Fintech
Financial technology and innovation
New Jersey Court Restricts Injury Claims in Discrimination Lawsuit
A New Jersey appeals court has ruled that an employee cannot claim injury damages in a discrimination lawsuit if workers' compensation has already been awarded.
Relocation Challenges: How Housing Costs Impact Recruitment Strategies
Rising housing costs are influencing job candidates' willingness to relocate, complicating recruitment for companies seeking talent beyond local markets.
Workers' Compensation Claims Leaders Embrace AI While Overlooking Key Metrics
A recent study shows a significant portion of claims leaders using AI lacks assessment of its impact on outcomes, highlighting efficiency gaps.
Oregon Court Reverses Trader Joe's Workers' Comp Claim Closure Due to Legislative Update
An Oregon court has overturned Trader Joe's closure of a workers' compensation claim, citing new claims-processing rules that apply retroactively.
Huntersure Introduces New Media Errors and Omissions Insurance Program
Huntersure has unveiled a media errors and omissions program offering coverage limits up to $5 million for diverse media professionals.
Insurer’s Ambiguity in "And/Or" Wording Leads to Continued Coverage for Bruce Packing
A federal court ruled that Scottsdale Insurance must cover Bruce Packing in listeria lawsuits due to ambiguous policy language regarding disease exclusions.
Debating Beverage Etiquette: The Impact of Coffee at Job Interviews
Employers risk losing top candidates by judging professionalism based on drink choices at interviews, raising questions about workplace culture.
Court Affirms Workers' Compensation Benefits After Surveillance Evidence Supports Injury Claim
A New York appeals court upheld workers' compensation for a retail manager, reinforcing the validity of claims supported by surveillance footage.
Colorado Court Clarifies Limits on Reopening Workers' Compensation Claims
A recent Colorado court ruling restricts the ability to reopen workers' compensation claims, emphasizing that prior compensability must be established.
Zhibao Labuan Reinsurance Expands Operations in Hong Kong and Southeast Asia
Zhibao Labuan Reinsurance, backed by Chinese InsurTech, is expanding into Hong Kong and Southeast Asia, aiming to integrate regional reinsurance markets.
California Workers’ Compensation Sees Surge in Medical Payments Post-Pandemic
California's workers' compensation claims reveal rising medical expenses, with construction claims notably exceeding statewide averages.
Florida Lawsuit Against Hershey Over Missing Reese’s Pumpkin Faces Dismissed
A federal judge dismissed a class action lawsuit against Hershey after consumers claimed they overpaid for Reese's pumpkins missing decorative designs.
Court Upholds Exclusive Remedy in Occidental Chemical Negligence Case
A federal judge dismissed a negligence suit against Occidental Chemical, affirming the company's status as statutory employer under workers’ compensation law.
Chubb Elevates Sean Ringsted to Chief Scientist in Strategic AI Role
Chubb promotes Sean Ringsted to Chief Scientist, enhancing its AI and data strategy, while also appointing new leaders in digital business initiatives.
Tennessee Court Denies Librarian's Request for Mental Health Benefits Amid Disputed Incident
A Tennessee judge rules against a former librarian's request for mental health benefits, citing lack of cooperation and insufficient evidence of mental injury.
Luzern Risk Secures $45 Million to Enhance AI and Operations in Captive Management
Luzern Risk has raised $45 million in Series B funding, led by Insight Partners, to enhance its technology and expand client offerings in captive management.
Court Upholds Insurer’s Exclusion Clause for 'My 600-lb Life' Reality Show
The 5th Circuit affirmed an insurer's exclusion of coverage for lawsuits tied to "My 600-lb Life," citing the producer's contradictory arguments.
Federal Appeals Court Affirms $7.8M Award for BART Employees Over Religious Vaccine Exemptions
A federal appeals court upheld a $7.8 million jury award to BART employees fired for seeking religious exemptions from vaccination, citing undue hardship.
Zurich American Exonerated from Liability in $75 Million Auto Dealer Case
A federal judge ruled Zurich American has no obligation to cover a Virginia auto dealer's deceptive pricing settlement, involving penalties exceeding $75 million.
Florida Family Alleges Multi-Million Dollar Art Fraud Involving Warhol Forgers
A Florida family's investment in purported Andy Warhol artworks has turned into a legal battle over alleged forgeries worth $6.7 million.