Ironshore's professional liability arm boosts kidnap and ransom coverage
IronPro, the professional and management liability arm of Hamilton, Bermuda-based insurer Ironshore Inc., has increased its capacity for stand-alone kidnap and ransom coverage for U.S.-based businesses...
View ArticleAuthorities closing in on hackers who stole JPMorgan data
(Reuters) — Federal authorities investigating the data breach at JPMorgan Chase & Co. are confident that a criminal case will be filed against the hackers in the coming months.
View ArticleMcDonald's workers claim hazardous conditions in 19 U.S. cities
(Reuters) — McDonald’s restaurant workers from 19 U.S.
View ArticleGoodwill worker, comp insurer dispute equal protection
A workers compensation insurer did not violate a Colorado man’s right to equal protection under the law when it declined to comply with a request for evidence of any financial contributions between the...
View ArticleStarwood Hotels signs up with private health insurance exchange
Starwood Hotels & Resorts Worldwide Inc. has signed up with Towers Watson & Co. to offer health insurance plans to its 26,000 U.S. employees and dependents through Towers Watson’s private...
View ArticleEmployer, fired HIV-positive worker to settle EEOC bias case
A packaging company has agreed to pay $125,000 to settle Equal Employment Opportunity Commission charges that it violated the Americans with Disabilities Act by firing a worker because he was...
View ArticleEmployers hone in on wellness program success, combating poor work climates
SAN FRANCISCO — Employers' success in improving the overall health and productivity of their workforce through wellness and health management programs may depend greatly on the quality of their...
View ArticleRIMS backs streamlining terrorism classification
The Risk and Insurance Management Society has sent a letter to the Federal Insurance Office, Department of the Treasury in support of simplifying the process by which destructive acts are certified as...
View ArticleIkea to hide-and-seekers: Get lost
Ikea is asking customers to please stop playing hide-and-seek in its stores.
View ArticleOnline guide helps employers battle social engineering scams
Chubb Corp. has created a free guide to help employers understand and prevent social engineering fraud.
View ArticlePremera Blue Cross breached, medical information exposed
(Reuters) — Health insurer Premera Blue Cross said on Tuesday it was a victim of a cyber attack that may have exposed medical data and financial information of 11 million customers in the latest case...
View ArticleJohnson & Johnson risk manager who oversaw Tylenol crisis response dies
Frederick B. Molineux, who was risk manager at Johnson & Johnson during the 1982 Tylenol poisoning crisis, has died in Southport, North Carolina. He was 77.
View ArticleCompany that disregarded safety not covered under CGL policy
An insurer that covered employers under a commercial general liability policy isn’t obligated to indemnify the employers if they’re found liable in an injured worker’s intentional tort claim, the Ohio...
View ArticleSecurities lawsuits against life sciences firms spike in 2014
The number of securities class action lawsuits filed against life sciences companies increased dramatically in 2014, and they accounted for a larger percentage of the total number of class actions...
View ArticleEEOC seeks public comment on existing regulations
The U.S. Equal Employment Opportunity Commission is seeking public comment in connection with a review of whether it should modify, streamline, expand or repeal significant existing regulations, the...
View ArticleAllianz hedges stake in Chinese insurer through deal with Goldman
(Reuters) — Allianz S.E.
View ArticleTarget agrees to pay $10 million to settle lawsuit from data breach
(Reuters) — Target Corp. has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial...
View ArticleWillis Re flood modeling tool targets Canadian risks
Willis Re, the reinsurance arm of Willis Group Holdings P.L.C., on Thursday launched a suite of tools that allows insurers in Canada to identify potential flood exposures.
View ArticleSenate panel takes up cyber insurance issues
A single federal standard for notifying victims of cyber security breaches is preferable to the current patchwork of state laws, an attorney who is also a professor of insurance law told a Senate panel...
View ArticleExotic dancer shot by stray bullet eligible for workers comp
A South Carolina woman who was shot while working as an exotic dancer is an employee, not an independent contractor, and is therefore entitled to workers compensation, the state Supreme Court ruled...
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