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Washington state workers comp rates to increase 0.8% in 2015

By: Sheena Harrison

Published November 25, 2014 - 2:55pm CST

Workers compensation advisory rates for Washington state businesses will increase 0.8% in 2015, the state Department of Labor & Industries said Tuesday.

Suzanne Cureton named RMIA general manager

By: Sarah Veysey

Published November 25, 2014 - 9:43am CST

Suzanne Cureton has been appointed general manager of the Risk Management Institution of Australasia, RMIA announced Tuesday.

Aramark risk manager Debra Rodgers honored

By: Bill Kenealy

Published November 25, 2014 - 9:13am CST

Aramark Corp. risk manager Debra Rodgers last week was awarded the 2014 Distinguished Leadership Award from the Insurance Society of Philadelphia.

Worker can't sue employer's insurer over amputated hand under Texas' opt-out law

By: Sheena Harrison

Published November 24, 2014 - 2:52pm CST

A man who was injured while working for a Texas employer who opted out of the state workers compensation system can't sue the company's liability insurer until his employer's liability toward him has been established.

HHS proposes third-year fee of $27 for ACA reinsurance program

By: Jerry Geisel

Published November 24, 2014 - 10:44am CST

Self-funded employers and other health care plan sponsors would have to pay $27 for each health plan enrollee in the third and final year of the Transitional Reinsurance Program authorized by the health care reform law, federal regulators proposed Friday.

India moves closer to insurance market reforms

Published November 24, 2014 - 9:58am CST

(Reuters) — India's main opposition Congress party signaled on Monday it could support government legislation to liberalize the insurance industry, a long-delayed reform expected to help improve investor confidence.

Airmic welcomes vote to modernize U.K. terrorism reinsurance backstop

By: Sarah Veysey

Published November 24, 2014 - 9:24am CST

Airmic Ltd., the U.K. risk management association, has welcomed a vote by the members of Pool Reinsurance Co. Ltd., the United Kingdom’s government-guaranteed terrorism backstop, to implement changes that it believes will make Pool Re more attractive to insurance buyers.

Construction labor shortage raises safety concerns

By: Bill Kenealy

Published November 23, 2014 - 6:00am CST

NASHVILLE, Tennessee — As a global trend toward urbanization and large infrastructure projects looks to spike demand for services in the coming decades, the construction industry is at a crossroads.

NYC pays ex-fast-food worker $437,000 to settle Big Mac glass case

Published November 21, 2014 - 2:32pm CST

(Reuters) — A former McDonald's worker accused and later cleared of putting glass shards in a police officer's hamburger will be paid a $437,000 settlement by the city of New York, authorities said on Friday.

Grocery wholesaler to pay $735K for allowing racial harassment of workers

By: Judy Greenwald

Published November 20, 2014 - 4:40pm CST

A federal district judge has entered a $735,000 consent decree resolving a race harassment lawsuit, in which the Equal Employment Opportunity Commission charged a Chicago grocery wholesaler with tolerating a racially hostile workplace.

Employers to stick with health plan designs in 2015, add wellness incentives

By: Matt Dunning

Published November 20, 2014 - 3:15pm CST

Very few employers are planning to make drastic changes to their group health benefit plans in 2015, opting instead to add incentives to workplace wellness programs, according to new survey data.

EEOC charges manufacturer for using carpal tunnel tests before hiring

By: Judy Greenwald

Published November 20, 2014 - 2:05pm CST

The U.S. Equal Employment Opportunity Commission on Thursday filed charges against a manufacturer for allegedly inappropriately testing for carpal tunnel syndrome.

Insurers see rates falling up to 15% as competition bites

Published November 20, 2014 - 12:27pm CST

(Reuters) — Competition in the global insurance market is driving commercial rates down by as much as 15%, according to senior industry participants as some look to new revenue boosting products.

AmWINS, CRC, Swett & Crawford form Lloyd's executive risks facility

By: Shelby Livingston

Published November 20, 2014 - 11:50am CST

U.S. wholesale brokers CRC Insurance Services Inc., AmWINS Group Inc., and The Swett & Crawford Group Inc. have formed a new directors and officers program at Lloyd’s of London called the CAS Facility.

Congress urged to consider sanctions on Chinese cyber spies

Published November 20, 2014 - 10:43am CST

(Reuters) — U.S. lawmakers should look into options for punishing cyber-spying and the theft of trade secrets from U.S. companies, a congressional advisory committee on China said on Thursday.

Arizona sues General Motors, says it hid safety defects

Published November 20, 2014 - 9:36am CST

(Reuters) — Arizona filed a lawsuit against General Motors Co., claiming the carmaker put the public at risk by concealing safety defects to avoid the cost of recalls.

Insurance commissioners group's task force to target cyber security

By: Mark A. Hofmann

Published November 19, 2014 - 12:25pm CST

WASHINGTON — The National Association of Insurance Commissioners has created a task force to help coordinate insurance issues related to cybersecurity, the NAIC recently announced.

China says controls on Internet needed to maintain stability

Published November 19, 2014 - 11:08am CST

(Reuters) — Chinese officials called on Wednesday for controls on the Internet to preserve stability, saying its model for cyberspace regulation can be the framework for spawning commercial successes like Alibaba Group Holding Ltd.

U.S. auto safety agency to call for nationwide recall of Takata air bags

Published November 18, 2014 - 5:33pm CST

(Reuters) — The U.S. federal agency overseeing the auto industry called on Takata Corp to make its previously regional air bag recall nationwide.

Request for accommodation by disabled med school applicant exceeds ADA: Court

By: Judy Greenwald

Published November 18, 2014 - 1:22pm CST

A disabled medical school applicant's request for accommodation exceeds what is required under the Americans with Disabilities Act, says a federal appeals court.

EEOC private-sector bias charges decrease in 2014: Report

By: Judy Greenwald

Published November 18, 2014 - 12:13pm CST

The U.S. Equal Employment Opportunity Commission received a total of 88,778 private-sector charges of discrimination in fiscal year 2014, a decrease of about 5,000 from fiscal year 2013's total, according to a report issued by the agency Tuesday.

Obese workers' absenteeism costs U.S. employers $8.65B a year

By: Stephanie Goldberg

Published November 18, 2014 - 11:58am CST

Absenteeism among obese workers in the United States costs employers about $8.65 billion each year, according to a study published in the latest issue of the Journal of Occupational and Environmental Medicine.

GM ignition-switch claims deadline extended to Jan. 31

Published November 17, 2014 - 9:43am CST

(Reuters) — The deadline to file claims under General Motors Co.'s faulty ignition-switch compensation program has been extended by one month to Jan. 31, 2015.

Gallagher expands its directors and officers coverage

By: Shelby Livingston

Published November 14, 2014 - 2:48pm CST

Arthur J. Gallagher, an international division of broker Arthur J. Gallagher & Co., has launched two new insurance policies expanding the coverage of the firm's traditional directors and officers coverage, AJG Absolute.

Hub sells its only Latin American benefits and commercial lines broker

By: Stephanie Goldberg

Published November 14, 2014 - 10:59am CST

Hub International Ltd. has sold Harmonia Corretora de Seguros Ltda., the São Paulo, Brazil-based insurance brokerage it acquired in 2011, to Howden Insurance Brokers Ltd., London-based Howden said Friday.

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