Content Tagged As compensation

2 years 7 months ago

One CEO has pay drop to $10.9 million

Archer Daniels Midland Co. says it paid its CEO $10.9 million for its most recent fiscal year, a 1 percent cut, even though she met or exceeded most of her targets. The seller of products from animal feed to supply chain management and financial services, ADM said Friday that it...

3 years 7 months ago

Colorado reaches agreement on worker's comp

The Colorado Division of Insurance has canceled a hearing with the state chartered worker's compensation company after reaching a settlement on rates. The Colorado Division of Insurance said Monday that Pinnacol Assurance has reached a tentative agreement on the state's four key concerns about rates. Pinnacol's board of directors...

3 years 10 months ago

White House and BP negotiate compensation fund

The White House says BP appears willing to establish a multibillion-dollar compensation fund for people and companies damaged by the Gulf oil spill. President Barack Obama demanded that the oil company set up a independent compensation fund. And presidential spokesman Bill Burton told reporters the White House and BP...

3 years 10 months ago

DOT: Airlines should pay bumped passengers more

The Transportation Department wants to raise the amount airlines have to compensate passengers bumped from full flights to as much as $1,300. They pay up to $800 now. The DOT unveiled the proposals Wednesday. The proposed changes also would give passengers 24 hours to cancel reservations without penalty. And...

4 years 1 month ago

Colorado workers' comp company increases offer

The state-chartered workers' compensation insurance fund that wants to be privatized has increased its offer to the state. Pinnacol Assurance President Ken Ross said Thursday the company is offering $330 million to the state so it can go private. That's $130 million more than it offered earlier for a buyout....

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