- Teamsters multiemployer pension plan may cut benefits
One of the nation’s biggest and best-known multiemployer pension plans says it is considering cutting promised benefits in order to survive.
- Trader settles futures manipulation claims for $500,000
(Reuters) — A former trader at the broker-dealer unit of MF Global Holdings Ltd. will pay $500,000 to resolve claims that he tried to manipulate palladium and platinum futures prices, a U.S. regulator said on Friday.
- Lawsuit reinstated over Bieber's, Usher's 'Somebody to Love' recordings
A federal appeals court has reinstated a copyright infringement case against singers Justin Bieber and Usher filed by a composer over Mr. Bieber’s hit song, “Somebody to Love.”
- Insurers getting boost in health reform-related reimbursements
Aided by a better-than-expected claims experience, federal regulators are boosting reimbursements provided to insurers under a program created by the health care reform law.
- South Dakota workers compensation rate to drop
South Dakota employers will see an 8.9% decrease in its voluntary market loss cost workers compensation rate as of July 1, according to the National Council on Compensation Insurance Inc.
- Distracted walking injuries threaten worker safety
Distracted walking injuries are on the rise and pose a threat to workplaces, National Safety Council President and CEO Deborah A.P. Hersman said.
- Employer group wants new health out-of-pocket expense rule scrapped
The ERISA Industry Committee is asking regulators to withdraw a recent “clarification” of health reform law rules that place new limits on how much in out-of-pocket expenses employers with high-deductible plans can require employees to pick…
- News Corp. must face ad monopoly class action
(Reuters) — News Corp. has been ordered by a Manhattan federal judge to face a class action lawsuit accusing it of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States.
- Insurance agency liable for fraudulent comp premium payments
A New York appellate court has found an insurance agency liable for $220,000 in fraudulent workers compensation premium payments a company paid at the instruction of one of its former agents.