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Alpha coal mine no longer qualifies for cleanup insurance subsidy

Published May 29, 2015 - 2:48pm CST

(Reuters) — Alpha Natural Resources Inc. no longer qualifies for a government program that subsidizes a share of mine cleanup insurance, requiring the coal company to find another way to cover roughly $400 million in liabilities, Wyoming officials said on Friday.

Health insurer Humana explores sale

Published May 29, 2015 - 12:51pm CST

(Reuters) – Humana Inc. is considering selling itself after receiving multiple expressions of takeover interest, a person familiar with the matter said on Friday, highlighting the potential for further consolidation in the U.S. health insurance industry.

Nurses' retaliation case against contractor in Iraq revived

By: Judy Greenwald

Published May 29, 2015 - 12:46pm CST

A U.S. appellate court has reinstated retaliation charges filed by two nurses working for a U.S. State Department medical services contractor in Iraq who were allegedly fired after they complained about the quality of health care provided to patients.

Cuts, changes will save XL Catlin $250 million

By: Mark A. Hofmann

Published May 29, 2015 - 11:08am CST

The CEO of XL Catlin is “delighted” with the state of the combined entity recreated by XL P.L.C.'s $4.28 billion acquisition of Catlin Group Ltd. a month after the deal closed.

Boston Scientific ordered to pay $100 million in transvaginal mesh trial

Published May 29, 2015 - 11:01am CST

(Reuters) — A Delaware jury on Thursday ordered Boston Scientific to pay $100 million to a woman who said she was injured by transvaginal mesh, a device that is the subject of more than 25,000 lawsuits against the company.

Sally Beauty says some payment cards "at risk" in latest security breach

Published May 29, 2015 - 10:49am CST

(Reuters) — Sally Beauty Holdings Inc. confirmed that criminals used malware at some of its point-of-sale systems between March 6 and April 17.

Worker's overdose death doesn't bar survivor comp benefits

By: Sheena Harrison

Published May 29, 2015 - 10:26am CST

The family of an injured worker who died from a prescription drug overdose should receive workers compensation death benefits, the California Supreme Court has ruled.

Highest-paid broker execs

Published May 29, 2015 - 10:17am CST

Who were the highest-paid executives at publicly traded brokers in 2014? Find out in our latest gallery.

Mideast Burning Man goes back to Stone Age

Published May 29, 2015 - 9:30am CST

An event in Israel’s Negev desert related to Nevada’s Burning Man festival may have literally unmade history, according to media reports.

Major deficiencies shown in 39% of benefit plan audits

By: Hazel Bradford, Pensions & Investments

Published May 29, 2015 - 9:12am CST

Some accountants auditing employee benefit plans have a quality problem, said a study published Thursday by the U.S. Department of Labor’s Employee Benefits Security Administration.

Workplace productivity group names new CEO

By: Bill Kenealy

Published May 29, 2015 - 9:01am CST

The Disability Management Employer Coalition said on Friday that Terri L. Rhodes has rejoined the organization to serve as its new CEO.

This week's Top 10 features on BusinessInsurance.com

Published May 29, 2015 - 6:00am CST

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

School's lost AIG policy existed: Court

By: Judy Greenwald

Published May 28, 2015 - 3:46pm CST

A New Hampshire middle school has presented plausible evidence that it had a nearly 50-year-old commercial general liability policy with an AIG unit, even though no one can find a copy of it.

Workers comp industry warned to mount defense against hackers

By: Bill Kenealy

Published May 28, 2015 - 2:58pm CST

Organizations in the workers' compensation industry need to redouble efforts to secure sensitive data from hackers, according to managed care services provider Genex Services L.L.C.

Starr wins damage suit from claims management firm

By: Judy Greenwald

Published May 28, 2015 - 2:48pm CST

A New York jury has awarded Starr Indemnity & Liability Co. $1.6 million in fees and reimbursements and $2.8 million in punitive damages in litigation the insurer had filed against a claims management unit of Brown & Brown Insurance Inc.