Business Insurance - Web News http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Wed, 1 Oct 2014 17:21:44 EST 10 Calif. law requires free year of credit monitoring after data breaches http://businessinsurance.com/article/20141001/NEWS07/141009978 20141001/NEWS07/141009978 California Gov. Jerry Brown has signed into law legislation that requires companies affected by data breaches to offer credit monitoring. Wed, 1 Oct 2014 14:50:55 EST SEC charges two with insider trading on hedge fund's bet on Herbalife http://businessinsurance.com/article/20141001/NEWS07/141009979 20141001/NEWS07/141009979 (Reuters) — U.S. regulators on Tuesday charged two men with insider trading after they learned that hedge fund manager Bill Ackman was planning to announce a $1 billion bet against Herbalife Ltd. Wed, 1 Oct 2014 14:44:31 EST Calif. law makes companies share wage, comp liability with labor contractors http://businessinsurance.com/article/20141001/NEWS08/141009980 20141001/NEWS08/141009980 California Gov. Jerry Brown has signed into law a bill that imposes liability on companies when labor contractors fail to pay wages or provide workers compensation premium. Wed, 1 Oct 2014 14:14:58 EST Company's harsh penalties for skipping wellness program draw EEOC action again http://businessinsurance.com/article/20141001/NEWS07/141009981 20141001/NEWS07/141009981 The Equal Employment Opportunity Commission is suing another company with the charge its wellness program violates the Americans with Disabilities Act. Wed, 1 Oct 2014 13:44:39 EST National Council proposes workers comp rate hike for Hawaii in 2015 http://businessinsurance.com/article/20141001/NEWS08/141009982 20141001/NEWS08/141009982 The National Council on Compensation Insurance Inc. has proposed a 3.2% rate increase in Hawaii workers compensation advisory rates for 2015. Wed, 1 Oct 2014 12:26:23 EST Risk Strategies merges with specialty broker DeWitt Stern http://businessinsurance.com/article/20141001/NEWS04/141009983 20141001/NEWS04/141009983 Boston-based broker and risk management consultant Risk Strategies Co. Inc. has merged with privately-held, New York-based broker and risk advisor DeWitt Stern Group Inc., the companies said in a statement Wednesday. Wed, 1 Oct 2014 12:25:50 EST U.S. Court in Oklahoma rules against ACA subsidies on federal exchange http://businessinsurance.com/article/20141001/NEWS03/141009984 20141001/NEWS03/141009984 Another federal court judge has ruled that the IRS overstepped its authority in 2012 rules authorizing government health insurance premium subsides. Wed, 1 Oct 2014 11:42:33 EST Advanced iOS virus targeting Hong Kong protestors: Security firm http://businessinsurance.com/article/20141001/NEWS07/141009985 20141001/NEWS07/141009985 (Reuters) — Cybersecurity researchers have uncovered a computer virus that spies on Apple Inc.'s iOS operating system for the iPhone and iPad, and they believe it is targeting pro-democracy protesters in Hong Kong. Wed, 1 Oct 2014 11:39:05 EST Sedgwick acquires specialized claims services provider T&H http://businessinsurance.com/article/20141001/NEWS08/141009986 20141001/NEWS08/141009986 Third-party administrator Sedgwick Claims Management Services Inc. said on Wednesday that it has finalized its previously-announced acquisition of T&H Global Holdings L.L.C. and its subsidiaries. Wed, 1 Oct 2014 11:30:05 EST Cyber breaches inevitable; business leaders advised to be prepared http://businessinsurance.com/article/20141001/NEWS08/141009987 20141001/NEWS08/141009987 CHICAGO — When it comes to data breaches, it's not a matter of “if,” but “when,” speakers said during the National Risk Retention Association's conference in Chicago. Wed, 1 Oct 2014 11:24:05 EST