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Most Emailed Specialty Risks News

76% of IT decision-makers predict cloud applications will be breached: Survey

Published May 11, 2012 CST

SAN JOSE, Calif.—More than three-quarters of information technology decision-makers predict their cloud applications are likely to be breached, according to a survey of 1,300 officials in 13 countries by Cisco Systems Inc.

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.

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.

Asbestos trust funds needs greater transparency to prevent fraud: Witnesses

Published May 10, 2012 CST

WASHINGTON—The congressionally created system of asbestos trust funds needs greater transparency to prevent potential fraud, a series of witnesses told a House panel Thursday.

Property/casualty insurance rates up 3% in April: MarketScout

Published May 04, 2012 CST

The composite rate for commercial property/casualty and professional lines coverage increased an average of 3% in April 2012 compared with the same month a year ago, MarketScout said Friday.

OFF BEAT: Sheriff fires employees for 'liking' his opponent on Facebook

Published May 09, 2012 CST

Clicking that “like” button Facebook can get you fired. At least that is the experience of a worker in the sheriff's office in Hampton, Va., who clicked on the like button of an opponent to Sheriff B.J. Roberts' 2009-re-election bid, according to news reports.

Judge lets Fruit Roll-Ups lawsuit proceed

Published May 11, 2012 CST

SAN FRANCISCO (Reuters)—General Mills Inc. must defend a lawsuit that claims the food company deceived consumers into believing its Fruit Roll-Ups and Fruit by the Foot snacks are made with real fruit.

Pharmaceutical sales reps exempt from FLSA overtime rules: Court

Published May 10, 2012 CST

CHICAGO—An appellate court has ruled that pharmaceutical firms are exempt from paying their sales representatives overtime under the administrative exemption to the Fair Labor Standards Act's overtime requirements.

OFF BEAT: Nudist colony deliveries too up close and personal for letter carriers

Published May 15, 2012 CST

Two letter carriers have filed a claim with the Equal Employment Opportunity Commission contending that having to deliver mail to a nudist colony creates a hostile work environment.

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.

Company settles age discrimination lawsuit with EEOC for $400,000

Published May 14, 2012 CST

DALLAS—Central Freight Lines Inc. has agreed to settle an age discrimination lawsuit brought by the Equal Employment Opportunity Commission on behalf of eight former dockworkers for $400,000, the agency said.

PERSPECTIVES: Chinese drywall ‘crisis': Its impact on insurers and the future of litigation

Published May 11, 2012 CST

The “Chinese drywall crisis” hit when the southeastern United States suffered a shortage of building materials after several major hurricanes. Andrea Cortland, an associate in the global insurance group at Cozen O'Connor, looks back at the predictions made about insurance companies concerning drywall and how the crisis changed the industry.

Penn State's assistant coach McQueary plans to sue university

Published May 10, 2012 CST

STATE COLLEGE, Pa.—Pennsylvania State University assistant football coach Michael J. McQueary this week filed notice of his intention to bring a lawsuit against the university in connection with the child sexual abuse allegations against former assistant football coach Gerald A. Sandusky.

Risk management in nursing helps avoid claims

Published February 26, 2012 CST

Good communications with patients and their families, staying up to date on practices and procedures, and adequate documentation are among the risk management steps nurses must take to avoid claims and defend themselves should they be sued.