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Most Recent Mid-Market Executive News

Obese workers' absenteeism costs U.S. employers $8.65B a year

By: Stephanie Goldberg

Published November 18, 2014 - 11:58am CST

Absenteeism among obese workers in the United States costs employers about $8.65 billion each year, according to a study published in the latest issue of the Journal of Occupational and Environmental Medicine.

Hub International launches entertainment industry practice

By: Joanne Wojcik

Published November 13, 2014 - 3:05pm CST

Middle-market broker Hub International Ltd. is launching an entertainment practice to focus on providing risk management and insurance solutions for all segments of the entertainment industry

Farm groups, ag tech companies agree on data privacy standards

Published November 13, 2014 - 2:18pm CST

(Reuters) — A consortium of farmer organizations and agriculture data technology providers on Thursday published a set of data privacy and security principles aimed at reassuring farmers that data they share with big data services providers will not be misused.

Long-term care provider loss rate for 2015 projected to go up 5%

By: Judy Greenwald

Published November 13, 2014 - 1:30pm CST

The projected national 2015 loss rate — reflecting a combination of claims severity and frequency — for long-term care providers is expected to be $2,030 per occupied bed, an increase of 5%, according to a study released Thursday by Aon Global Risk Consulting and the American Health Care Association.

Workers compensation insurers to see profit in 2014: NCCI

By: Sheena Harrison

Published November 10, 2014 - 11:28am CST

Workers compensation premiums are projected to grow 7% this year over 2013 to $39.3 billion as workers comp insurers see the first signs of profitability in eight years, the NCCI said Monday.

Cyber-related directors and officers liability claims expected to increase

By: Judy Greenwald

Published November 09, 2014 - 6:00am CST

LAS VEGAS — Cyber-related directors and officers liability claims are rare, but that will likely change soon.

IRS’ lack of definitive drugs list has firms fully covering maintenance meds

By: Joanne Wojcik

Published November 09, 2014 - 6:00am CST

More and more employers are covering maintenance medications at 100% in health savings account-qualified high-deductible health plans, despite IRS rules that limit such coverage only to preventive medicines and medical services.

Marsh & McLennan Agency acquires California brokerage

By: Shelby Livingston

Published November 07, 2014 - 12:47pm CST

Marsh & McLennan Agency L.L.C., a division of Marsh L.L.C., has acquired Irvine, California-based middle-market property/casualty broker NuWest Insurance Services Inc.

Hub International unit buys mid-market broker Fotek

By: Shelby Livingston

Published November 07, 2014 - 10:28am CST

Hub International Northeast Ltd., a subsidiary of insurance brokerage Hub International Ltd., has acquired Wall, New Jersey-based middle-market employee benefits broker Fotek Insurance Agency Inc.

Slippery winter weather caused spike in Midwestern workers comp claims: Study

By: Stephanie Goldberg

Published November 06, 2014 - 12:06pm CST

Nearly one-third of all Midwest workers comp claims that resulted in time away from work last winter were caused by slips and falls on ice and snow, nearly double the normal average.

Berkshire adds wrap-up, crisis coverage to contractors' general liability

By: Shelby Livingston

Published November 05, 2014 - 5:10pm CST

Boston-based insurer Berkshire Hathaway Specialty Insurance has expanded its contractors' general liability practice policy with two additional coverages.

Hilb Group acquires North Carolina employee benefits broker

By: Shelby Livingston

Published November 04, 2014 - 3:29pm CST

The Hilb Group L.L.C. has acquired middle market employee benefits broker Lake Norman Benefits Inc.

Corporate boards aware of cyber risk, but majority don't act on cyber security

By: Judy Greenwald

Published November 04, 2014 - 10:32am CST

Two-thirds of corporate boards are very concerned about cyber security, but just 44% say they have made a decision on the topic, according to a board governance survey released Tuesday.

Aetna to acquire benefits consultant Bswift for $400M

By: Matt Dunning

Published November 03, 2014 - 2:26pm CST

Aetna Inc. announced on Monday that it will acquire Bswift L.L.C., a privately owned Chicago-based employee benefits consultant and technology provider, for approximately $400 million.

CorPro Underwriting Managers, AIG offer specialty coverages to midsize firms

By: Judy Greenwald

Published November 03, 2014 - 12:14pm CST

CorPro Underwriting Managers, an underwriting unit of Ryan Specialty Group L.L.C., on Monday said it is offering directors and officers, employment practices, fiduciary and crime insurance coverage to small and midsize businesses through a partnership with subsidiaries of American International Group Inc.

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