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Daily NewsFlash : June 07, 2013

Daily NewsFlash
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Friday, June 07, 2013

Government Tapping Tech Firms' Data, Too

Data surveillanceThe Obama administration acknowledged the existence Thursday of a secret National Security Agency program dubbed Prism, which a senior administration official said targets only foreigners and was authorized under U.S. surveillance law.

The existence of Prism was first revealed Thu...

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Feds to Pay OSHA Whistleblower $820,000 Settlement

Whistleblower casesThe U.S. Department of Labor will pay former OSHA official Bob Whitmore $820,000 -- one of the largest federal whistleblower settlements ever approved -- under a deal that will end his four-year fight against t...

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China's Compulsory Environmental Pollution Insurance Plan Could Kick-Start Environmental Liability Market in Asia

Environmental insurance market in ChinaEnvironmental liability insurance growth in Asia has been hindered by an immature regulatory system, along with a lack of sufficient risk data for pricing, according to industry analysts. But a recently introduced pilot compulsory environmental pollution liability insurance plan in C...

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NAMIC Urges Lawmakers to Focus on Disaster Mitigation

NAMIC on disaster mitigationSupporting research and mitigation efforts can help communities better withstand natural disasters and reduce the need for federal aid in rebuilding, the National Association of Mutual Insurance Companies said today in support of testimony by the Insurance Institute for Business & Home Safety befo...

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XL Group Expands Umbrella/Excess Liability Coverage to Upper Middle-Market Firms

XL excess liabilityXL Group P.L.C.'s excess liability division is set to expand its umbrella and excess liability coverage to upper middle-market businesses, the insurer announced Wednesday.

The coverage will be available i...

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Employers Increasingly Adopting Payment Strategies to Improve Efficiencies in U.S. Health Care System: Aon Hewitt

health care costsTo mitigate rising health care costs, an increasing number of companies are considering adopting strategies that will improve the way they pay for health care services in the future, according to new survey data by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc


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