March 2, 2016
Hawaii lawmakers are considering a bill to ban employers from accessing employees’ personal social media accounts. So far, more than 20 states have banned employers from snooping in employees’ personal accounts. About a dozen others are considering similar bills this …
March 2, 2016
The House Financial Services Committee this morning approved a proposal intended to encourage more private insurers to write flood insurance. The committee approved the Flood Insurance Market Parity and Modernization Act (H.R. 2901), which seeks to clarify that private insurance …
March 2, 2016
The U.S. Supreme Court on Tuesday ruled that Vermont cannot compel health insurers to hand over data on the amount paid on medical claims, backing Liberty Mutual Insurance Co’s contention that federal law prohibited such requirements. The court, in a …
March 2, 2016
U.S. hospitals are stepping up their bid to stop Anthem Inc.’s takeover of rival health insurer Cigna Corp., saying the deal will increase the dominance of Blue Cross Blue Shield plans and potentially raise premiums for consumers. The enhanced bargaining …
March 2, 2016
Iran still faces constraints on oil exports as buyers are cautious about boosting trade immediately because of banking and ship insurance difficulties, a senior Iranian oil official said, despite seeing a “tangible” rise in shipments this month. Iran emerged from …
March 2, 2016
Florence Swanson has lived through every American car from the Ford Model T to the Tesla Model S. Now, at 94, she has stepped into what Google hopes will be the automotive future: self-driving vehicles. After her painting of a …
March 2, 2016
Dow Chemical Co.’s agreement to pay $835 million to settle a price-fixing dispute provides evidence that Justice Antonin Scalia’s death is a blow to businesses that have had success recently in challenging class action cases at the U.S. Supreme Court. …
March 2, 2016
Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Greene-Hazel & Associates, Inc., based in Jacksonville, Fla. Terms of the acquisition were not disclosed. Greene-Hazel specializes in providing multi-line insurance including property and casualty, personal lines and …
March 2, 2016
Specialist Lloyd’s underwriter Marketform announced that Darren Lednor, formerly the active underwriter of Ariel Syndicate 1910 and 6117, has joined as chief underwriting officer. Lednor has been working in the insurance industry for 20 years across both the London and …
March 2, 2016
Berkshire Hathaway Specialty Insurance Co. (BHSI) has introduced Professional Firstâ„¢ Asset Management Liability Insurance for mutual funds, alternative funds and asset managers in the Asian market. BHSI describes the coverage as a “comprehensive and clearly worded professional liability, directors & …