Business Insurance
The exclusivity provisions of the Illinois Workers Compensation Act do not bar a worker’s claims for statutory damages for violating her rights under a state biometric privacy law, an appellate court held Friday.
Posted: Sep 22, 2020
The National Football League has issued $100,000 fines to three of its head coaches for not wearing masks on the sidelines during the game in Week 2, according to Sports Illustrated.
Posted: Sep 22, 2020
Vaccine makers will be indemnified in Europe if their COVID-19 shots cause unexpected side-effects, an industry official said on Tuesday, urging European regulators to set up more predictable schemes to compensate possible victims.
Posted: Sep 22, 2020
With U.S. hospitals still ordering alternative personal protective equipment manufactured in China due to ongoing shortage of U.S.-made “N95” masks, a research organization is sounding the alarms that upwards of 70% of the masks intended to filter ou...
Posted: Sep 22, 2020
The U.S. Occupational Safety and Health Administration will hold a public meeting about potential whistleblowing issues in the health care and retail industries and ways it can provide better assistance, the agency announced on the Federal Register.
Posted: Sep 22, 2020
The U.S. Department of Labor on Tuesday said it would soon propose a rule that could make it easier to classify workers as independent contractors rather than employees, a major issue for the “gig economy” and other industries that use contractors to...
Posted: Sep 22, 2020
(Reuters) — The Securities and Exchange Commission is poised to walk back a proposal to impose discretionary caps on whistleblower awards and tighten deadlines for formally filing tips when it votes to overhaul the bounty program this week, five peop...
Posted: Sep 22, 2020
Insurance Australia Group Ltd. has appointed Nick Hawkins as chief executive and managing director, effective Nov. 2.
Posted: Sep 22, 2020
Insurance claims related to the 5.5 magnitude earthquake that hit the Croatian capital city of Zagreb on March 22 are expected to reach €63 million ($74 million).
Posted: Sep 22, 2020
U.K.-based clothing firm Superdry PLC's pre-tax loss nearly doubled year-over-year to around £167 million ($215 million) in the financial year ended April 25, due to the COVID-19 pandemic.
Posted: Sep 22, 2020
Saudi Reinsurance Co. has received a Shariah certificate from the Shariyah Review Bureau, boosting its credentials in the takaful and reinsurance sectors.
Posted: Sep 22, 2020
The government of Ecuador said that the ash fall from the Sangay volcano on Sep. 20 has damaged around 80,000 hectares of crops.
Posted: Sep 22, 2020
A survey by U.K.-based data analytics firm GlobalData PLC found that nearly 40% of small and medium enterprises in the United Kingdom are interested in buying pandemic-specific insurance policies.
Posted: Sep 22, 2020
Atilla Benli, chairman of Turkey Insurance, said that the state insurer plans to provide insurance in risky or remote areas where coverage has previously been unavailable.
Posted: Sep 22, 2020
(Reuters) – Specialist insurer Beazley PLC is bracing for claims linked to the novel coronavirus pandemic to double to $340 million, with almost all the estimated increase arising from events cancelled in the wake of a recent spike in infections.
Posted: Sep 22, 2020
Despite her well-deserved reputation for being an advocate for women’s rights, Justice Ruth Bader Ginsburg’s legacy on the U.S. Supreme Court was, in fact, more nuanced, and she wrote a number of pro-business rulings, experts say.
Posted: Sep 22, 2020
Lockton Cos. LLC on Monday announced a partnership with Birwood Services Group, a Detroit-based minority-owned brokerage that was formed earlier this year.
Posted: Sep 21, 2020
Monster Beverage Corp. has become the latest company to be sued for not having any Black directors on its board.
Posted: Sep 21, 2020
Independent medical reviews of workers compensation claims in California dropped nearly 18% in the first half of 2020 compared with the same time in 2019, according to a bulletin released Friday by the California Workers Compensation Institute.
Posted: Sep 21, 2020
Axon Underwriting Services LLC’s crisis management unit has launched a political violence and property terrorism unit for U.S.-domiciled clients, the program administrator said Monday in a statement.
Posted: Sep 21, 2020
Desperate to keep within union rules for health insurance eligibility, a former writer for the forthcoming television series “The Dropout” tweeted that she needed 80 minutes of writer’s assistant work to keep her health insurance. And it worked.
Posted: Sep 21, 2020
Hurricane Sally’s winds, storm surge and inland flood caused insured losses of $1 billion to $3 billion, according to AIR Worldwide, part of Verisk Analytics Inc.
Posted: Sep 21, 2020
Ford Motor Co. does not have to cover massage therapy for an injured worker in part because the treatment was not prescribed by a doctor, an appeals court in Michigan ruled Thursday.
Posted: Sep 21, 2020
The Travelers Cos. Inc. has introduced virtual and on-site ergonomic assessments using artificial intelligence to reduce the risk of musculoskeletal disorders in its customers’ workforce, the insurer said Monday in a statement.
Posted: Sep 21, 2020
Davies Group Ltd. has acquired long-term care insurance third-party administrator TriPlus Services Inc., the London-based claims management and insurance services firm said Monday in a statement.
Posted: Sep 21, 2020