Business Insurance - Web News http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Fri, 29 Apr 2016 03:05:20 EST 10 House vote to encourage private flood insurance wins praise http://businessinsurance.com/article/20160428/NEWS06/160429780 20160428/NEWS06/160429780 Insurers and other groups praised Thursday’s vote by the U.S. House of Representatives in favor of the Flood Insurance Market Parity and Modernization Act. Thu, 28 Apr 2016 15:52:00 EST House OKs bill blocking Labor Department pension fiduciary rules http://businessinsurance.com/article/20160428/NEWS03/160429781 20160428/NEWS03/160429781 The House of Representatives Thursday approved legislation to block enforcement of final Labor Department pension fiduciary rules. Thu, 28 Apr 2016 15:44:30 EST 'Anonymous' leaks stolen Kenyan foreign ministry documents http://businessinsurance.com/article/20160428/NEWS06/160429782 20160428/NEWS06/160429782 (Reuters) — Online activists who claim ties to Anonymous said on Thursday they had begun to leak documents from Kenya's foreign ministry as part of a campaign to expose government and corporate corruption across Africa. Thu, 28 Apr 2016 14:39:47 EST Arch profit down on foreign exchange http://businessinsurance.com/article/20160428/NEWS06/160429783 20160428/NEWS06/160429783 Arch Capital Group Ltd. on Thursday reported a sharply lower profit in the first quarter due to the effects foreign exchange. Thu, 28 Apr 2016 14:36:58 EST IRS sets 2017 HSA contribution limits http://businessinsurance.com/article/20160428/NEWS03/160429784 20160428/NEWS03/160429784 The maximum contributions that can be made to health savings accounts in 2017 will increase $50 for individuals, but remain unchanged for families. Thu, 28 Apr 2016 14:33:35 EST Third-biggest gold producer says computer network hit by hackers http://businessinsurance.com/article/20160428/NEWS06/160429785 20160428/NEWS06/160429785 (Reuters) — Canada’s Goldcorp Inc. confirmed on Thursday that its computer network had been “compromised” and the gold mining company was working to determine the scope and impact of the data breach. Thu, 28 Apr 2016 14:32:27 EST Passwords remain the weakest links in cyber breaches http://businessinsurance.com/article/20160428/NEWS06/160429786 20160428/NEWS06/160429786 A total of 89% of cyber breaches had a financial or espionage motive, says Verizon Communications Inc. in a report issued Wednesday. Thu, 28 Apr 2016 14:29:49 EST Global health care costs predicted to balloon in 2016 http://businessinsurance.com/article/20160428/NEWS03/160429787 20160428/NEWS03/160429787 Led by double-digit increases in the Americas and the Middle East and Africa, global health care costs are expected to jump in 2016, according to a new survey. Thu, 28 Apr 2016 14:17:26 EST Cost of common health care procedures vary widely by locale http://businessinsurance.com/article/20160428/NEWS03/160429790 20160428/NEWS03/160429790 The cost of more than 200 health care procedures, such as knee replacements and pregnancy ultrasound tests, varies enormously by geography, according to a new study Thu, 28 Apr 2016 14:10:06 EST Employers can take steps to improve employee cancer treatment http://businessinsurance.com/article/20160428/NEWS03/160429791 20160428/NEWS03/160429791 The New York-based Northeast Business Group on Health this week released a report that aims to help employers navigate the costly realm of employee cancer care, while also ensuring employees with a cancer diagnosis receive quality care. Thu, 28 Apr 2016 13:53:40 EST