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Global Business
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BARCELONA, Spain—Companies should develop a clear, written policy on the use of social networking sites to shield themselves from increasing liability related to the sites, a panel of legal experts said. Read more: |
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Global Business
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WHEN THE NATION'S unemployment rate remains in the 9.5% range, passing legislation to extend unemployment benefits for a few more months would seem to be a slam-dunk proposition. Read more: |
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Global Business
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COLUMBUS, Ohio—American International Group Inc.'s recent $725 million settlement reached with three Ohio pension plans resolves another legal distraction but has raised questions about the plans for funding the pact. Read more: |
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Global Business
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THE CONTROVERSY OVER contingent commissions among large insurance brokers continues, after last week's announcement by Aon Corp. that it will resume taking the payments. Read more: |
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Global Business
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COLUMBIA, S.C.—American International Group Inc. policyholders can proceed with a lawsuit alleging that underreporting of workers compensation premiums by the insurer harmed them, South Carolina's Supreme Court has ruled. Read more: |
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Global Business
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An increase in pharmaceuticals dispensing by doctors in several states is likely driving up workers compensation costs, experts say. Read more: |
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Global Business
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For employers worried about their workers being a bit too hasty to send an e-mail in the heat of the moment, there is a new product designed to give these employees pause. Read more: |
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Global Business
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LONDON—A U.K. High Court judge has refused a motion to stay contempt of court proceedings against a senior London market energy broker involved in a noncompete dispute between units of Marsh & McLennan Cos. Inc. and Aon Corp. Read more: |
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Global Business
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The New York Knicks' new $100 million man, power forward Amar'e Stoudemire, can be an unstoppable force on the court, but a lack of insurance on his contract will keep him from competing in next month's FIBA World Championships. Read more: |
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Global Business
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Each Raytheon Co. facility prominently displays a “safety performance chart” published quarterly to show how the site's injury rate ranks against others within the corporation. Read more: |
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Global Business
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An in-depth evaluation has produced a list of 54 insurance industry companies to be recognized in this year's Business Insurance Best Places to Work in Insurance program. Read more: |
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Global Business
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Instead of rewarding workers and departments that avoid industrial accidents with pizza parties and cash, experts say companies need to overhaul their incentive programs to create safer workplaces. Read more: |
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Global Business
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The soft property/casualty insurance market continued through the second quarter of the year and there is no sign that the buyers' market will end anytime soon, according to a survey released last week by the Risk & Insurance Management Society Inc. Read more: |
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Global Business
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CHICAGO—Aon Corp. last week ended its silence on whether it would collect contingent commissions, saying it would again accept the controversial payments in some cases. Read more: |
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Global Business
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ALBANY, N.Y. (Bloomberg)—New York Attorney General Andrew Cuomo reopened his probe of former American International Group Inc. executive Joseph Cassano after federal authorities closed theirs, according to a person familiar with the matter. Read more: |
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Global Business
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HOUSTON (Reuters)—The approach of Tropical Storm Bonnie on Friday forced BP P.L.C. to halt efforts to permanently plug a gushing oil leak in the Gulf of Mexico, sending ships and workers retreating to safety. Read more: |
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Global Business
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The average cost of group health insurance premiums for family coverage in the nation’s 10 largest states was highest in New York and lowest in Ohio, according to a new analysis. Read more: |
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Global Business
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WASHINGTON—Several federal legislators are asking the Government Accountability Office to study regulation of risk retention groups by states in which the groups operate but are not licensed. Read more: |
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Global Business
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ATLANTA (Bloomberg)—Altria Group Inc.'s Philip Morris USA unit and other U.S. cigarette makers lost an appeal affecting about 4,000 Florida smoker suits in federal court. Read more: |
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Global Business
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WASHINGTON (Bloomberg)—Kenneth Feinberg, the Obama administration's special master on executive compensation, called on 17 bailed-out financial firms including American International Group Inc. and Goldman Sachs Group Inc. Read more: |
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Global Business
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NEW YORK (Bloomberg)—Goldman Sachs Group Inc. told U.S. investigators which counterparties it used to hedge the risk that American International Group Inc. would fail, according to three people with knowledge of the matter. Read more: |
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