during their careers.

Employers moving post-65 retirees to private health insurance exchanges

Published November 23, 2014 CST

A growing number of employers that offer health insurance to post-65 retirees are turning to private exchanges since the health care reform law took effect to provide coverage on an individual basis, often at a lower cost than their group plans could.

Garmin corporate wellness website tracks participants' activity data

Published January 09, 2015 CST

Tracking technology company Garmin Ltd. has created the Garmin Connect wellness portal, a website designed for corporate wellness programs that allows employers to track the activity data of participating employees.

Senate support grows for bill redefining ACA full-time work week to 40 hours

Published January 13, 2015 CST

Following approval last week by the House of Representatives, legislation that would ease the health care reform law's definition of a full-time employee is quickly picking up support in the Senate.

Pioneer Special Risk begins underwriting at Lloyd's of London

Published December 09, 2014 CST

New York-based Pioneer Special Risk, a unit of Pioneer Underwriting Ltd., on Tuesday announced it has obtained Lloyd's of London coverholder status and has started underwriting management and professional liability lines.

Plant closed by ammonia discharge suffered direct physical property loss: Court

Published November 26, 2014 CST

The sudden discharge of ammonia that temporarily closed a New Jersey-based manufacturer's plant qualifies as direct physical property loss or damage under New Jersey law, a federal judge has ruled.

Unsealed lawsuits tell of alleged fraud by asbestos law firms

Published January 21, 2015 CST

(Reuters) — U.S. personal injury lawyers allegedly concealed evidence and induced clients to commit perjury to drive up asbestos-related settlements and garner bigger fees, according to recently unsealed lawsuits.

U.S. CEOs threaten to pull tacit Obamacare support over 'wellness' spat

Published December 01, 2014 CST

(Reuters) — Leading U.S. CEOs, angered by the Obama administration's challenge to certain "workplace wellness" programs, are threatening to side with anti-Obamacare forces unless the government backs off.

Hiscox acquires MGA and high-end insurer

Published January 14, 2015 CST

Hiscox Ltd. said Wednesday it had reached a preliminary agreement to acquire a managing general agent and a high-net-worth insurance company from Randall & Quilter Investment Holdings Ltd.

$70M cat bond is first in Swiss francs

Published January 06, 2015 CST

GC Securities, a division of MMC Securities Corp., has placed the first Swiss-franc denominated catastrophe bond for a new issuer in the market, GC Securities said in a statement Tuesday.

South Carolina high court grants comp benefits to worker who tripped on carpet

Published January 15, 2015 CST

A South Carolina state employee who tripped and fell on the job should receive workers compensation benefits for her injuries even though the carpet she tripped on was not a unique condition of her employment.

Surplus lines insurer James River raises $231 million in IPO

Published December 12, 2014 CST

Hamilton, Bermuda-based James River Group Holdings Ltd., the parent company of excess and surplus lines insurer James River Insurance Co., raised about $231 million in its initial public offering Friday.