Business Insurance - Web News http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Sat, 1 Nov 2014 09:03:34 EST 10 OFF BEAT: Mother-daughter grave disagreement leads to demolition derby http://businessinsurance.com/article/20141031/NEWS07/141039956 20141031/NEWS07/141039956 Mothers and daughters don't always see eye to eye. And the mother-daughter duo that allegedly crashed into each other's vehicles in the middle of a cemetery is apparently no exception. Fri, 31 Oct 2014 15:49:41 EST AIG to pay $35M fine: New York insurance regulator http://businessinsurance.com/article/20141031/NEWS04/141039957 20141031/NEWS04/141039957 (Reuters) - Insurer American International Group Inc. Fri, 31 Oct 2014 15:12:45 EST FMLA suit of worker fired after returning from leave reinstated http://businessinsurance.com/article/20141031/NEWS07/141039958 20141031/NEWS07/141039958 A federal appeals court has reinstated a Family and Medical Leave Act lawsuit filed by a worker who was fired nine days after returning from FMLA leave, allegedly in part for being about five minutes late for work for a few days. Fri, 31 Oct 2014 15:05:14 EST Virgin Galactic spaceship crashes during California test flight http://businessinsurance.com/article/20141031/NEWS07/141039959 20141031/NEWS07/141039959 (Reuters) — A suborbital passenger spaceship being developed by Richard Branson's Virgin Galactic crashed during a test flight on Friday at the Mojave Air and Space Port in California, the company said. Fri, 31 Oct 2014 14:59:11 EST UBS cannot arbitrate vs. Nasdaq over Facebook IPO: Court http://businessinsurance.com/article/20141031/NEWS07/141039961 20141031/NEWS07/141039961 (Reuters) — A divided U.S. appeals court rejected UBS A.G.’s bid to force Nasdaq OMX Group Inc. to arbitrate a dispute over the exchange operator’s alleged “catastrophic mismanagement” of Facebook Inc. Fri, 31 Oct 2014 14:34:29 EST Dignity Health hospital system settles whistleblower suit for $37M http://businessinsurance.com/article/20141031/NEWS07/141039962 20141031/NEWS07/141039962 The San Francisco-based Dignity Health hospital system has agreed to pay $37 million to settle charges in a whistleblower suit that 13 of its hospitals in California, Nevada and Arizona knowingly submitted false claims to Medicare and Tricare by... Fri, 31 Oct 2014 13:46:32 EST Home Depot breach cost credit unions twice as much as Target hack: Survey http://businessinsurance.com/article/20141031/NEWS07/141039963 20141031/NEWS07/141039963 The Home Depot Inc. credit breach cost credit unions $57.4 million to reissue cards, deal with fraud and cover other costs — nearly double the cost of the Target Corp. breach last year, according to a survey taken earlier this month. Fri, 31 Oct 2014 12:42:51 EST Surveillance footage can be used in Iowa comp claim proceedings http://businessinsurance.com/article/20141031/NEWS08/141039964 20141031/NEWS08/141039964 Companies that collect surveillance footage of injured workers must be prepared to release such footage during discovery in workers compensation litigation, the Iowa Court of Appeals has ruled. Fri, 31 Oct 2014 12:35:47 EST Revised rules for Florida workers comp adjudications take effect in November http://businessinsurance.com/article/20141031/NEWS08/141039965 20141031/NEWS08/141039965 A revised set of Florida rules for workers compensation claim adjudications will take effect next month, according to the state’s Office of the Judges of Compensation Claims. Fri, 31 Oct 2014 12:31:59 EST U.S. judge tosses Paramount movie financing fraud case after trial http://businessinsurance.com/article/20141031/NEWS07/141039966 20141031/NEWS07/141039966 (Reuters) — Paramount Pictures won the dismissal Thursday of a lawsuit by investors in a slate of mid-2000s movies including “Mean Girls” who said the studio concealed a risky business strategy in obtaining $40 million in financing. Fri, 31 Oct 2014 10:58:46 EST