Heavy rain damages infrastructure in Colombia
Heavy rain caused severe flooding in the municipality of Dabeiba in Antioquia, Colombia, on March 22, damaging 237 buildings.
41% of colleges reduced, stopped employer matching contributions
A survey has found 41% of colleges and universities have either reduced or stopped employer matching contributions, with 53% considering service providers to offer more help getting employees ready for retirement.
Anthem to buy Tennessee home health care service provider
Anthem, Inc. is planning to buy Brentwood, Tenn.-based home health care service provider myNEXUS Inc., which provides support to 1.7 million Medicare Advantage members across 20 states.
Biden expands ACA enrollment by three months
The Biden administration has expanded the special Affordable Care Act health plan enrollment period by three months to Aug. 15.
Insurtech firm receives investment funds from Allianz, Acrew
Pie Insurance Holdings Inc. has raised $118 million in Series C funding with investments from Allianz X, the investment arm of Allianz SE, and Acrew Capital Management Co. LLC leading the round, the insurtech firm announced Thursday.
Outpatient comp costs vary widely by state: WCRI
Workers compensation payments in states with fee schedules tied to Medicare tend to pay less for outpatient hospital care or treatment at ambulatory surgical centers than those without, according to the Workers Compensation Research Institute.
SEC opens inquiry into Wall Street’s SPAC IPO frenzy: Sources
The U.S. Securities and Exchange Commission has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct knowledge of the matter.
Ship blocking Suez Canal could be stuck for weeks
A container ship blocking the Suez Canal like a beached whale may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a new setback for global trade.
HDHPs have ‘limited effect’ in health care spending growth
A study has found that high-deductible health plans have only a limited effect in health care spending growth over time.
HDHPs have limited effect in health care spending growth
A study has found that high-deductible health plans have only a limited effect in health care spending growth over time.
Employees struggle to understand health care costs
An Alegeus Technologies LLC survey reveals that employees are struggling to understand and predict health care costs, with 21% unable to find out out-of-pocket health care costs or determine the optimal contribution amount.
Canada Goose to offer 4-hour paid leave for vaccinations
Canada Goose Holdings Inc. will be offering four hours of paid leave to all its employees across global operations to receive COVID-19 vaccinations.
Career fireman cant sue over cumulative hearing loss
A 30-year fireman does not qualify for permanent partial disability over hearing loss he suffered over years of exposure to loud noises because Louisiana state law requires hearing loss for disability to be attributed solely due to a single traumatic accident.
Teacher cant sue over mold contamination injury: Court
A Tennessee high school vocational teacher cant sue his employer for $21 million over injuries he claims he suffered due to mold exposure because of the exclusive remedy provision of the states Workers Compensation Law, an appellate court ruled Wednesday.
RPS offering home-based business cover
Risk Placement Services Inc. has launched an admitted coverage for home-based businesses underwritten by Axis Insurance Co., the specialty arm of Bermuda-based Axis Capital Holdings Ltd.
Claims software provider Snapsheet raises $30M
Online claims software provider Snapsheet said Thursday that it has raised $30 million in Series E2 financing.
Lloyds could ditch pinstripes after pandemic
When the pandemic is over, the brokers of Lloyds of London could haggle with underwriters from home in their underpants, and ditch their pinstripes at the office.
Pandemic to trigger more civil unrests: Allianz
A report by Allianz Global Corporate & Specialty SE said that the COVID-19 pandemic is likely to trigger more civil unrest globally, resulting in disturbances and losses for businesses.
Abbyson introduces health and wellness program for employees
Abbyson Living, LLC. has introduced a health and wellness program that includes health-focused initiatives that encourage the employees to follow a proper diet, stress management and illness prevention.
68% of voters support public health insurance option: Survey
A survey has found 68% of voters support a public health insurance option and 55% support a Medical for All single-payer plan.