SEC fines BHP Billiton $25 million in Olympics bribery probe

(Reuters) — BHP Billiton P.L.C. will pay $25 million to settle charges that it violated a U.S. Read more »

PartnerRe to discuss possible merger with Italy’s Exor

PartnerRe Ltd. on Wednesday said it will enter discussions with the board of Exor S.p.A. to see if the firms can agree to terms for acquisition by Exor. Read more »

South Carolina considers workers comp opt-out system

South Carolina legislators have introduced a bill that would allow employers to create alternative benefit plans for injured workers rather than providing traditional workers compensation insurance coverage for employees. Read more »

Social media posts put brakes on man’s chronic fatigue fraud

An insurance cheat who claimed that illness had stopped him working was caught out by his social media posts detailing his hobby of modifying fast cars and driving them on the roads... Read more »

Pharmacy in 2012 meningitis outbreak to pay victims $200 million

(Reuters) — The now-defunct Massachusetts pharmacy behind a deadly 2012 meningitis outbreak that killed at least 64 people will pay out $200 million to its victims and creditors under a bankruptcy reorganization... Read more »

Earlier cash settlement doesn’t reduce workers comp benefits

An employer can’t receive credit for the full amount of a lump-sum workers compensation settlement to lower the amount of benefits due to a former employee whose case was reopened, the Kentucky... Read more »

Air bag maker to declare 33.8 million vehicles defective

(Reuters) — Japanese air bag manufacturer Takata Corp. is expected to declare about 33.8 million vehicles defective on Tuesday, a move that is expected to lead to the largest auto recall in... Read more »

Variability of specialty drug prices requires improved oversight

MINNEAPOLIS — With specialty drugs accounting for an ever-rising percentage of overall U.S. Read more »

Guidance sought for multiemployer pension plan cuts

A group of Senate Democrats is asking the U.S. Treasury Department to develop guidance on a 2014 federal law that allows trustees of financially troubled multiemployer pension plans to cut participants' benefits. Read more »

Pharmacy benefit manager acquires Medicare compliance unit

Helios, a Memphis, Tennessee-based pharmacy benefit management and settlement services firm, has acquired Ringler Medicare Solutions Inc., a Medicare Secondary Payer compliance unit, the companies announced in a statement. Read more »