Business Insurance

Login  |  Register Subscribe



Most Read Mid-Market Executive News

Dead worker's estate can't collect on liability policy

Published January 22, 2015 CST

The 11th U.S. Circuit Court of Appeals on Thursday found that Florida's workers comp exclusive remedy provision prevents a $9.5 million liability judgment from being paid by an insurer to the estate of a Florida worker killed on the job.

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.

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.

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.

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.

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.

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.

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.

HIIG acquires Elite Underwriting Services

Published January 16, 2015 CST

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

Obama to announce push for paid leave, sick time for workers

Published January 15, 2015 CST

(Reuters) — President Barack Obama will announce on Thursday a handful of initiatives to boost paid leave and sick time, White House adviser Valerie Jarrett said in a statement.

EEOC workplace harassment task force to include employers, worker advocates

Published January 14, 2015 CST

Equal Employment Opportunity Commission Chair Jenny R. Yang announced the creation of a task force to address the issue of workplace harassment during a public hearing on the issue Wednesday.

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.

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.

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.

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.

Jockey accident medical coverage for racetracks launched

Published January 15, 2015 CST

The National Thoroughbred Racing Association, Lockton Cos. L.L.C., and Burns & Wilcox Brokerage have launched a jockey accident medical coverage for racetracks.

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.

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.

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.

Aetna to acquire benefits consultant Bswift for $400M

Published November 03, 2014 CST

Aetna Inc. announced on Monday that it will acquire Bswift L.L.C., a privately owned Chicago-based employee benefits consultant and technology provider, for approximately $400 million.

To fight hackers, Obama wants companies to share threats

Published January 13, 2015 CST

(Reuters) — President Barack Obama on Tuesday will announce a renewed push for cybersecurity legislation after recent headline-grabbing hacks against companies like Sony Pictures and Home Depot.

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.

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.

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.