Business Insurance - Web News http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Tue, 23 Sep 2014 17:14:01 EST 10 OFF BEAT: Insurer trying to sack former NFL player, reality TV star http://businessinsurance.com/article/20140923/NEWS08/140929948 20140923/NEWS08/140929948 After leaving his mark on professional football and starring on a reality TV show, Tampa, Florida, personal injury attorney Brad Culpepper is making a name for himself in the world of workers compensation fraud. Tue, 23 Sep 2014 16:25:35 EST Private health insurance exchanges expected to boom http://businessinsurance.com/article/20140923/NEWS03/140929949 20140923/NEWS03/140929949 Private health insurance exchanges are poised for rapid growth, according to a new analysis. Tue, 23 Sep 2014 16:00:11 EST Voluntary benefits could hold key to health care reform excise tax http://businessinsurance.com/article/20140923/NEWS03/140929950 20140923/NEWS03/140929950 NATIONAL HARBOR, Maryland. — Some U.S. employers are beginning to use voluntary medical benefit plans to minimize the prospects of sharp health care cost increases in the coming years as a result of health care reform. Tue, 23 Sep 2014 15:04:39 EST New health care tax looms for many employers who don't change plans http://businessinsurance.com/article/20140923/NEWS03/140929951 20140923/NEWS03/140929951 Without design changes to their health care plans, nearly half of large employers could be liable for a federal excise tax created by the health care reform law when it takes effect in 2018, according to a new analysis by Towers Watson & Co. Tue, 23 Sep 2014 15:02:03 EST Barclays takes $77M hit from British and U.S. fines http://businessinsurance.com/article/20140923/NEWS07/140929952 20140923/NEWS07/140929952 (Reuters) — British bank Barclays P.L.C. was hit with a combined $77 million in fines from British and U.S. regulators on Tuesday as the lender continues to be dogged by problems from its past. Tue, 23 Sep 2014 14:50:41 EST Property/casualty groups stress resilience to extreme weather: statement http://businessinsurance.com/article/20140923/NEWS04/140929954 20140923/NEWS04/140929954 A group of property/casualty insurance groups issued a joint statement emphasizing their commitment to risk mitigation and extreme weather resilience. Tue, 23 Sep 2014 14:26:08 EST Tenn. high court denies comp to secretary who claimed PTSD after confrontation http://businessinsurance.com/article/20140923/NEWS08/140929955 20140923/NEWS08/140929955 A Tennessee secretary whose former supervisor allegedly threatened to “shave her dog, sugar her gas tank and burn her house down” isn't entitled to workers compensation benefits despite her post-traumatic stress disorder, the state Supreme... Tue, 23 Sep 2014 14:15:38 EST American Benefits Council asks Washington for simplified retirement approach http://businessinsurance.com/article/20140923/NEWS03/140929956 20140923/NEWS03/140929956 Employers need more flexibility and simplicity in providing retirement and other benefits, officials with the American Benefits Council said Tuesday as they unveiled a strategic plan for where employee benefits should be in 2020. Tue, 23 Sep 2014 13:44:44 EST FTC letters chide advertisers to make full disclosures in TV, print ads http://businessinsurance.com/article/20140923/NEWS07/140929957 20140923/NEWS07/140929957 The Federal Trade Commission said Tuesday it has sent letters to 60 companies, stating they have failed to make adequate disclosures in their television and print ads. Tue, 23 Sep 2014 13:16:29 EST Magnetek offers pension plan participants lump sum conversion option http://businessinsurance.com/article/20140923/NEWS03/140929958 20140923/NEWS03/140929958 Magnetek Inc. disclosed Tuesday that it is offering to 35% of its 8,000 defined benefit pension participants the option to convert their monthly annuity benefit to a cash lump benefit. Tue, 23 Sep 2014 13:13:38 EST