News Center

FOX News

GOP unveils final $1.5T tax reform bill '31 years in the making'
Congressional Republicans unveiled the most sweeping overhaul of the nation’s tax code in three decades Friday evening with an eye toward final passage next week after two key GOP senators endorsed the legislation.

POSTED DECEMBER 15, 2017 11:30 PM
Attorney general: No wrongdoing in 2 prep school deans' case
The New Hampshire attorney general's office has found a county prosecutor's office did nothing wrong when it refused to pursue charges against two deans from an elite prep school for failing to properly report sexual-assault allegations.

POSTED DECEMBER 15, 2017 10:52 PM
Mattis warns of unsafe Russian military flights over Syria
Defense Secretary Jim Mattis is warning against dangerous flights by Russian fighter jets over what is considered a safe zone in Syria, questioning whether recent close calls were mistakes or deliberate.

POSTED DECEMBER 15, 2017 10:43 PM
Gunman fires wildly during car chase through Baltimore
A gunman fleeing police in a car shot wildly at officers and pedestrians across a swath of Baltimore on Friday as he led cruisers on a desperate chase that looped through streets of the city for at least 20 minutes before he was captured.

POSTED DECEMBER 15, 2017 10:36 PM
Hunter who shot woman indicted on manslaughter charge
A Maine hunter charged with killing a woman he mistook for a deer has been formally charged with manslaughter.

POSTED DECEMBER 15, 2017 10:34 PM
Poor Venezuelan neighbors find solution to cash crunch
Residents of one neighborhood in cash-strapped Venezuela say they've found a solution to a lack of paper money by creating a quasi-currency called the "honeycomb."

POSTED DECEMBER 15, 2017 10:30 PM
Coach arrested in NY with teen booked into Florida jail
A Florida soccer coach arrested in New York after accusations that he ran away with a teenage girl has been returned to his home state.

POSTED DECEMBER 15, 2017 10:29 PM
Senator Kennedy and the case of the nervous nominee
Why so nervous?

POSTED DECEMBER 15, 2017 10:29 PM
Effort to allow partisan politics in church reaches dead end
A provision that would have freed churches to make political endorsements has been dropped from the Republican tax overhaul, dashing the hopes of a segment of religious conservatives on what has been a key issue to the Trump administration.

POSTED DECEMBER 15, 2017 10:28 PM
World unites against NKorea nuke ambitions _ North ignores
North Korea's friends and enemies joined forces Friday in opposing its determination to be recognized as a nuclear weapons state and calling on leader Kim Jong Un to negotiate the denuclearization of the Korean Peninsula — but the North gave no sign of budging on its nuclear ambitions.

POSTED DECEMBER 15, 2017 10:27 PM

Business Insurance

Jimmy John’s FLSA franchisee lawsuits can proceed
Plaintiffs who have filed Fair Labor Standards Act litigation against franchisees of Jimmy John’s L.L.C. will not have to wait until litigation against the corporate entity is concluded to pursue their own cases, says a federal appeals court, in reversing rulings by a lower court.

POSTED DECEMBER 15, 2017 4:18 PM
Reconfigured NLRB board rolls back Obama-era rulings
A newly appointed Republican majority on the National Labor Relations Board has overturned two Obama administration rulings related to joint employment and handbooks.

POSTED DECEMBER 15, 2017 2:59 PM
Ashley Judd urges women and men to find solutions to harassment
Actress and humanitarian Ashley Judd urged attendees of Business Insurance’s Women to Watch awards ceremony to work in service of others and find solutions to sexual harassment and gender violence.

POSTED DECEMBER 15, 2017 2:42 PM
Cal/OSHA cites three contractors for Oakland structure collapse
The California Occupational Safety and Health Administration has cited three contractors a total of $147,315 in penalties for safety violations after the collapse of a temporary mold and vertical shoring in Oakland hospitalized 13 workers.

POSTED DECEMBER 15, 2017 1:50 PM
Tennessee high court upholds disability claim
The Supreme Court of Tennessee has upheld a woman’s disability claim despite her employer’s assertion that her impairment rating should be capped after she resigned her position following a workplace injury.

POSTED DECEMBER 15, 2017 12:28 PM
Half full or half empty? KFC bucket lawsuit dismissed over insufficient facts
A New York woman's $20 million false advertising lawsuit against KFC has been dismissed, the Poughkeepsie Journal reported.

