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Transgender funeral home director's EEOC suit can proceed

By: Judy Greenwald

Published April 24, 2015 - 4:18pm CST

A federal judge has refused to dismiss a U.S. Equal Employment Opportunity Commission lawsuit filed on behalf of a funeral home director who allegedly was terminated because she is transgender.

Thousands take advantage of West Coast health exchange special enrollment

By: Jerry Geisel

Published April 24, 2015 - 2:57pm CST

Thousands of uninsured individuals in California and the state of Washington have tapped a special enrollment period to enroll in health care plans offered through the two states’ health insurance exchanges.

Energy company reaches settlement over leasing charges in Michigan

Published April 24, 2015 - 2:37pm CST

(Reuters) — Chesapeake Energy Corp., the second-largest U.S. natural gas producer, will create a $25 million compensation fund as part of a settlement on Friday of antitrust, fraud and racketeering charges brought by the state of Michigan, according to terms of the settlement reviewed by Reuters.

Race bias case reinstated of clerk accused of theft, falsely arrested

By: Judy Greenwald

Published April 24, 2015 - 1:49pm CST

A federal appeals court has reinstated a race discrimination and retaliation lawsuit filed by a supermarket clerk, concluding he may have been framed for credit card theft and then falsely arrested after he complained about race discrimination.

Business-backed group says ditch insurance mandates, give everyone credits

By: Paul Demko, Modern Healthcare

Published April 24, 2015 - 12:52pm CST

Congress should overhaul the Affordable Care Act’s insurance subsidies and scrap the individual and employer mandates, the Conference Board’s Committee for Economic Development said in a report.

Gallagher reports strong quarterly revenue, but drop in net income

By: Matthew Lerner

Published April 24, 2015 - 11:49am CST

Arthur J. Gallagher & Co. said Friday that first-quarter revenue was up 34.6% to $1.23 billion, but expenses grew 39.5% to $1.20 billion, hurting net income, which dropped 55.6% to $21.9 million.

Construction firms caught misclassifying workers must pay up

By: Sheena Harrison

Published April 24, 2015 - 11:26am CST

The U.S. Department of Labor says a federal investigation has led 16 Utah and Arizona businesses to pay $700,000 in back wages, damages, penalties and other fees for misclassifying construction workers as company owners rather than employees.

Nasdaq to settle Facebook IPO lawsuit for $26.5 million

Published April 24, 2015 - 10:45am CST

(Reuters) — In a first for a U.S. stock exchange, Nasdaq OMX Group Inc. on Thursday agreed to pay $26.5 million to settle a class action lawsuit involving its bungling of Facebook Inc.'s $16 billion initial public offering, the plaintiffs' lawyers said.

Winter weather cools Chubb's first-quarter results

By: Sheena Harrison

Published April 24, 2015 - 10:24am CST

Harsh winter weather contributed to a downturn in Chubb Corp.'s first-quarter profit for 2015, the Warren, New Jersey-based insurer said.

This week's Top 10 features on BusinessInsurance.com

Published April 24, 2015 - 6:00am CST

Find out which of this week's features on BusinessInsurance.com were the most popular.

Funding of big pension plans dips in March

By: Jerry Geisel

Published April 23, 2015 - 2:27pm CST

The funded status of very large pension plans sponsored by public companies dipped in March as a slight decline in interest rates boosted the value of plan liabilities, according to a Milliman Inc. survey released Thursday.

Two shareholders sue American Apparel over CEO's ouster

Published April 23, 2015 - 2:25pm CST

(Reuters) — Two American Apparel shareholders have filed a lawsuit against the clothing and accessories retailer, alleging its founder and former CEO Dov Charney was fired because he refused to sell the company.

House passes second threat-sharing cyber security bill

Published April 23, 2015 - 2:03pm CST

(Reuters) — The U.S. House of Representatives voted overwhelmingly on Thursday to pass a bill that extends liability protection for companies that share information about cyber attacks, if they give the data to the U.S. Department of Homeland Security.

Case over hiring women on oil rigs settles; $1.5 million jury award upheld

By: Judy Greenwald

Published April 23, 2015 - 2:00pm CST

An Oklahoma oil drilling company has reached a $400,000 settlement with the U.S. Equal Employment Opportunity Commission in a case in which it was charged with systemic sex discrimination, the agency said.

Clock's ticking for employers who overpaid ACA reinsurance fee

By: Jerry Geisel

Published April 23, 2015 - 1:49pm CST

Employers that realize they overpaid a health reform law-mandated “reinsurance” fee generally have until April 30 to seek a refund from the Centers for Medicare and Medicaid Services, regulators have disclosed.