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Most Recent Mid-Market Executive News

Did your celebrity endorser fall from grace? There's insurance for that

By: Judy Greenwald

Published January 29, 2015 - 2:08pm CST

An American International Group Inc. unit is offering limits of up to $5 million through a product designed to help policyholders respond to risks from a celebrity endorser's fall from grace, scandal or unexpected death, the insurer said Thursday.

Pro wrestlers sue WWE over concussions

By: Bill Kenealy

Published January 22, 2015 - 2:58pm CST

Two former professional wrestlers have sued World Wrestling Entertainment Inc. for concussions they sustained during their careers.

Dead worker's estate can't collect on liability policy

By: Sheena Harrison

Published January 22, 2015 - 2:04pm CST

The 11th U.S. Circuit Court of Appeals on Thursday found that Florida's workers comp exclusive remedy provision prevents a $9.5 million liability judgment from being paid by an insurer to the estate of a Florida worker killed on the job.

Green Bay banking company acquiring consulting firm for $48 million

By: Shelby Livingston

Published January 21, 2015 - 3:14pm CST

The deal which is expected to close in February, could cost as much as $56 million if certain contingencies are met, Green Bay, Wisconsin-based Associated Banc-Corp said in a statement released Jan. 16.

Unsealed lawsuits tell of alleged fraud by asbestos law firms

Published January 21, 2015 - 2:26pm CST

(Reuters) — U.S. personal injury lawyers allegedly concealed evidence and induced clients to commit perjury to drive up asbestos-related settlements and garner bigger fees, according to recently unsealed lawsuits.

HIIG acquires Elite Underwriting Services

By: Shelby Livingston

Published January 16, 2015 - 11:05am CST

Houston International Insurance Group Ltd. has acquired Malvern, Pennsylvania-based Elite Underwriting Services.

Secura Insurance promotes Dominick Mongarella to director of risk management

By: Shelby Livingston

Published January 16, 2015 - 10:51am CST

Appleton, Wisconsin-based Secura Insurance Cos. has promoted Dominick Mongarella to director of risk management.

Jockey accident medical coverage for racetracks launched

By: Shelby Livingston

Published January 15, 2015 - 2:44pm CST

The National Thoroughbred Racing Association, Lockton Cos. L.L.C., and Burns & Wilcox Brokerage have launched a jockey accident medical coverage for racetracks.

South Carolina high court grants comp benefits to worker who tripped on carpet

By: Sheena Harrison

Published January 15, 2015 - 12:44pm CST

A South Carolina state employee who tripped and fell on the job should receive workers compensation benefits for her injuries even though the carpet she tripped on was not a unique condition of her employment.

Obama to announce push for paid leave, sick time for workers

Published January 15, 2015 - 11:02am CST

(Reuters) — President Barack Obama will announce on Thursday a handful of initiatives to boost paid leave and sick time, White House adviser Valerie Jarrett said in a statement.

EEOC workplace harassment task force to include employers, worker advocates

By: Judy Greenwald

Published January 14, 2015 - 2:23pm CST

Equal Employment Opportunity Commission Chair Jenny R. Yang announced the creation of a task force to address the issue of workplace harassment during a public hearing on the issue Wednesday.

Obama seeks enhanced cybersecurity laws to fight hackers

Published January 14, 2015 - 12:13pm CST

(Reuters) — President Barack Obama on Tuesday renewed a push to beef up U.S. cybersecurity laws after recent headline-grabbing hacking attacks against companies like Sony Pictures, Home Depot and Target.

Almost two-thirds of workers comp costs traced to top five injury types

By: Stephanie Goldberg

Published January 14, 2015 - 11:31am CST

The five leading causes of workplace injuries accounted for about 65% of workers compensation costs in 2012, according to new research by Liberty Mutual Group Inc.

Hiscox acquires MGA and high-end insurer

By: Sarah Veysey

Published January 14, 2015 - 9:27am CST

Hiscox Ltd. said Wednesday it had reached a preliminary agreement to acquire a managing general agent and a high-net-worth insurance company from Randall & Quilter Investment Holdings Ltd.

Senate support grows for bill redefining ACA full-time work week to 40 hours

By: Jerry Geisel

Published January 13, 2015 - 4:26pm CST

Following approval last week by the House of Representatives, legislation that would ease the health care reform law's definition of a full-time employee is quickly picking up support in the Senate.