POSTED DECEMBER 15, 2017 11:25 AM
Uber investor departs venture firm amid harassment claims
(Reuters) — Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc., is severing ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct.

POSTED DECEMBER 15, 2017 10:27 AM
‘Fireside chat’ kicks off Women to Watch conference
Fellow employees should be part of a company’s zero-tolerance policy when it comes to harassment, and technology can be a recruiting tool, said speakers in a wide-ranging “fireside chat” at the Business Insurance 2017 Women to Watch awards ceremony.

POSTED DECEMBER 15, 2017 9:45 AM
Uber Eats to offer couriers insurance in Europe
(Reuters) — Uber Technologies Inc.'s food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of "gig economy" workers.

POSTED DECEMBER 15, 2017 9:30 AM

News – Insurance Journal

Trump’s Labor Board Overturns Obama ‘Joint Employer’ Rule
A U.S. labor board on Thursday overturned an Obama-era ruling that had made it easier for unions and workers to hold companies accountable for practices of contractors and franchisees, a decision welcomed by business groups that could affect a major …

POSTED DECEMBER 15, 2017 6:03 PM
Florida Disaster Fraud Team Investigation Leads to False Claim Arrest
A Florida man was arrested last month after he was caught lying to his insurance company in an attempt to file a false insurance claim for vehicle for damage allegedly caused by Hurricane Irma, according to a statement from Florida …

POSTED DECEMBER 15, 2017 5:59 PM
Issuer Credit Rating of Ohio’s Affinity Mutual Insurance Co. Downgraded
A.M. Best announced it has has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Affinity Mutual Insurance Co. (AMIC) in Lima, Ohio. The outlook of …

POSTED DECEMBER 15, 2017 5:52 PM
OSHA Rule Requiring Electronic Reporting of Injuries Goes Into Effect
A federal rule requiring certain employers to electronically submit injury and illness reports goes into effect today. The rule applies to businesses in many states with 250 or more employees that are currently required to keep OSHA injury and illness …

POSTED DECEMBER 15, 2017 5:51 PM
Michigan Insurance Agent Sentenced for Embezzling $800K from Clients
A suburban Detroit insurance agent has been sentenced to at least six years in prison for embezzling more than $800,000 from a dozen elderly clients. Paul Garceau Jr. of Grosse Pointe Park had pleaded guilty to embezzlement by an agent …

POSTED DECEMBER 15, 2017 5:48 PM
PolyMet Secures $544M in Surety Bonds, Funding for Wisconsin Mine Costs
PolyMet Mining Corp. is offering the state a $544 million package of financial assurances to serve as an insurance policy to protect taxpayers from potentially having to cover the costs of closing and cleaning up a controversial copper-nickel mine it …

POSTED DECEMBER 15, 2017 5:46 PM
Westcap Insurance Services Ups Limits for Contractors Program, Expands into Arizona
Solvang, Calif.-based Westcap Insurance Services, LLC has expanded its admitted program for contractors to now include Arizona domiciled risks. Westcap also announced increased limits and other product enhancements to the program in the state of Washington. Westcap will now offer …

POSTED DECEMBER 15, 2017 5:44 PM
Truman Taylor Insurance Closes, Joins Galveston Insurance Associates
Texas Sen. Larry Taylor, president of Truman Taylor Insurance in Friendswood, is closing his agency after 55 years of operation and joining Galveston Insurance Associates (GIA), effective Dec. 15. GIA has been operating on Galveston Island for 125 years and …

POSTED DECEMBER 15, 2017 5:44 PM
Louisiana Citizens Property Insurance Policy Count Continues to Drop
The Louisiana Department of Insurance (LDI) estimates that the state’s property insurer of last resort has gone from the third largest property insurance company to the 35th in 10 years. The eleventh round of depopulation is underway for the Louisiana …

POSTED DECEMBER 15, 2017 5:35 PM
Texas Regulators Say Workers’ Comp Costs Down 63% Since 2005
More Texas businesses are providing workers’ compensation insurance as the cost of coverage continues to decline, according to the Texas Department of Insurance – Division of Workers’ Compensation (TDI-DWC). Premiums have fallen by 63 percent since 2005 as department has …

POSTED DECEMBER 15, 2017 5:11 PM

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