- Iron Workers local applies for multiemployer pension benefit cuts
Iron Workers Local 17 Pension Fund, Cleveland, is seeking permission to cut benefits for participants, including retirees, as part of a proposed rescue plan awaiting approval from the U.S. Treasury Department.
- Class action and asbestos bill faces presidential veto
President Barack Obama is likely to veto a class action reform bill passed Friday by the House of Representatives if it is sent to him for his signature into law.
- Ex-L.A. Times columnist's bias verdict, $7 million award voided
A trial court judge has dismissed a $7.1 million jury verdict in an age and discrimination lawsuit filed by a former Los Angeles Times columnist on the basis he was never fired by the newspaper.
- Broker EPIC acquires benefits consulting firm
San Francisco-based insurance broker and consultant Edgewood Partners Insurance Center has acquired employee benefits consulting firm Ascende Inc., expanding the broker’s footprint in the Southwest.
- Two drugs to be added to disability guidelines' preauthorization list
Two powerful drugs used to treat injured workers soon will be reclassified as nonformulary drugs by the Work Loss Data Institute, according to the Texas Department of Insurance’s Division of Workers’ Compensation.
- California dismisses safety citations against SeaWorld
California workplace safety regulators have dismissed safety and health citations issued against SeaWorld Parks & Entertainment Inc.
- Canada remains glorious and free of ransomware
While the United States and Canada face a number of similar cyber threats, our friendly neighbors to the north don’t have to deal with the ransomware risk.
- Obama vetoes bill targeting health care employer mandate
President Barack Obama, as expected, Friday vetoed budget legislation that was given final congressional approval earlier this week and would repeal key provisions of the health care reform law.
- Week in pictures
Flooding, fines and a new nose for crime highlight the Business Insurance week in pictures.