- Son of worker killed carpooling not eligible to receive death benefits
The son of a gas line worker who was killed in an auto accident while carpooling home from work is not eligible for death benefits, the Arkansas Court of Appeals has ruled.
- Retirees sue Weyerhaeuser over terminated health benefits
Forest-products manufacturer Weyerhaeuser Co. violated earlier promises to its retired employees by first cutting and then terminating health benefits for several thousand retirees, according to a lawsuit filed in federal court.
- Whistleblower gets $17 million for aiding SEC
The agency’s second-highest whistleblower award went to a former company employee whose detailed tip “substantially advanced” an investigation.
- U.S. insurers praise bill governing international regulation attempts
Three property/casualty insurance industry groups as well as the U.S. Chamber of Congress have written a letter to Rep. Blaine Luetkemeyer, R-Mo., in support of his bill concerning international regulation of U.S. insurers.
- The BI Top 10
A look at the mental health of Swiss executives and a recent hire at JLT Re are among Business Insurance’s top 10 most read features.
- Stormy weather
Winds are raging and flood waters rising in the Business Insurance week in pictures.
- New Zurich CEO starts overhaul by combining businesses
Mario Greco is counting partly on the integration of life and general businesses to turn around Switzerland’s biggest insurer.
- Moody's, S&P downgrade state again on budget, pension concerns
Moody’s Investors Service Inc. has downgraded Illinois’ credit to Baa2 from Baa1, while Standard & Poor’s Corp. lowered its rating to BBB+ from A-.
- Quake payouts reach $2.56 billion
The General Insurance Association of Japan said that insurance payouts for damage to dwellings from the April earthquakes in Kumamoto Prefecture have reached a total of $2.56 billion, reported Artemis.bm.