Business Insurance

Login  |  Register Subscribe



Regulation Subscribe to RSS feed for 'Regulation'

HHS form for health care reinsurance fee to be available Friday

By: Jerry Geisel

Published October 21, 2014 - 9:54am CST

A long-awaited form employers will use to provide the U.S. Department of Health and Human Services with information regulators will need to calculate the amount of a “reinsurance” fee mandated by the health care reform law will be available online starting Friday, HHS disclosed.

FERMA, audit group release guide on E.U. company law

By: Sarah Veysey

Published October 20, 2014 - 12:00pm CST

BRUSSELS — The Federation of European Risk Management Associations and the European Confederation of Institutes of Internal Auditing on Monday launched a joint best practice guide to help companies respond to E.U. company law.

Workers' compensation rates drop again in Michigan

By: Chris Gautz, Crain's Detroit Business

Published October 15, 2014 - 10:22am CST

Businesses in Michigan are continuing to see savings in their workers compensation rates and have saved more than $277 million since 2011, a fact the state now touts to companies interested in coming to Michigan.

SEC's Piwowar takes a swing at 'broken windows' enforcement policy

Published October 14, 2014 - 3:18pm CST

(Reuters) — A top U.S. Securities and Exchange Commission official said on Tuesday the agency’s the “broken windows” enforcement strategy, of pursuing violations big or small, hinders its ability to set priorities and maintain robust, healthy markets.

Airlines need tough rules to stop battery fires: Global advisory group

Published October 13, 2014 - 4:40pm CST

(Reuters) — An advisory panel has recommended tightening restrictions on bulk shipments of lithium batteries via commercial airplanes, after a fiery crash that pointed to the risks of the volatile batteries on board aircraft.

Deloitte launches global crisis management product

By: Bill Kenealy

Published October 07, 2014 - 10:41am CST

Deloitte Touche Tohmatsu Ltd. announced the launch of the Deloitte Center for Crisis Management on Tuesday.

FDA finalizes cyber risk advice for medical device manufacturers

By: Judy Greenwald

Published October 02, 2014 - 4:30pm CST

The U.S. Food and Drug Administration has finalized recommendations to medical device manufacturers for managing cybersecurity risks to protect patient health and information.

SEC charges two with insider trading on hedge fund's bet on Herbalife

Published October 01, 2014 - 2:44pm CST

(Reuters) — U.S. regulators on Tuesday charged two men with insider trading after they learned that hedge fund manager Bill Ackman was planning to announce a $1 billion bet against Herbalife Ltd. based on a view the company was merely a “pyramid scheme.”

National Council proposes workers comp rate hike for Hawaii in 2015

By: Bill Kenealy

Published October 01, 2014 - 12:26pm CST

The National Council on Compensation Insurance Inc. has proposed a 3.2% rate increase in Hawaii workers compensation advisory rates for 2015.

U.S. Court in Oklahoma rules against ACA subsidies on federal exchange

By: Jerry Geisel

Published October 01, 2014 - 11:42am CST

Another federal court judge has ruled that the IRS overstepped its authority in 2012 rules authorizing government health insurance premium subsides.

Health care provider settles N.Y. charges of substandard care for $200,000

By: Bill Kenealy

Published September 25, 2014 - 12:12pm CST

A health care company has agreed to pay $200,000 in fines to settle charges of providing substandard care to New York prison inmates, New York Attorney General Eric T. Schneiderman said Thursday.

Hospitals' uncompensated care will drop $5.7 billion this year: HHS

By: Virgil Dickson, Modern Healthcare

Published September 25, 2014 - 10:03am CST

The Obama administration has a new projection of the benefit hospitals will enjoy this year as they provide less care that no one pays for: $5.7 billion. Hospitals in states that expanded Medicaid are getting most of it.

FTC letters chide advertisers to make full disclosures in TV, print ads

By: Judy Greenwald

Published September 23, 2014 - 1:16pm CST

The Federal Trade Commission said Tuesday it has sent letters to 60 companies, stating they have failed to make adequate disclosures in their television and print ads.

N.Y. state financial regulator will focus on cyber security

Published September 23, 2014 - 10:42am CST

(Reuters) — New York's financial regulator said on Monday his agency will focus on cyber security over the next year, saying the possibility of a systemic attack to the financial system is one thing that keeps him awake at night.

EEOC faces criticism from House panel studying transparency measures

By: Judy Greenwald

Published September 19, 2014 - 12:55pm CST

The chairman of a House of Representatives subcommittee sharply criticized the U.S. EEOC regarding the agency's transparency and accountability.

Insurance groups hail House approval of capital standards bill

By: Mark A. Hofmann

Published September 17, 2014 - 11:43am CST

Insurance groups are welcoming the House's approval on Tuesday of legislation that would give the Federal Reserve more leeway in determining accounting standards.

DOL proposes rule for more contractor pay transparency

By: JUDY GREENWALD

Published September 15, 2014 - 1:26pm CST

The U.S. Department of Labor announced Monday a proposed rule that would prohibit federal contractors from maintaining pay secrecy policies.

MetLife considers fight against U.S. government's systemic tag

Published September 05, 2014 - 9:34am CST

(Reuters) — Insurer MetLife said it is exploring ways to fight the U.S. government's proposal on Thursday to deem it “systemically important” and subject it to stronger regulatory oversight.

EEOC employer survey due by end of September

By: Judy Greenwald

Published September 03, 2014 - 2:09pm CST

The Equal Employment Opportunity Commission said Wednesday it has completed its mailing of the 2014 EEO-1 survey letters, an annual survey that all private employers with 100 or more workers must fill out.

Oklahoma comp rates to drop another 7.8% in 2015

By: Stephanie Goldberg

Published September 03, 2014 - 12:26pm CST

Oklahoma businesses will see a 7.8% cut in workers compensation loss cost rates in 2015, the Oklahoma Insurance Department said Tuesday.

Pension rules should be updated: Senate Finance Committee chairman

By: Jerry Geisel

Published September 03, 2014 - 12:18pm CST

The chairman of the Senate Finance Committee says it is time to update pension plan rules to ensure greater retirement income security for employees.

EEOC conference offers training to private, public equal opportunity execs

By: Judy Greenwald

Published September 02, 2014 - 1:05pm CST

The U.S. Equal Employment Opportunity Commission has scheduled for Sept. 17 its third annual executive leadership conference, which is designed to meet the professional development needs of senior leaders in the field of equal employment opportunity, the agency said Tuesday.

U.S. loses bid to dismiss ex-AIG CEO's $25B lawsuit over bailout

Published August 26, 2014 - 4:35pm CST

(Reuters) — A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice R. Greenberg, the former chief executive of American International Group Inc.

U.S. inspector wanted reactor shut on quake fears: Report

Published August 26, 2014 - 11:03am CST

(Reuters) — A federal nuclear inspector urged U.S. regulators to shut down a California nuclear power plant until tests showed its reactors could withstand quake shocks.

Allied World to buy RSA insurance operations in Hong Kong and Singapore

By: Mark A. Hofmann

Published August 22, 2014 - 10:29am CST

Allied World Assurance Co. Ltd. unit has reached agreements to acquire Royal & Sun Alliance Insurance P.L.C. Hong Kong and Singapore operations for about $215 million.

More »