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Most Read Mid-Market Executive News

Obese workers' absenteeism costs U.S. employers $8.65B a year

Published November 18, 2014 CST

Absenteeism among obese workers in the United States costs employers about $8.65 billion each year, according to a study published in the latest issue of the Journal of Occupational and Environmental Medicine.

Hub International launches entertainment industry practice

Published November 13, 2014 CST

Middle-market broker Hub International Ltd. is launching an entertainment practice to focus on providing risk management and insurance solutions for all segments of the entertainment industry

Cyber-related directors and officers liability claims expected to increase

Published November 09, 2014 CST

LAS VEGAS — Cyber-related directors and officers liability claims are rare, but that will likely change soon.

Workers compensation insurers to see profit in 2014: NCCI

Published November 10, 2014 CST

Workers compensation premiums are projected to grow 7% this year over 2013 to $39.3 billion as workers comp insurers see the first signs of profitability in eight years, the NCCI said Monday.

Hilb Group acquires North Carolina employee benefits broker

Published November 04, 2014 CST

The Hilb Group L.L.C. has acquired middle market employee benefits broker Lake Norman Benefits Inc.

Long-term care provider loss rate for 2015 projected to go up 5%

Published November 13, 2014 CST

The projected national 2015 loss rate — reflecting a combination of claims severity and frequency — for long-term care providers is expected to be $2,030 per occupied bed, an increase of 5%, according to a study released Thursday by Aon Global Risk Consulting and the American Health Care Association.

Farm groups, ag tech companies agree on data privacy standards

Published November 13, 2014 CST

(Reuters) — A consortium of farmer organizations and agriculture data technology providers on Thursday published a set of data privacy and security principles aimed at reassuring farmers that data they share with big data services providers will not be misused.

Corporate boards aware of cyber risk, but majority don't act on cyber security

Published November 04, 2014 CST

Two-thirds of corporate boards are very concerned about cyber security, but just 44% say they have made a decision on the topic, according to a board governance survey released Tuesday.

Hub International unit buys mid-market broker Fotek

Published November 07, 2014 CST

Hub International Northeast Ltd., a subsidiary of insurance brokerage Hub International Ltd., has acquired Wall, New Jersey-based middle-market employee benefits broker Fotek Insurance Agency Inc.

Slippery winter weather caused spike in Midwestern workers comp claims: Study

Published November 06, 2014 CST

Nearly one-third of all Midwest workers comp claims that resulted in time away from work last winter were caused by slips and falls on ice and snow, nearly double the normal average.

Marsh & McLennan Agency acquires California brokerage

Published November 07, 2014 CST

Marsh & McLennan Agency L.L.C., a division of Marsh L.L.C., has acquired Irvine, California-based middle-market property/casualty broker NuWest Insurance Services Inc.

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.

IRS’ lack of definitive drugs list has firms fully covering maintenance meds

Published November 09, 2014 CST

More and more employers are covering maintenance medications at 100% in health savings account-qualified high-deductible health plans, despite IRS rules that limit such coverage only to preventive medicines and medical services.

Hub International acquires benefits consultant Laurus Strategies

Published October 29, 2014 CST

Chicago-based Hub International Midwest, is acquiring the assets of Laurus Strategies, an employee benefits, human resource technology and global benefits consulting business.

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.

Idaho workers comp rates mostly stable for 2015

Published October 29, 2014 CST

Idaho employers will see a “slight” reduction in workers compensation rates as of Jan. 1, 2015, the state Department of Insurance said Monday.

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.

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.

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.

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.

Gallagher captive manager Artex discloses it's subject to IRS probe

Published September 10, 2014 CST

Artex Risk Solutions Inc. has confirmed that it is involved in an Internal Revenue Service probe into captive insurers formed under 831(b) of the Internal Revenue Code.

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.

FMLA suit of worker fired after returning from leave reinstated

Published October 31, 2014 CST

A federal appeals court has reinstated a Family and Medical Leave Act lawsuit filed by a worker who was fired nine days after returning from FMLA leave, allegedly in part for being about five minutes late for work for a few days.

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.

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.