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Most Recent Mid-Market Executive News

Primary care provider role exposes nurse practitioners to malpractice risks

By: Joanne Wojcik

Published April 13, 2014 - 6:00am CST

As nurse practitioners assume greater responsibility for providing primary care, they also are becoming more vulnerable to medical malpractice exposures.

Lawsuits against nurses could lead to higher professional liability rates

By: Joanne Wojick

Published April 13, 2014 - 6:00am CST

Insurance industry observers say the trend of increasing payments to indemnify nurse practitioners when they are sued could lead to higher professional liability insurance rates.

Little Internet end-users can do to thwart 'Heartbleed' bug

Published April 10, 2014 - 2:46pm CST

(Reuters) — Security experts warn there is little Internet users can do to protect themselves from the recently uncovered “Heartbleed” bug that exposes data to hackers, at least not until vulnerable websites upgrade their software.

Property/casualty insurance rates to decline, but some lines uncertain: Willis

By: Rodd Zolkos

Published April 09, 2014 - 1:45pm CST

Commercial property/casualty insurance buyers should see modest improvements in market conditions over the remainder of 2014, though external factors are causing instability in some coverage lines, according to a new report from Willis Group Holdings P.L.C.

Hail storms, twisters cause $300M in insured damage in North Texas

By: Mark A. Hofmann

Published April 09, 2014 - 12:52pm CST

Hail storms and tornadoes caused an estimated $300 million in insured damage to parts of North Texas last week, the Insurance Council of Texas said Wednesday.

Injured claims adjuster found drunk on beach denied workers comp

By: Sheena Harrison

Published April 09, 2014 - 12:44pm CST

A claims adjuster cannot receive workers compensation benefits for a head injury he mysteriously suffered while on a Texas beach because he was intoxicated at the time of his accident, a Washington state appeals court has ruled.

'Heartbleed' bug in web technology seen as major threat to user data

Published April 09, 2014 - 11:37am CST

(Reuters) — A newly discovered bug in widely used Web encryption technology has made data on many of the world's major websites vulnerable to theft by hackers.

Retailers' cyber risk controls scrutinized as attacks increase: Marsh

By: Judy Greenwald

Published April 08, 2014 - 1:53pm CST

Regulators, shareholders and other stakeholders are paying more attention to retailers’ cyber risk control measures as the frequency and severity of attacks and losses mount, says Marsh L.L.C. in a new report.

Arthur J. Gallagher makes its biggest deal by far

Published April 06, 2014 - 9:25pm CST

Insurance brokerage Arthur J. Gallagher & Co. agreed to pay $938 million for the insurance brokerage units of Australian conglomerate Wesfarmers Ltd.

Lululemon prevails in lawsuits over yoga pants recall

Published April 04, 2014 - 11:24am CST

(Reuters) — A lawsuit accusing Lululemon Athletica Inc. of defrauding shareholders by hiding defects in its yoga pants that led to a costly recall should be dismissed, a U.S. judge has concluded.

Mozilla CEO resigns, opposition to gay marriage drew fire

Published April 04, 2014 - 11:01am CST

(Reuters) — Mozilla Chief Executive Brendan Eich has stepped down, the company said Thursday, after an online dating service urged a boycott of the company's Web browser because of a donation Mr. Eich made to opponents of gay marriage.

OSHA fines real estate developer over $2.3M for asbestos, lead violations

By: Matt Dunning

Published April 03, 2014 - 1:17pm CST

A Wingdale, N.Y.-based real estate development and management company faces more than $2.3 million in fines for knowingly exposing employees and contractors to asbestos and lead hazards.

No comp benefits for worker hit near employer-paid parking: N.J. High Court

By: Sheena Harrison

Published April 03, 2014 - 12:28pm CST

A worker who was hit by a vehicle while walking into her office from an employer-paid parking lot cannot receive workers compensation for her injuries, the New Jersey Supreme Court ruled Tuesday.

Hancock selling property/casualty, benefits business to AssuredPartners

By: Matt Dunning

Published April 02, 2014 - 2:33pm CST

Hancock Holding Co., the Gulfport, Miss.-based parent company of Hancock Insurance Agency and Whitney Insurance Agency, said it has agreed to sell its property/casualty and group benefits books of business to broker AssuredPartners Inc.

Segal Group expands health care exchange offerings for retirees

By: Kate Shepherd

Published April 02, 2014 - 1:56pm CST

The Segal Group Inc. on Wednesday said it has expanded its retiree health services offerings for organizations interested in a private health care exchange platform for Medicare-eligible retirees.

Car dealer to pay $2.1M to more than 50 men in same-sex harassment settlement

By: Judy Greenwald

Published April 02, 2014 - 1:54pm CST

More than 50 men will share in a $2.1 million settlement to be paid by an Albuquerque, N.M., car dealership to settle a same-sex sexual harassment and retaliation lawsuit filed by the Equal Employment Opportunity Commission, the agency said Tuesday.

Predictive models should be used to identify effective intervention strategies

By: Sheena Harrison

Published March 30, 2014 - 6:00am CST

While third-party administrators tout predictive models' ability to reduce workers comp costs, experts say employers should weigh whether such models can go beyond predicting claim outcomes and identify effective intervention strategies.

Predictive models that can make cost-saving recommendations are future goal

By: Sheena Harrison

Published March 30, 2014 - 6:00am CST

Third-party administrators are still in the process of developing predictive model technology that takes claim information and makes cost-saving recommendations.

Comp exclusivity applies in case of injured subcontractor: Pa. high court

By: Sheena Harrison

Published March 28, 2014 - 3:40pm CST

Workers compensation exclusive remedy provisions apply for a general contractor who hired a subcontractor who was injured on a construction project, the Pennsylvania Supreme Court said in a ruling that reversed a $1.5 million liability judgment for an injured worker.