Monthly Archives: <span>September 2017</span>

Employers Expect Above-Average Rise in Cost of Employee Benefits in 2018: Mercer Survey

Employers expect that their average cost per-employee for health benefits will rise by 4.3 percent in 2018, which is above the average increase of 3 percent of the past five years. Early responses from Mercer’s National Survey of Employer-Sponsored Health …

Iowa Judge: ‘Shadow Insurance’ Documents Are Confidential

An Iowa judge has ruled that the details of “shadow insurance” subsidiaries created by several life insurers can remain confidential. Indiana University professor emeritus Joseph Belth sought the documents last year under Iowa’s open records law, saying he believes they …

Hurricane Harvey-Caused Oil, Chemical Spills Dwarfed by Katrina’s

More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a Reuters …

Hurricanes to Usher in Short-Term Hard Market for Property Risks: Survey

Damage left by Hurricanes Irma and Harvey will lead to a hardened property market and pricing correction, at least in the short-term according to a new KPMG survey. In related analysis, a new Morgan Stanley report downplayed initial concerns that …

Arizona Gets $3.1M in Funding to Combat Opioid Abuse

Arizona’s efforts to combat opioid abuse are getting a $3.1 million boost from federal taxpayers. The U.S. Department of Health Services says the funding provided the state Department of Health Services is included in $144.1 million of grants awarded nationwide …

Lawsuit Filed against Google by Three Former Female Employees in California

Google faces a new lawsuit accusing it of gender-based pay discrimination. A lawyer representing three female former Google employees is seeking class action status for the claim. The suit, filed in San Francisco Superior Court, follows a federal labor investigation …

California Governor Signs Plan to Spend $1.5B in Climate Money

California Gov. Jerry Brown has signed two bills that outline a plan to spend $1.5 billion on environmental initiatives using money from the state’s recently renewed cap and trade program. The bills were signed over the weekend, soon after lawmakers …

How One German Company Is Making Workplace Robots Safer for Humans

Two years ago, a robot crushed a 22-year-old man to death at a Volkswagen AG factory in Germany after the maintenance worker became trapped in an area usually off-bound to humans. While this type of tragedy is still relatively rare, …

Audi Goes Full Speed on Automated Driving, While Competitors Wary of Liability, Regulation

German carmaker Audi is taking a lead in bringing more automated driving to roads, but rivals seem in no rush to follow while legal and regulatory uncertainties still cloud the technology. At the Frankfurt car show, Audi paraded the A8 …

Britain to Lose Out on 10,000 Finance Jobs in First Wave of Brexit Reaction: Reuters Survey

Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe’s single market, according to a Reuters survey of firms employing the bulk of workers …