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DOVER, Del.—Aon Consulting Inc. inadvertently revealed the Social Security numbers, dates of birth and genders of about 22,000 retirees from the state of Delaware, the consultant said. Read more: |
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BOSTON—Hurricane Earl caused an estimated $50 million to $150 million in insured losses to onshore properties in the Virgin Islands, St. Martin/St. Maarten and Puerto Rico, catastrophe modeler AIR Worldwide Corp. said Wednesday. Read more: |
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PEORIA, Ill.—Construction equipment maker Caterpillar Inc. is freezing its defined benefit pension plan for nonunion employees and sweetening its 401(k) plan. Read more: |
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WASHINGTON—The Department of Health and Human Services' website lists the names of employers and organizations approved for partial reimbursement of early retiree health care claims under a $5 billion federal program. Read more: |
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WASHINGTON—A House panel has set a hearing to examine the safety of the U.S. egg supply due to an outbreak of salmonella. Read more: |
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TAIPEI, Taiwan, and HONG KONG (Reuters)—Taiwan's Fubon Financial put its name forward on Wednesday as a possible buyer of American International Group Inc.'s Taiwan unit after the collapse of a planned $2.2 billion sale to a Chinese-led group. Read more: |
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HONG KONG (Bloomberg)—China Strategic Holdings Ltd. will consider appealing a decision by Taiwan regulators to reject its $2.15 billion bid for American International Group Inc.'s local unit, CEO Raymond Or said. Read more: |
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DALLAS—Two Dallas Cowboys employees injured in the May 2009 collapse of a practice facility during a thunderstorm will receive about $34 million in a settlement with companies that owned the complex. Read more: |
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The worldwide reinsurance industry is expected to remain profitable this year, but a series of challenges could prompt reinsurers to focus on underwriting discipline, a rating agency said in an analysis released Wednesday. Read more: |
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MADAWASKA, Maine—The Pension Benefit Guaranty Corp. has assumed responsibility for the pension plan of Fraser Papers Ltd. of Madawaska, Maine. Read more: |
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CHICAGO—CNA Financial Corp. said Tuesday that it has completed its deal with Berkshire Hathaway Inc. under which it will cede $1. Read more: |
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WASHINGTON—The federal government has approved about 2,000 applications from employers seeking partial reimbursement of health care costs incurred by early retirees, Health and Human Services Secretary Kathleen Sebelius said Tuesday. Read more: |
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SEATTLE—Approximately 500 striking Coca-Cola Enterprises Inc. workers in Washington state will have their health benefits restored when they return to work Wednesday and contract talks resume, a company spokesman said. Read more: |
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More than one-third of large U.K. employers say they are likely to reduce pension benefits when rules requiring them to automatically enroll employees go into effect in October 2012, according to a survey released Tuesday. Read more: |
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CAPE HATTERAS, N.C. Read more: |
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PHILADELPHIA—CIGNA Corp. is acquiring a European provider of expatriate benefits for an undisclosed sum. Read more: |
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TORONTO—Marsh Canada Ltd. said Tuesday that it has named Gerry Russ as managing director and construction and design practice leader. Read more: |
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DALLAS—U.S. Risk Insurance Group Inc. says it has acquired Sarasota, Fla.-based Unisource Program Administrators to expand its workers compensation footprint. Read more: |
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MIAMI (Bloomberg)—Earl, one of the two strongest hurricanes of the Atlantic season, headed toward the U.S. East coast after passing north of Puerto Rico today packing sustained winds of 135 mph. Read more: |
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SEATTLE—A group of striking Washington Coca-Cola Enterprises Inc. workers have filed a lawsuit claiming their employer terminated their health benefits in violation of the Employee Retirement Income Security Act. Read more: |
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HOUSTON (Bloomberg)—BP P.L.C.' Read more: |
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