Business Insurance - Web News http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Sat, 29 Aug 2015 00:10:19 EST 10 Empire BlueCross BlueShield CEO promoted to position with Anthem http://businessinsurance.com/article/20150828/NEWS03/150829837 20150828/NEWS03/150829837 The New York City's area's largest health insurer will soon have a new leader. Fri, 28 Aug 2015 15:03:56 EST State comp bureau recommends rate cut for public employers http://businessinsurance.com/article/20150828/NEWS08/150829838 20150828/NEWS08/150829838 The Ohio Bureau of Workers’ Compensation has recommended a 9% cut in workers compensation rates next year for public employers in the state, the agency said Friday. Fri, 28 Aug 2015 14:50:39 EST Tropical Storm Erika's latest shift lessens Florida risk http://businessinsurance.com/article/20150828/NEWS06/150829839 20150828/NEWS06/150829839 Tropical Storm Erika's forecast path has shifted to the west, meaning that the storm is unlikely to hit Florida as a hurricane, catastrophe modeler AIR Worldwide said in an analysis released Friday. Fri, 28 Aug 2015 14:26:29 EST Auditor seeks crackdown on California government cyber security http://businessinsurance.com/article/20150828/NEWS06/150829840 20150828/NEWS06/150829840 California lawmakers should require the state department of technology to conduct a security assessment of each state entity under the direct authority of the government at least every two years and “to authorize it to redirect funds if available... Fri, 28 Aug 2015 12:57:26 EST Risk management software firm names CEO http://businessinsurance.com/article/20150828/NEWS06/150829841 20150828/NEWS06/150829841 Risk management software provider Ventiv Technology Inc., London, has named Stephen Rhee as its CEO. Fri, 28 Aug 2015 12:02:03 EST Ashley Madison parent company CEO quits after infidelity data hack http://businessinsurance.com/article/20150828/NEWS06/150829843 20150828/NEWS06/150829843 (Reuters) — Noel Biderman, the chief executive of infidelity website Ashley Madison's parent company Avid Life Media Inc., has left the company, weeks after hackers launched a cyber assault that leaked sensitive data about millions of clients. Fri, 28 Aug 2015 10:58:48 EST Canadian risk management leader dead at 79 http://businessinsurance.com/article/20150828/NEWS06/150829844 20150828/NEWS06/150829844 William H. McGannon, a Canadian risk management pioneer, has died at the age of 79. Fri, 28 Aug 2015 10:49:07 EST Week in pictures http://businessinsurance.com/article/20150828/NEWS06/150829847 20150828/NEWS06/150829847 Tropical storms, airshow crashes and executive poaching make for a full week at Business Insurance. View the gallery. Fri, 28 Aug 2015 09:54:53 EST Investors in the dark as cyber threat grows http://businessinsurance.com/article/20150828/NEWS06/150829848 20150828/NEWS06/150829848 (Reuters) — Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem. Fri, 28 Aug 2015 09:47:27 EST AIG seeking $1.76 billion in 'life settlements' trial in New York http://businessinsurance.com/article/20150828/NEWS06/150829849 20150828/NEWS06/150829849 (Reuters) — An American International Group Inc. unit on Thursday asked a federal judge to order a Pennsylvania firm to pay it $1.76 billion in damages for allegedly overcharging for life insurance policies acquired from elderly individuals. Fri, 28 Aug 2015 09:19:51 EST