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.
View ArticleCredit 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.
View ArticleStandard 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.
View ArticleUtah, 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.
View ArticleTax 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.
View ArticleConstructing a successful business continuity plan
Being prepared is the cornerstone of having a business continuity plan regardless of the size of a company.
View ArticleJewel-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...
View ArticleCIA 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...
View ArticleFood 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.
View ArticleFast-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...
View ArticleMedical 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.
View ArticleWorkers 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’...
View ArticleFormer 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...
View ArticleCyber 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.
View Article2015 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.
View ArticleRisk 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.
View ArticleCrisis 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.
View ArticleCompanies 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.
View ArticleRisk managers can share their expertise with Business Insurance
The Business Insurance Risk Management Insights Panel is open for membership.
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