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Subscriber only, premium content. Thursday, March 26


Most Recent News

Ameriprise to pay $27.5 million in settlement with 401(k) participants

By: Robert Steyer, Pensions & Investments

Published March 26, 2015 - 4:12pm CST

Ameriprise Financial Inc., Minneapolis, will pay $27.5 million as part of a preliminary settlement with participants in its 401(k) plan, said a court document published Thursday.

German police search house of pilot who flew A320 into mountain

Published March 26, 2015 - 3:44pm CST

(Reuters) — A young German co-pilot locked himself alone in the cockpit of Germanwings flight 9525 and set it on course to crash into a mountain, killing all 150 people on board including himself, prosecutors said on Thursday.

Nurse allergic to floor wax qualifies for workers comp

By: Sheena Harrison

Published March 26, 2015 - 2:48pm CST

A Pennsylvania nurse should receive workers compensation benefits for exposure to a floor wax that caused her to have breathing problems, even though she has since moved on to a new part-time job and is no longer experiencing asthma symptoms, a Pennsylvania appellate court has ruled.

Insurer not required to defend trademark infringement case

By: Judy Greenwald

Published March 26, 2015 - 2:45pm CST

Selective Insurance Co. of America was not required to defend a trademark infringement suit filed by a lighting company because its policy covered only slogan infringement, an appeals court said Thursday in upholding a lower-court ruling.

Bermuda reinsurer exiting business

By: Shelby Livingston

Published March 26, 2015 - 1:41pm CST

AQR Re Management Ltd., the reinsurance arm of Greenwich, Connecticut-based AQR Capital Management L.L.C., will stop writing business April 1.

'Farmville' firm must face lawsuit alleging fraud tied to IPO

Published March 26, 2015 - 11:44am CST

(Reuters) — Zynga Inc. must face a lawsuit accusing the online gaming company known for “FarmVille” of defrauding shareholders about its prospects before and after its December 2011 initial public offering.

Congress tries to kill health care law again

By: Virgil Dickson, Modern Healthcare

Published March 26, 2015 - 11:11am CST

President Barack Obama on Wednesday remained upbeat and defiant against his health care reform law's naysayers during a White House event to celebrate the controversial law's fifth birthday.

Humana shifts away from occupational injury care with Concentra sale

By: Stephanie Goldberg

Published March 26, 2015 - 8:56am CST

Humana Inc.'s $1 billion sale of occupational health and physical therapy unit Concentra Inc. apparently marks the health care insurer's exit from the workers compensation field.

Lloyd's of London profit stable in 2014

By: Sarah Veysey

Published March 26, 2015 - 8:50am CST

Lloyd's of London posted a pretax profit of 3.2 billion ($4.99 billion) for 2014, the same amount as for 2013, the market announced Thursday.

Employers sweetening the wellness pot

By: Jerry Geisel

Published March 26, 2015 - 8:16am CST

More employers are offering financial incentives through wellness programs to improve employees' health, while many are boosting the value of those incentives.

Brown & Brown of New York acquires multiline broker

By: Shelby Livingston

Published March 25, 2015 - 2:43pm CST

Brown & Brown of New York Inc., a Rochester, New York-based subsidiary of Brown & Brown Inc., has acquired Mahopac, New York-based multiline insurance broker Spain Agency Inc.

Tennessee opt-out route for workers compensation hits roadblock

By: Stephanie Goldberg

Published March 25, 2015 - 2:34pm CST

The Tennessee Advisory Council on Workers' Compensation has unanimously decided not to recommend a bill that would allow employers to opt out of the state's workers compensation system.

Cockpit voice tape hoped to unravel Airbus crash riddle

Published March 25, 2015 - 2:13pm CST

(Reuters) — Investigators have retrieved cockpit voice recordings from one of the black boxes of the German Airbus plane that smashed into the Alps, killing everyone onboard, and they expect a preliminary read-out of their content in days, an official said on Wednesday.

Health exchanges attracting low-income participants

By: Jerry Geisel

Published March 25, 2015 - 1:05pm CST

Participation in public health insurance exchanges is heavily skewed in favor of those with very low incomes, according to a new analysis.

Did Justice Kennedy offer a clue to the Supreme Court's pending decision?

By: Lisa Schencker, Modern Healthcare

Published March 25, 2015 - 11:50am CST

No one can read the U.S. Supreme Court justices' minds, so everyone in health care is parsing their words for signs of how they'll vote in King v. Burwell.

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