Insurance

Houston-area residents ordered indoors after chemical plant fire

Houston-area residents ordered indoors after chemical plant fire

(Reuters) — Residents of two Houston-area cities were told to stay indoors, and schools in six communities were closed on Thursday due to air pollution by a cancer-causing c...

Employee allegedly checks out on returning to work

Employee allegedly checks out on returning to work

Authorities in Connecticut are considering this a check in the box on workers compensation fraud. A school board employee in Windsor, Connecticut, has been charged after an i...

Aluminum producer Hydro hit by cyberattack, shuts some plants

Aluminum producer Hydro hit by cyberattack, shuts some plants

(Reuters) — Norsk Hydro ASA, one of the world’s largest producers of aluminum, was battling on Tuesday to contain a cyberattack that hit parts of its production, sending i...

Berkshire says vice chairmen Jain, Abel each make $18 million

Berkshire says vice chairmen Jain, Abel each make $18 million

(Reuters) — Berkshire Hathaway Inc. on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed lo...

Ex-pitcher records win in court, hangs onto $1.5M termination award

Ex-pitcher records win in court, hangs onto $1.5M termination award

A former Philadelphia Phillies pitcher won in court when a New Jersey appeals court upheld his $1.5 million award in a termination dispute. Mitch Williams, a former Phillies ...

Inclusive, trusting workplace culture helps organizations succeed: Panel

Inclusive, trusting workplace culture helps organizations succeed: Panel

ORLANDO, Fla. — Inclusion is key to building an engaging workplace culture, and organizations that do that are more innovative and successful, a panel of experts said. By r...

The BI Top 10: Week of March 11, 2019

The BI Top 10: Week of March 11, 2019

This week’s top stories included analysis of Aon’s Trump-related subpoena, Lockton’s launch of a reinsurance unit, the Ethiopian Airlines crash and more. ...

A.M. Best plans to add innovation rating, requests comments

A.M. Best plans to add innovation rating, requests comments

A.M. Best Co. plans to add an innovation component to its ratings and is requesting comments from market participants in the insurance industry and other interested parties on...

Comp insurers turn to mediation to treat opioid-addicted claimants

Comp insurers turn to mediation to treat opioid-addicted claimants

Mediation programs in two states are bringing together opioid-addicted workers and workers compensation insurers to create plans to get these workers off drugs. In February, ...

Captives should partner with university programs to recruit millennials

Captives should partner with university programs to recruit millennials

TUCSON, Ariz. — The insurance industry in general and the captive insurance sector in particular need to work hard at bridging the gap between academia and industry to help ...