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Most Emailed Mid-Market Executive News

Average PPO cost per family hits all-time high: Milliman

Published May 15, 2012 CST

While cost increases for families enrolled in employer-sponsored preferred provider organizations have slowed since 2010, average total costs per family still hit an all-time high, according to a report released Tuesday by Seattle-based Milliman Inc.

Workers compensation market 'conflicted' despite economy's rebound: NCCI

Published May 10, 2012 CST

While workers compensation insurer premium growth shows “that the worst of the recession has passed,” the insurance market for injured-employee coverage “remains in a worrisome state,” NCCI Holdings Inc. reported Thursday.

More employers offering wellness initiatives: Study

Published May 11, 2012 CST

While more companies are turning to wellness programs to curb employee medical costs and improve their workers' general health, relatively few are measuring the actual return on investment those programs generate, according to a study by the Brookfield, Wis.-based International Foundation of Employee Benefit Plans.

Unifirst could be fined $186,000 for 'willful,' 'serious' safety violations at plant

Published May 11, 2012 CST

WEST CALDWELL, N.J.—A Massachusetts-based uniform and laundry services company could be forced to pay $186,000 for a number of “serious” and “willful” safety and health violations at one of its facilities, according to federal workplace safety officials.

Beazley offers data breach protection to small firms

Published May 11, 2012 CST

FARMINGTON, Conn.—Beazley P.L.C. has announced the launch of a data breach protection service for smaller firms.

Average Calif. workers comp indemnity hits $66,922 in 2011: Institute

Published May 04, 2012 CST

OAKLAND, Calif.—The average cost of a California workers compensation indemnity claim edged up slightly to reach a record high of $66,922 for 2011, a California Workers' Compensation Institute bulletin states.

Contractual risk transfer provisions being challenged

Published April 29, 2012 CST

Well-established contractual risk transfer provisions used by construction contractors are being challenged by changes in state laws and additional insured endorsements contained in commercial general liability policies.

Allied World Bermuda offers enhanced Side A directors and officers coverage

Published May 10, 2012 CST

PEMBROKE, Bermuda—Allied World Bermuda has launched a directors and officers liability policy that provides broad Side A coverage for nonindemnified losses.

Commercial property/casualty market has turned: Council president

Published May 08, 2012 CST

Pricing for commercial property/casualty insurance accounts increased an average of 4.4% during the first quarter this year compared with the same period last year, according to a survey released Tuesday by the Council of Insurance Agents & Brokers.

Mississippi governor signs workers compensation reform bill

Published May 15, 2012 CST

JACKSON, Miss.—Mississippi Gov. Phil Bryant signed into law Monday a workers compensation reform bill that will require claimants to meet a higher burden of proof that their injuries were work-related.

Wrap-up insurance offers additional protection

Published April 29, 2012 CST

Contractor-controlled insurance programs, also known as “wrap-ups,” can ensure that all companies involved in a construction project have adequate liability protection, even in states with anti-indemnity laws, insurance experts say.

N.J. governor vetoes state health insurance exchange legislation

Published May 11, 2012 CST

TRENTON, N.J.—New Jersey Gov. Chris Christie on Thursday vetoed legislation, that would create a state health insurance exchange where insurers could provide coverage to individuals and small employers.

EEOC to publish discrimination charge statistics online

Published May 14, 2012 CST

WASHINGTON—The U.S. Equal Employment Commission said Monday it is making its private sector workplace discrimination charge statistics for each of the 50 states and U.S. territories available online for fiscal years 2009-2011.

ACE USA launches enhanced pollution liability product for public entities

Published May 11, 2012 CST

PHILADELPHIA—ACE USA has introduced an enhanced pollution liability insurance product covering environmental risks for public and educational entities, the division of ACE Group Holdings Inc. announced Wednesday.