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OFF BEAT: Mother-daughter grave disagreement leads to demolition derby

Published October 31, 2014 - 3:49pm CST

Mothers and daughters don't always see eye to eye. And the mother-daughter duo that allegedly crashed into each other's vehicles in the middle of a cemetery is apparently no exception.

AIG to pay $35M fine: New York insurance regulator

Published October 31, 2014 - 3:12pm CST

(Reuters) - Insurer American International Group Inc. will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license, the New York State Department of Financial Services said on Friday.

FMLA suit of worker fired after returning from leave reinstated

By: Judy Greenwald

Published October 31, 2014 - 3:05pm 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.

Virgin Galactic spaceship crashes during California test flight

Published October 31, 2014 - 2:59pm CST

(Reuters) — A suborbital passenger spaceship being developed by Richard Branson's Virgin Galactic crashed during a test flight on Friday at the Mojave Air and Space Port in California, the company said.

UBS cannot arbitrate vs. Nasdaq over Facebook IPO: Court

Published October 31, 2014 - 2:34pm CST

(Reuters) — A divided U.S. appeals court rejected UBS A.G.’s bid to force Nasdaq OMX Group Inc. to arbitrate a dispute over the exchange operator’s alleged “catastrophic mismanagement” of Facebook Inc.’s $16 billion initial public offering.

Dignity Health hospital system settles whistleblower suit for $37M

By: Judy Greenwald

Published October 31, 2014 - 1:46pm CST

The San Francisco-based Dignity Health hospital system has agreed to pay $37 million to settle charges in a whistleblower suit that 13 of its hospitals in California, Nevada and Arizona knowingly submitted false claims to Medicare and Tricare by admitting patients who could have been treated on a less costly outpatient basis, the U.S. Department of Justice said.

Home Depot breach cost credit unions twice as much as Target hack: Survey

By: Judy Greenwald

Published October 31, 2014 - 12:42pm CST

The Home Depot Inc. credit breach cost credit unions $57.4 million to reissue cards, deal with fraud and cover other costs — nearly double the cost of the Target Corp. breach last year, according to a survey taken earlier this month.

Surveillance footage can be used in Iowa comp claim proceedings

By: Sheena Harrison

Published October 31, 2014 - 12:35pm CST

Companies that collect surveillance footage of injured workers must be prepared to release such footage during discovery in workers compensation litigation, the Iowa Court of Appeals has ruled.

Revised rules for Florida workers comp adjudications take effect in November

By: Stephanie Goldberg

Published October 31, 2014 - 12:31pm CST

A revised set of Florida rules for workers compensation claim adjudications will take effect next month, according to the state’s Office of the Judges of Compensation Claims.

U.S. judge tosses Paramount movie financing fraud case after trial

Published October 31, 2014 - 10:58am CST

(Reuters) — Paramount Pictures won the dismissal Thursday of a lawsuit by investors in a slate of mid-2000s movies including “Mean Girls” who said the studio concealed a risky business strategy in obtaining $40 million in financing.

Argo Group reports $44.7M third quarter net income

By: Matthew Lerner

Published October 31, 2014 - 10:41am CST

Argo Group International Holdings Ltd. reported third quarter net income of $44.7 million, an increase of 44.2% from the same period last year on lower pre-tax catastrophe losses and an improved combined ratio.

Aon reports third-quarter revenue of $2.88B

By: Mark A. Hofmann

Published October 31, 2014 - 10:06am CST

Aon P.L.C. on Friday reported revenue of $2.88 billion for the third quarter of 2014, an increase of 3.2% over the same period a year earlier.

This week's Top 10 features on BusinessInsurance.com

Published October 31, 2014 - 6:00am CST

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

Aon Hewitt unveils new health plan design for retirees

By: Jerry Geisel

Published October 30, 2014 - 3:31pm CST

A new retiree health care benefits design unveiled by Aon Hewitt and linked to its private health insurance exchange will give Medicare-eligible retirees greater financial incentives to select more cost-effective plans.

OFF BEAT: Noriega can continue digital reign of terror in 'Call of Duty'

Published October 30, 2014 - 3:26pm CST

A Los Angeles County judge ruled this week that corrupt former Panamanian dictator and convicted murderer Manuel Noriega cannot stop video game makers from depicting him as a corrupt, murderous dictator because he is Manuel Noriega.

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