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Boozy Work Parties May Be Over With New UK Harassment Law

Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus on firms to protect workers from sexual harassment or risk hefty damages claims. Under a new law, companies will have …

People Moves: H.W. Kaufman Names Kaufman, Kaufman Davis Co-Presidents; Desett Joins HUB as N.A. Commercial Lines Pres.; Benson Is Chubb Multinational Ins. Lead

H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President Role H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, named Danny Kaufman and Jodie Kaufman Davis as co-presidents. The newly created positions establish distinct leadership responsibilities across Kaufman’s …

S&P Reveals Top 50 Largest P/C Insurers

As the third-fastest growing company on a list of the world’s top 50 largest insurers, State Farm Mutual Automobile Insurance Co. continued to rank No. 1, according to research S&P Global Market Intelligence. State Farm recorded nearly $87.6 billion in …

Alabama Judge Appoints Mediator in Long-Running Med Marijuana License Dispute

MONTGOMERY, Ala. (AP) — A judge has appointed a mediator in the long-running dispute over who gets licenses to grow and sell medical marijuana in Alabama. Montgomery Circuit Judge James Anderson named retired Circuit Judge Eugene Reese to act as …

California Vocational School Owner Charged With Fraud in Workers’ Comp Scheme

The owner of a Fresno, California-based for-profit vocational school was charged with engaging in fraudulent billing practices related to workers’ compensation. Paul Steve Ramirez, 59, was charged with 11 felony counts, including insurance fraud. The fraudulent insurance claims could reach …

Parents of Student Disciplined for Using AI Sue School

The parents of a high school senior in Massachusetts argued in federal court in Boston on Tuesday that their son was unfairly punished for using artificial intelligence while researching a history project, harming his prospects for acceptance to an elite …

Catastrophe-Bond Funds Suffered Virtually No Losses From Hurricane Milton

After two weeks of number-crunching, it now seems clear that investors in catastrophe bonds emerged from Hurricane Milton relatively unscathed. In fact, holders of the bonds may be looking at returns of as much as 12%, according to Zurich-based asset …

Washington Insurance Commissioner Issued Fines Totaling $302K

Washington Insurance Commissioner Mike Kreidler issued fines totaling $302,500 against insurance companies, agents, brokers and unlicensed entities in July, August and September for violations of state insurance laws and regulations. Among those actions was a $40,000 fine issued to Allstate …

Maryland Lawmakers Approve Caps on High-Cost Prescription Drugs

A panel of Maryland lawmakers approved a plan on Tuesday to enable a state board to cap the price that state and local governments pay for certain high-cost prescription drugs for their employees — the latest step taken by a …

Tracking Web Users Does Not Violate Wiretap Law, Massachusetts High Court Rules

A firm’s use of software that tracks users’ activity on its website does not violate a state law against wiretapping, the Massachusetts Supreme Judicial Court has ruled. While the state law against wiretapping prohibits intercepting communications, the high court found …

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