SEC Issues Largest Ever Whistleblower Award of $279M May 8, 2023 The U.S. Securities and Exchange Commission (SEC) has issued its largest ever award of nearly $279 million to a whistleblower...
Maryland Ends Time Limit in Child Sex Abuse Lawsuits May 8, 2023 Maryland Gov. Wes Moore has signed legislation to end Maryland’s statute of limitations on when child sexual abuse lawsuits can...
Workers’ Comp Takes Bite Out of Employee Right to Sue Third Party May 8, 2023 A Pennsylvania employer cannot be sued for blocking an employee from suing the third party responsible for her workplace injury,...
2023 Market Conditions May 8, 2023 As the market continues to face uncertain economic conditions, areas of ongoing volatility, according to Risk Strategies, include: Inflation and...
Q1 Commercial P/C Rates Hold Steady, Up 5%: MarketScout May 8, 2023 In a “deliberate and modest fashion,” the composite rate for commercial property/casualty lines increased 5% during the first quarter 2023,...
Dog-Related Injuries Cost Insurers More Than $1 Billion in 2022 May 8, 2023 Insurers paid out more than $1 billion in dog-related injury claims in 2022, a 28% increase over 2021 even though...
OSHA Compliance in the Workplace May 8, 2023 Workplace health and safety are top of mind for employers, especially after a recent incident at a Mars factory, where...
U.S. P/C Underwriting Profit in 2023? Not Yet, Fitch Predicts May 8, 2023 Analysts at Fitch Ratings predict a better underwriting result for U.S. property/casualty insurers in 2023 compared to 2022, but the...
Cal/OSHA Cites Equipment Company, Refers Contractor for Prosecution in Confined Space May 8, 2023 The California Division of Occupational Safety and Health cited Meeder Equipment Co. of Rancho Cucamonga and referred D&D Construction Specialties...
A Look Back at Boston Marathon Insurance Claims May 8, 2023 On April 15, 2013, two brothers placed pressure cooker bombs near the finish line of the Boston Marathon. The devices...