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Global Business
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COLUMBUS, Ohio—The Ohio Workers Compensation Council agreed Friday to pay $55,000 to settle religious discrimination charges that three former employees brought against the organization and its director. Read more: |
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Global Business
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ATLANTA (Bloomberg)—The U.S. East Coast has three days to get ready for a possible strike by Hurricane Earl, which has delayed flights in the Caribbean and halted ship loading at a refinery in the U.S. Virgin Islands. Read more: |
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Global Business
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Major U.S. reinsurers reported $12.29 billion in net premiums written for the first half of 2010, a 4.2% decrease from Read more: |
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Global Business
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TAIPEI (Reuters)—Japanese and Qatari investment firms may consider a bid for American International Group Inc.’s Taiwan unit if a current bid for it does not go through, Taiwan's Commercial Times newspaper said on Monday. Read more: |
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Global Business
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Hurricane Katrina's battering of the Gulf Coast five years ago left insurers holding historic catastrophe losses and changed the way they underwrite and prepare for the risk of windstorms and flooding. Read more: |
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Global Business
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GENDER DISCRIMINATION and sexual harassment on the job are not problems limited to women. Men can be victims, too. Read more: |
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Global Business
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More men are alleging sexual harassment in the workplace, a trend many attorneys expect to continue. Read more: |
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Global Business
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EMPLOYERS ONCE AGAIN are setting up cash balance pension plans, as we report on page 3, and we think that is a good development. Read more: |
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Global Business
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NEW YORK—The New York State Supreme Court has awarded Travelers Cos. Inc. $262. Read more: |
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Global Business
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Interim final rules for the appeals and external claims process required by the Patient Protection and Affordable Care Act for nongrandfathered self-insured group health plans Read more: |
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Global Business
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While insurance companies appear to be more conservative in their plans to add staff than they were six months ago, a new study shows that more than 39% of companies plan to increase staff in the next 12 months, with only 15% planning to trim their... Read more: |
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Global Business
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GALT, Iowa—The recall of half a billion eggs tainted by salmonella linked to chicken feed likely will cost hundreds of millions of dollars and ignite further debate over whether food producers should buy product recall insurance, experts say. Read more: |
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Global Business
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SCOTTSDALE, Ariz.—The 20th Annual World Captive Forum promises to continue a tradition of top-quality speakers and educational sessions that give experienced and novice captive sponsors the tools they need to be more effective at their jobs. Read more: |
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Global Business
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Four years after Congress removed a huge roadblock that had threatened to bring a permanent halt to the formation of cash balance pension plans, employers again are setting up the once-popular plans. Read more: |
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Global Business
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HOUSTON—A federal judge soon will decide whether directors and officers liability insurers must continue to pay the legal bills for executives accused of running one of the nation's largest Ponzi schemes. Read more: |
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Global Business
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WASHINGTON—Interim final rules about the appeals and external claims review processes that nongrandfathered self-insured group health plans must follow under new federal law could prove a challenge for many large, multistate employers, some benefit... Read more: |
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Global Business
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CARSON CITY, Nev.—The Nevada insurance regulator's ban on a Vermont-domiciled risk retention group writing first-dollar automobile liability coverage in the state violates federal law, according to the RRG and others in the captive industry. Read more: |
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Global Business
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Gulf Coast risk managers are poorer but wiser five years after Hurricane Katrina, having weathered the high cost of insurance in the aftermath of the catastrophe while learning valuable lessons that have left them better prepared for such storms. Read more: |
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Global Business
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Risk retention groups and state insurance regulators have been at odds over state rights vs. protections of the Liability Risk Retention Act. Disputes include: Read more: |
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Global Business
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Insurers and adjusters are using improved technology and lessons learned from the unprecedented demands of handling claims from Hurricane Katrina to improve the way losses are settled. Read more: |
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Global Business
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The JetBlue Airways Corp. flight attendant who reportedly plunged down an emergency chute, beer in hand, to become an instant symbol of stressed-out workers underscored discussions I heard at a recent conference. Read more: |
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