Business Insurance - Web News http://businessinsurance.com/section/news http://www.businessinsurance.com en-us Sun, 2 Aug 2015 13:21:47 EST 10 Insurers push back on bank-centric rules, international regulations http://businessinsurance.com/article/20150802/NEWS06/150739945 20150802/NEWS06/150739945 Applying regulations meant for banks to insurers could have adverse effects on insurers and their customers, according to speakers at a Capitol Hill briefing on regulatory policy last week. Sun, 2 Aug 2015 06:00:00 EST Premium tax in U.K. set to rise http://businessinsurance.com/article/20150802/NEWS06/150739946 20150802/NEWS06/150739946 Raising the tax on insurance premiums paid in the United Kingdom could result in rate increases by insurers and coverage reductions by buyers. Sun, 2 Aug 2015 06:00:00 EST Alliance takes on ‘Cadillac’ tax http://businessinsurance.com/article/20150802/NEWS03/150739947 20150802/NEWS03/150739947 Employers, insurers, trade associations and unions that have formed an alliance to convince lawmakers to repeal the health care reform law’s 40% excise tax on costly health plans face an uncertain future in Congress. Sun, 2 Aug 2015 06:00:00 EST Contractor rules expand employer risks http://businessinsurance.com/article/20150802/NEWS06/150739948 20150802/NEWS06/150739948 New Labor Department guidance on classifying workers as employees versus independent contractors is expected to increase litigation against employers. Sun, 2 Aug 2015 06:00:00 EST Wage-and-hour, employment practices hybrid on the rise http://businessinsurance.com/article/20150802/NEWS06/150739950 20150802/NEWS06/150739950 Combining wage-and-hour coverage with employment practices liability insurance is gaining marketplace acceptance and is expected to bolster the former’s popularity. Sun, 2 Aug 2015 06:00:00 EST Employers get creative with light-duty assignments http://businessinsurance.com/article/20150802/NEWS08/150739951 20150802/NEWS08/150739951 When medical restrictions prevent injured employees from returning to work in a light-duty capacity, more employers are looking to outside organizations to accommodate them in the interim. Sun, 2 Aug 2015 06:00:00 EST Anthem-Cigna merger under powerful microscope http://businessinsurance.com/article/20150802/NEWS03/150739952 20150802/NEWS03/150739952 Health insurers Anthem Inc. and Cigna Corp. could struggle to gain regulatory approval of their proposed $54 billion merger, especially if the deal is weighed against other large-scale transactions in the industry. Sun, 2 Aug 2015 06:00:00 EST $2.96 billion in cat bonds issued in first half of 2015 http://businessinsurance.com/article/20150802/NEWS06/150739954 20150802/NEWS06/150739954 The insurance-linked securities market continued to see robust activity in the first half of this year, though it's slightly less than last year's record activity in the alternative reinsurance market. Sun, 2 Aug 2015 06:00:00 EST Canadian Pacific lone holdout to settlement http://businessinsurance.com/article/20150802/NEWS06/150739955 20150802/NEWS06/150739955 Canadian Pacific Railway Ltd. continues to fight a settlement for victims of the July 6, 2013, crash, explosion and fire in Lac-Mégantic, Quebec, that killed 47 people and devastated much of the town. Sun, 2 Aug 2015 06:00:00 EST Breach victims' ruling causes uncertainty http://businessinsurance.com/article/20150802/NEWS06/308029984 20150802/NEWS06/308029984 Businesses face an uncertain legal environment when it comes to litigation filed by consumer data breach victims. Sun, 2 Aug 2015 06:00:00 EST