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Global Business
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As if the New York Mets don't have enough problems with their slide in the National League East standings, an exploding bat has sent an injured fan to court. Read more: |
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Global Business
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After years in which annual group health care plan cost increases have held steady in the 6% to 7% range, large employers are expecting much bigger increases in 2011, according to a survey released last week. Read more: |
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Global Business
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A Wisconsin priest may have God on his side, but he had Best Buy Co. beating on his door when the electronics retail giant ordered him to stop driving his Volkswagen Beetle with his God Squad logos on it. Read more: |
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Global Business
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Employers that want to get the most out of their investments in employee benefit programs will want to consider how and where their dollars are being spent and the effect on worker health and productivity, according to a new white paper published by... Read more: |
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Global Business
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BURLINGTON, Vt.—Captive fronting arrangements and their associated reinsurance agreements involve numerous details that need to be managed effectively and often discussed thoroughly at the beginning of the relationship, experts say. Read more: |
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Global Business
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BURLINGTON, Vt.—This year's annual conference of the Vermont Captive Insurance Assn. drew approximately 1,200 attendees to Burlington, Vt. Read more: |
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Global Business
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Most of the nation's leading health insurers posted higher revenues and sizable profits during the first half of 2010 despite commercial enrollment declines due to the weak economy. Read more: |
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Global Business
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BURLINGTON, Vt.—Employers have to meet regulatory requirements before they can use their captive insurance companies to fund employee benefit risks, experts say. Read more: |
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Global Business
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Although a federal appeals court recently overturned a District of Columbia law that gave pharmacy benefit managers fiduciary status, lawmakers in more than a dozen states have passed some form of legislation regulating PBMs. Read more: |
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Global Business
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BURLINGTON, Vt. Read more: |
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Global Business
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Experts say the number of cost-conscious companies considering mail-order programs for prescription drugs is growing, but experts also say the approach is not always the cheapest option. Read more: |
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Global Business
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WASHINGTON (Bloomberg)—Kenneth Feinberg, administrator of the Gulf Coast Claims Facility, said he intends to issue emergency payment checks to individuals within 24 hours of an application for losses tied to the BP P.L.C. oil spill. Read more: |
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Global Business
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ITHACA, N.Y.—Cornell University says it will extend health care coverage on Sept. 1 to all adult children up to age 26 of employees enrolled in its self-funded health care plan, four months before the new health care reform law requires it do so. Read more: |
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Global Business
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LONDON (Bloomberg)—BP P.L.C. fired back at Transocean Ltd. in a dispute over the withholding of information about possible causes of the Gulf oil spill. Read more: |
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Global Business
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SAN JOSE, Calif.—American Medical Assn. Guides are not absolute and doctors may apply “clinical judgment” to rate the percentage of permanent disability loss suffered by injured workers, a California appellate court has ruled. Read more: |
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Global Business
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WASHINGTON (Reuters)—The federal government's $700 billion bailout of the financial system still may be politically toxic, but there is some good news for those who voted for the program: The taxpayer bill continues to drop. Read more: |
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Global Business
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NEW YORK (Reuters)—Those seeking a settlement from the BP P.L.C. $20 billion compensation fund may have to waive their rights to sue all major defendants involved with the Gulf of Mexico oil spill, not just BP, the New York Times reported on Friday. Read more: |
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Global Business
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Potential damage from wind, storm surge and inland flooding in Caribbean countries could increase economic losses to between 2% to 9% of gross domestic product by 2030, according to preliminary results of a study published by the Caribbean Catastrophe... Read more: |
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Global Business
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DETROIT—Funding of General Motors Co.’s pension plans has improved slightly since the end of last year, but its unfunded pension liabilities remain massive, according to a Wednesday filing with the U.S. Securities & Exchange Commission. Read more: |
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Global Business
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COLUMBUS, Ohio—Even through a hospital worker was fired due to sexual harassment allegations, he is not barred from collecting workers compensation benefits, an Ohio appeals court ruled. Read more: |
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Global Business
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ALBANY, N.Y. (Bloomberg)—New York Attorney General Andrew Cuomo subpoenaed American International Group Inc. as part of a fraud investigation focusing on life insurers' retention of death benefits, said two people briefed on the demands. Read more: |
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