Britain’s BT Group to strip China's Huawei from core networks

(Reuters) — Britain's BT Group said on Wednesday it was removing Huawei Technologies Co. Ltd.'s equipment from the core of its existing 3G and...

USA Gymnastics, reeling from abuse claims, files for bankruptcy

U.S. Olympic gymnast Aly Raisman./ SHUTTERSTOCK.COM (Reuters) — USA Gymnastics, the sport's governing body, filed for bankruptcy on Wednesday, saying that it is staggering under the weight of lawsuits...

Quora says 100 million users hit by security breach

(Reuters) — About 100 million users of Quora were affected by unauthorized access to one of its systems by a “malicious third party,” the...

Risk managers, insurers should heed report’s climate change warnings: experts

A climate report released by the federal government featured dire warnings about the impact climate change will have on different regions and industry sectors...

Pa. ruling in breach suit likely to influence litigation in other...

A pro-plaintiff Pennsylvania Supreme Court decision earlier this month that says employees can pursue a negligence claim against two University of Pennsylvania medical centers...

A merry prank for Ohio insurance agent

A merry group of jolly tricksters lampooned an Athens, Ohio, insurance agent’s sullen holiday spirit by created a scene from “National Lampoon’s Christmas Vacation”...

Opt-out Texas sees dip in employers offering comp coverage: Report

The number of Texas employers who do not carry workers compensation insurance for their employees increased 6 percentage points between 2016 and 2018, according...

Alternative capital in insurance industry hits $95B in first half of...

Alternative capital in the insurance industry reached $ 95 billion in the first half of 2018, according to a report Tuesday from Swiss...

Florida to increase maximum wage for injured workers

The Florida Department of Economic Opportunity announced that the statewide average weekly wage paid to injured workers by employers will be $ 939...

Employer gets no reduction in OSHA fines for financial hardship: Ruling

Flax harvester in North Dakota An administrative law judge of the Occupational Safety and Health Review Commission ordered a flax grain seed handling employer to...

SEC scores knockout on former boxing champion Mayweather, Khaled

Floyd Mayweather Jr./ SHUTTERSTOCK.COM Former boxing champion Floyd Mayweather Jr. has been defeated by a real heavyweight: the U.S. Securities and Exchange Commission. Mr. Mayweather was...

More injured workers forgoing hospital surgeries: WCRI

The Workers Compensation Research Institute found an overall shift away from hospital care in workers comp systems across 18 states, with the trend toward...

Congress adopts 7-day extension for National Flood Insurance Program

The U.S. House of Representatives and the Senate have voted to extend the National Flood Insurance Program through Dec. 7. The heavily indebted program was...

Insurance industry satisfaction rates see modest improvement

Overall customer satisfaction with large commercial insurers has increased somewhat in 2018 compared with 2017, but a significant proportion of commercial insurance buyers remain...

Woolsey Fire costs insurers at least $2.5 billion: AIR

Firefighters hose down the Malibu, California, post office during the Woolsey Fire, Nov. 9, 2018./ REUTERS Insured losses from the Woolsey Fire in southern California...

Undisclosed text message does not bar doctor testimony: Court

The Appellate Division of the Supreme Court of New York ruled Thursday that the state Workers’ Compensation Board abused its power when it eliminated...

Illinois court rules injured worker cannot sue third party

The Illinois Supreme Court ruled Thursday that a custodian who was injured when a desk fell on her can no longer sue the third-party...

Cyber underwriting profitability varies by segment: Report

Cyber underwriting profitability varies by insurance segment, says a Keefe Bruyette & Woods Inc. report issued Friday. Professional liability lines, including cyber coverage, are reporting...

Risk retention group not obligated to indemnify builder

A risk retention group is not obligated to indemnify a construction company because the company failed to follow its insurance policy’s terms, says a...

Hurricane loss mitigation, prevention may also work against tornadoes: FM Global

Loss mitigation and prevention techniques designed for hurricanes or straight-line winds may also be effective against tornadoes, according to a report issued Thursday by...
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