Business Insurance
As more employers use artificial intelligence software to screen job applicants and employees, they should heed recent guidance from federal agencies warning about potential disability discrimination pitfalls, employment experts say.
Posted: May 24, 2022
Lawmakers in New York are seeking to amend the workers compensation law, in relation to presumptive evidence for individuals who participated in the World Trade Center rescue, recovery and clean-up operations.
Posted: May 23, 2022
The frequency of legal malpractice claims remained relatively flat last year, but claims severity continued to spike, says a report released Monday.
Posted: May 23, 2022
Two Chicago state appeals courts on Friday ruled in favor of a Zurich Insurance Group Ltd. unit in COVID-19-related business interruption litigation filed by restaurant and hotel chains.
Posted: May 23, 2022
Alliant Insurance Services Inc. said Monday that attorney James Chenoweth has joined its mergers and acquisitions group.
Posted: May 23, 2022
American International Group Inc. said Monday its scope 1 and 2 carbon emissions increased in 2021 but stayed below pre-pandemic levels due to real estate consolidation.
Posted: May 23, 2022
It appears those handy mobile apps that give you details on your pet’s health are also fetching major wins in the pet insurance market.
Posted: May 23, 2022
Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere.
Posted: May 23, 2022
A storm that swept across western and central Germany on May 20 generated three strong tornadoes in the state of North Rhine-Westphalia that left a trail of destruction, especially in the city of Paderborn.
Posted: May 23, 2022
Swiss catastrophe data provider Perils AG has increased its insured and reinsured loss estimates for the three European windstorms Dudley, Eunice and Franklin by 10% to approximately €3.6 billion ($4 billion).
Posted: May 23, 2022
Japanese insurer Tokio Marine Holdings Inc.’s net profit more than doubled year-on-year to 420.5 billion Japanese yen ($3.3 billion) in the fiscal year ended March 31.
Posted: May 23, 2022
U.K.-based insurer and reinsurer MS Amlin Ltd. posted an underwriting loss of £197 million ($246 million) in 2021, primarily driven by £296 million in natural catastrophe losses resulting from European floods, Hurricane Ida and the North American col...
Posted: May 23, 2022
The California Division of Occupational Safety and Health’s Process Safety Management Unit cited Valero Refinery of Benicia and three contractors a combined $1.75 million for safety violations following the death of a 35-year-old worker.
Posted: May 23, 2022
The Spencer Educational Foundation on Friday announced it has established the Dan Kugler Memorial RMOC Grant to help fund its program sponsoring risk manager participation in university education.
Posted: May 23, 2022
The Idaho Supreme Court ruled that the Industrial Commission erred in evaluating an injured plumber’s disability when he reached maximum medical improvement instead of when his hearing was held, as substantial weight gain had worsened his condition.
Posted: May 23, 2022
Lawmakers in New York are seeking to amend the workers compensation law, in relation to presumptive evidence for individuals who participated in the World Trade Center rescue, recovery and clean-up operations.
Posted: May 23, 2022
A German court has put a nationwide sales and production ban on Ford cars able to establish internet connection, it said, as part of a lawsuit over the violation of wireless technology patents.
Posted: May 20, 2022
A federal appeals court on Friday ruled against a recreational park in COVID-19-related business interruption litigation filed against Cincinnati Insurance Co.
Posted: May 20, 2022
The U.S. Securities and Exchange commission on Friday said Wells Fargo Advisors had agreed to pay $7 million to settle charges of anti-money laundering-related violations.
Posted: May 20, 2022
Managing general agency Fusion Specialty Insurance Pty Ltd. said Thursday it has introduced online mergers and acquisitions insurance in the U.S. for small and mid-size businesses.
Posted: May 20, 2022
President Vladimir Putin said on Friday that the number of cyberattacks on Russia by foreign "state structures" had increased several times over and that Russia must bolster its cyber defenses by reducing the use of foreign software and hardware.
Posted: May 20, 2022
The Google search engine collects data on users who think they can be anonymous if they use a "private browsing" mode, Texas Attorney General Ken Paxton claimed on Thursday, filing an amended privacy lawsuit against the Alphabet Inc. unit.
Posted: May 20, 2022
The Better Business Bureau is warning consumers of the latest Facebook scam: one of your friends sends you a message stating they saw your name on a list of people who have thousands of dollars in unclaimed workers compensation.
Posted: May 20, 2022
Accretive Insurance Solutions, AssuredPartners Inc.’s specialty wholesale and program administration company, said Friday it has named former ECC Insurance Brokers LLC executive Rob Roth as executive vice president of wholesale.
Posted: May 20, 2022
A jury in a federal court in Pensacola, Florida, on Friday ordered 3M Co. to pay $77.5 million to a U.S. Army veteran who said he suffered hearing damage as a result of using the company's military-issue earplugs.
Posted: May 20, 2022