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Tax reforms could target benefits offered by employers

NEW YORK — The tax treatment of employer-provided health benefits could be affected by future tax reform, according to a veteran Washington lobbyist.

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Insider trading plea in question after major ruling

(Reuters) — U.S.

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Credit unions battle their regulator over cyber security

(Reuters) — A common question asked of people in positions of power is what keeps them up at night.

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Standard market limits risk retention groups

Risk retention groups continue to provide an effective way for employers to band together to form group captives even though their ranks have thinned in recent years.

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Utah, Delaware lead U.S. in new formations

Captive formations have been proceeding at a rapid clip in Utah, Delaware, North Carolina, Tennessee and Oklahoma — the five U.S. domiciles with the fastest captive growth last year.

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Tax court victories boost captives

The owners of captive insurers have scored major victories in cases against the IRS, but they still face uncertainties on several fronts.

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Constructing a successful business continuity plan

Being prepared is the cornerstone of having a business continuity plan regardless of the size of a company.

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Jewel-Osco gets stiff fine in unique EEOC case

A federal court-imposed fine of $400,000 against the Jewel-Osco supermarket chain to compensate the Equal Employment Opportunity Commission for attorneys' fees in connection with the chain's alleged...

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CIA sought to hack Apple iPhones from earliest days

(Reuters) — CIA researchers have worked for nearly a decade to break the security protecting Apple phones and tablets, investigative news site The Intercept reported on Tuesday, citing documents...

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Food industry point-of-sale vendor hacked

A point-of-sale technology vendor that specializes in the food industry may have had a data security breach, says the company's president.

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Fast-changing security threats overwhelming IT managers

(Reuters) — Security professionals are unable to keep pace with cyber security threats against companies as external and internal threats mushroom from both known and emerging technologies, a survey...

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Medical association reports stolen hard drives

Data on 39,090 people insured through the Indiana State Medical Association was on two archive backup hard drives that were stolen Feb. 13, the group said.

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Workers comp study shows cuts to California’s surgery center costs

Recent California workers compensation reforms have lowered payments to ambulatory surgery centers for workers comp medical procedures by 29%, according to a study by the California Workers’...

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Former RSA Ireland CFO says was afraid to blow whistle on under-reserving

(Reuters) — A former senior executive at RSA Ireland said on Thursday he did not feel the insurer’s top bosses in London would have supported him if he had tried to blow the whistle on the Irish unit...

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Cyber insurance uptake increased in 2014

The number of U.S.-based Marsh L.L.C. clients who purchased stand-alone cyber insurance for the first time increased 32% in 2014 vs. 2013, the New York-based brokerage said in a report issued Thursday.

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2015 Risk Management Summit highlights cyber terrorism, international risk

In our latest In Focus video, senior risk managers, leaders and innovators convene for the Business Insurance two-day networking and educational conference in New York City.

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Risk managers to collaborate with London insurers to cover evolving risks

Risk managers have pledged to work more closely with underwriters in the London market to develop insurance to cover emerging risks, such as cyber breaches and supply chain disruptions.

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Crisis response teams form critical part of cyber security planning

NEW YORK — Instituting a detailed plan to stem damage when a data breach occurs is essential to corporate cyber security, as is controlling access to data among employees and outside providers.

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Companies under threat in more dangerous world

NEW YORK — The world situation is “a little bit depressing,” the former chairman of the U.S. House Intelligence Committee said.

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Risk managers can share their expertise with Business Insurance

The Business Insurance Risk Management Insights Panel is open for membership.

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