Insurance
Federal Judge Strikes Down Biden Overtime Pay Rule
A federal judge in Texas on Friday permanently blocked a Biden administration rule that would have made about 4 million more salaried U.S. workers eligible for overtime pay. U.S. District Judge Sean Jordan in Sherman, Texas, said the U.S. Department …
Read More Head of Kentucky Plant Says Company Will Cover Damages After Blast
LOUISVILLE, Ky. (AP) — The president of a Kentucky plant that exploded earlier this week said the company is accountable for the accident and will pay damages to residents affected by the blast. “First and foremost, we are devastated by …
Read More Two Florida Employees Charged with Defrauding Aetna of $1M
It was an inside job, one that cost an insurance company in Florida more than $1.1 million, authorities said. Investigators with Florida’s Department of Financial Services on Friday charged Rochell Green and Breana Ferguson, of the Jacksonville area, with orchestrating …
Read More Malcolm X’s Daughters Sue CIA, FBI and NYPD Over Civil Rights Leader’s Assassination
Three daughters of Malcolm X have accused the CIA, FBI, the New York Police Department and others in a $100 million lawsuit Friday of playing roles in the 1965 assassination of the civil rights leader. In the lawsuit filed in …
Read More What’s Behind New York Fires? Climate Change, Land Use and History
Wildfires that are raging across New York and New Jersey highlight a new threat to one of the world’s most affluent regions. Climate change is regarded by scientists as the pre-eminent factor driving long-term changes in weather, and the New …
Read More Oklahoma Insurance Commissioner Issues Bulletin on Use of AI
Oklahoma Insurance Commissioner Glen Mulready issued a bulletin providing insurers with regulatory guidance on the use of artificial intelligence. The bulletin, which was adopted by the National Association of Insurance Commissioners (NAIC), outlines expectations on the ethical use of AI. …
Read More Skyward Specialty Launches Life Sciences Liability Coverage
Houston-baed Skyward Specialty Insurance Group announced the launch of its new life sciences liability coverage. The strategic addition to the Company’s healthcare solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the needs of the life sciences …
Read More Iowa Pizza Restaurant to Pay $99K Over Child Labor Law Violations
An Iowa pizza restaurant has agreed to pay $99,000 in fines after a Department of Labor investigation found the business assigned teenage employees to dangerous duties. Investigators found Pizza Parlor and owner Michelle Drougas illegally employed 11 children. Six children …
Read More Insurance Industry Labor Market Remains Stable: Report
A large majority of carriers intend to increase or maintain staff sizes in the next 12 months, according to Jacobson’s Q3 2024 Insurance Labor Market Study. While the industry continues to add jobs, the employment growth remains relatively modest, according …
Read More FTC’s Holyoak Concerned AI Collecting Children’s Data
U.S. Federal Trade Commissioner Melissa Holyoak said on Thursday the agency should look into how artificial-intelligence products use the data they gather from younger users, amid privacy and safety concerns. Holyoak, one of two Republicans on the commission who could …
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