Business Insurance - Web News http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Wed, 27 May 2015 00:04:01 EST 10 Thousands of online tax returns illegally accessed http://businessinsurance.com/article/20150526/NEWS06/150529896 20150526/NEWS06/150529896 (Reuters) — IRS Commissioner John Koskinen said on Tuesday there were about 200,000 attempts to illegally access tax information from February to March this year. Tue, 26 May 2015 15:55:04 EST Property/casualty insurers' fourth quarter promising despite net income drop http://businessinsurance.com/article/20150526/NEWS06/150529897 20150526/NEWS06/150529897 U.S. property/casualty insurers fourth quarter 2014 net income dropped 13.8% from that of the same period a year earlier, according to an analysis released Tuesday by Verisk Analytics' ISO unit and the Property Casualty Insurers Association of America. Tue, 26 May 2015 14:39:14 EST Supreme Court rules against Cisco Systems in patent fight http://businessinsurance.com/article/20150526/NEWS06/150529898 20150526/NEWS06/150529898 (Reuters) — The U.S. Supreme Court on Tuesday ruled against Cisco Systems Inc. over a patent infringement claim the tech giant is fighting. Tue, 26 May 2015 14:30:57 EST Illinois governor pushes workers comp reform http://businessinsurance.com/article/20150526/NEWS08/150529899 20150526/NEWS08/150529899 Workers compensation reform bills to advance Illinois Gov. Bruce Rauner's fiscal turnaround plan for the state have been filed in the state House of Representatives and Senate. Tue, 26 May 2015 14:19:06 EST Gallagher's international growth sparks U.K. financial inquiry http://businessinsurance.com/article/20150526/NEWS06/150529900 20150526/NEWS06/150529900 Arthur J. Gallagher, the London-based international operations of broker Arthur J. Gallagher & Co., has acknowledged it is cooperating with Britain’s Financial Conduct Authority on a report about the firm’s operations. Tue, 26 May 2015 14:02:43 EST FMLA lawsuit against Tyson Fresh Meats reinstated http://businessinsurance.com/article/20150526/NEWS06/150529901 20150526/NEWS06/150529901 A U.S. appeals court has reinstated Family and Medical Leave Act claims filed by a former Tyson Fresh Meats Inc. employee in a case in which the employer gave shifting reasons for terminating the worker. Tue, 26 May 2015 13:59:14 EST Health Coverage Tax Credit could be revived http://businessinsurance.com/article/20150526/NEWS03/150529902 20150526/NEWS03/150529902 Employees who lose their jobs due to foreign competition, as well as retirees in failed pension plans, again would be eligible for generous federal health insurance premium subsidies under legislation approved by the U.S. Senate. Tue, 26 May 2015 12:14:37 EST Supreme Court backs military contractor in Iraq whistleblower case http://businessinsurance.com/article/20150526/NEWS06/150529903 20150526/NEWS06/150529903 (Reuters) — The U.S. Supreme Court on Tuesday handed a victory to government contractor KBR Inc. by ruling that a law that extends the time frame for fraud claims committed against the United States during wartime does not apply to civil claims. Tue, 26 May 2015 10:50:23 EST Air France faces probe after jet narrowly avoids mountain http://businessinsurance.com/article/20150526/NEWS06/150529904 20150526/NEWS06/150529904 (Reuters) — French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air... Tue, 26 May 2015 10:48:52 EST Reporting delays tied to higher workers comp claim costs http://businessinsurance.com/article/20150526/NEWS08/150529905 20150526/NEWS08/150529905 Delays in reporting work-related injuries can cause workers compensation claim costs to increase by up to 51%, according to the National Council on Compensation Insurance Inc. Tue, 26 May 2015 10:43:38 EST