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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Published October 31, 2014 - 6:00am CST
Find out which of this week's features on BusinessInsurance.com were the most popular.
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.
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.