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Oklahoma Employer Ordered to Pay $72,000 for Misclassifying Retail Workers and Denying Overtime

Oklahoma Employer Ordered to Pay $72,000 for Misclassifying Retail Workers and Denying Overtime

An Oklahoma employer must pay $72,000 in back wages and damages after misusing an agricultural exemption to avoid paying overtime to 20 retail employees across multiple locations.
December 3, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Missouri Oklahoma Texas

Ohio Manufacturer Faces OSHA Penalties After Worker Injured by Unprotected Machine

Ohio Manufacturer Faces OSHA Penalties After Worker Injured by Unprotected Machine

A Portsmouth-based hardwood floor manufacturer faces $255,528 in OSHA fines following a partial arm amputation injury and repeated safety violations at two facilities.
December 3, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Ohio

CDC Declares E. Coli Outbreak Linked to McDonald’s Burgers Over

CDC Declares E. Coli Outbreak Linked to McDonald’s Burgers Over

The CDC has concluded its investigation into an E. coli O157:H7 outbreak traced to McDonald's Quarter Pounder burgers, which sickened 104 people in 14 states and led to one fatality.
December 3, 2024 Legislation & Regulation Litigation Risk Management

Legal System Abuse: The New Name Driving Insurance Industry Reform

Legal System Abuse: The New Name Driving Insurance Industry Reform

Insurance leaders at Triple-I's 2024 Joint Industry Forum rebrand "social inflation" as "legal system abuse" to improve communication and drive legal reform for cost control.
December 3, 2024 Fraud Legislation & Regulation Litigation Risk Management Florida Georgia Kansas Louisiana Washington

Insurance Faces Data Challenges in Climate Risk Planning

Insurance Faces Data Challenges in Climate Risk Planning

Fragmented data sources and limited integration are stalling the insurance industry's ability to address climate risks, experts emphasize at the Global Insurance Forum.
December 2, 2024 Catastrophe Legislation & Regulation Risk Management Technology Florida

The Changing Role of Source Code Escrows in Cloud-Driven Insurance IT

The Changing Role of Source Code Escrows in Cloud-Driven Insurance IT

As cloud computing reshapes IT operations, the traditional value of source code escrows is diminishing, prompting insurance CIOs to rethink business continuity and vendor risk strategies.
December 2, 2024 Insurance Industry Legislation & Regulation Risk Management Technology

Shoplifting Operation Stole $2M in Goods, Resold in New York and Abroad

Shoplifting Operation Stole $2M in Goods, Resold in New York and Abroad

A shoplifting ring that stole $2 million in high-end goods across several states was dismantled, with stolen items resold online and in the Dominican Republic. New laws are being enforced to tackle organized retail theft.
December 2, 2024 Fraud Legislation & Regulation Liability Risk Management New Jersey New York

New York High Court Enforces Uber’s Arbitration Clause Despite Preexisting Injury Lawsuit

New York High Court Enforces Uber’s Arbitration Clause Despite Preexisting Injury Lawsuit

New York's highest court has upheld Uber's arbitration requirement in a case involving a preexisting injury lawsuit, ruling the company's clickwrap agreement is a valid contract.
November 26, 2024 Legislation & Regulation Liability Litigation Technology California Connecticut Illinois Massachusetts New York

New York Penalizes GEICO and Travelers Over Auto Insurance Cybersecurity Breaches

New York Penalizes GEICO and Travelers Over Auto Insurance Cybersecurity Breaches

New York imposes $11.3M in fines on GEICO and Travelers after data breaches exposed personal information of over 120,000 customers, citing insufficient cybersecurity controls.
November 26, 2024 Auto Legislation & Regulation Liability Technology New York

Florida’s Insurance Market Faces Collapse Amid Controversial Ratings Agency Claims

Florida’s Insurance Market Faces Collapse Amid Controversial Ratings Agency Claims

Florida regulators subpoena Weiss Ratings over claims the state's insurance market is collapsing. The agency's founder defends his warnings, citing widespread issues with unpaid claims.
November 22, 2024 Insurance Industry Legislation & Regulation Litigation Property Florida

Pennsylvania Jury Orders Sig Sauer to Pay $11M in Pistol Defect Lawsuit

Pennsylvania Jury Orders Sig Sauer to Pay $11M in Pistol Defect Lawsuit

A Pennsylvania jury awarded $11 million to a veteran injured by a Sig Sauer P320 pistol that allegedly fired without the trigger being pulled, citing design flaws and negligence.
November 22, 2024 Legislation & Regulation Liability Litigation Risk Management Georgia New Hampshire Pennsylvania

AI-Based Tenant Screening Settlement Highlights Alleged Algorithmic Bias

AI-Based Tenant Screening Settlement Highlights Alleged Algorithmic Bias

A class action lawsuit against SafeRent Solutions over alleged discriminatory algorithms concludes with a $2.2 million settlement and restrictions on AI screening practices.
November 22, 2024 Legislation & Regulation Litigation Risk Management Technology Massachusetts

Sea Level Rise by 2100 Could Displace Millions and Damage $1 Trillion in Property

Sea Level Rise by 2100 Could Displace Millions and Damage $1 Trillion in Property

A one-meter rise in sea levels by 2100 may expose over 14 million people and $1 trillion worth of property to flooding, erosion, and subsidence along the Southeast Atlantic coast.
November 22, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Virginia

New York Broker Pleads Guilty in $38 Million Nursing Home Tax Fraud Scandal

New York Broker Pleads Guilty in $38 Million Nursing Home Tax Fraud Scandal

Joseph Schwartz, a New York insurance broker, pleaded guilty to charges of employment tax fraud and failing to file financial reports for nursing home facilities across 11 states.
November 20, 2024 Fraud Insurance Industry Legislation & Regulation Liability New Jersey New York

Mississippi Restaurant Fined $1.5M for Seafood Mislabeling Scheme

Mississippi Restaurant Fined $1.5M for Seafood Mislabeling Scheme

A Gulf Coast restaurant and co-owner face penalties after years of selling mislabeled imported seafood as premium local fish, defrauding customers and the seafood industry.
November 20, 2024 Fraud Legislation & Regulation Liability Risk Management Mississippi
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