http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Wed, 16 May 2012 09:05:49 EST 10 http://businessinsurance.com/article/20120515/NEWS03/120519906 20120515/NEWS03/120519906 WASHINGTON—More than 200 employers and trade associations have signed a letter urging federal lawmakers to pass legislation that would allow pension plan sponsors to use higher interest rate assumption in valuing plan liabilities, cutting plan... Tue, 15 May 2012 15:29:27 EST http://businessinsurance.com/article/20120515/NEWS06/120519907 20120515/NEWS06/120519907 The first quarter of 2012 was the most active quarter on record in the catastrophe bond market, according to data compiled by New York-based GC Securities, a division of MMC Securities Corp. and an affiliate of reinsurance brokerage Guy Carpenter & Co. L. Tue, 15 May 2012 15:24:33 EST http://businessinsurance.com/article/20120515/NEWS07/120519908 20120515/NEWS07/120519908 Two letter carriers have filed a claim with the Equal Employment Opportunity Commission contending that having to deliver mail to a nudist colony creates a hostile work environment. Tue, 15 May 2012 14:36:37 EST http://businessinsurance.com/article/20120515/NEWS03/120519909 20120515/NEWS03/120519909 While cost increases for families enrolled in employer-sponsored preferred provider organizations have slowed since 2010, average total costs per family still hit an all-time high, according to a report released Tuesday by Seattle-based Milliman Inc. Tue, 15 May 2012 14:17:08 EST http://businessinsurance.com/article/20120515/NEWS07/120519910 20120515/NEWS07/120519910 WASHINGTON—The U.S. Department of Justice has reached settlements with two health care providers who allegedly refused to service people with HIV in violation of the Americans with Disabilities Act. Tue, 15 May 2012 13:38:50 EST http://businessinsurance.com/article/20120515/NEWS04/120519911 20120515/NEWS04/120519911 LONDON—Torus Insurance Holdings Ltd. has named Tim Harris as group chief financial officer, the specialty insurer announced Tuesday. Tue, 15 May 2012 13:21:00 EST http://businessinsurance.com/article/20120515/NEWS08/120519912 20120515/NEWS08/120519912 LAKELAND, Fla.—Cardinal Health Inc. reached an agreement with the U.S. Drug Enforcement Agency over allegations that its Lakeland, Fla., distribution center failed to ensure that controlled substances were not diverted for illegitimate uses. Tue, 15 May 2012 12:23:00 EST http://businessinsurance.com/article/20120515/NEWS07/120519913 20120515/NEWS07/120519913 TAMPA, Fla. (Reuters)—The FBI has opened a probe into trading losses at JPMorgan Chase & Co., stepping up the pressure on the bank after the U.S. Tue, 15 May 2012 11:45:00 EST http://businessinsurance.com/article/20120515/NEWS08/120519914 20120515/NEWS08/120519914 JACKSON, Miss.—Mississippi Gov. Phil Bryant signed into law Monday a workers compensation reform bill that will require claimants to meet a higher burden of proof that their injuries were work-related. Tue, 15 May 2012 11:56:45 EST http://businessinsurance.com/article/20120515/NEWS04/120519916 20120515/NEWS04/120519916 SHANGHAI (Reuters)—China's insurance regulator will allow insurers to invest in a wider range of corporate bonds and relax limits on equity and real estate investment, granting them greater freedom to seek higher returns and play a stronger role in... Tue, 15 May 2012 11:15:00 EST