Insurance
Retailers Sue New York to Block Algorithmic Pricing Law
New York state was sued on Wednesday by the National Retail Federation over a new law requiring retailers to tell customers when their personal data are being used to set prices, known as surveillance pricing. The world’s largest retail trade …
Read More Massachusetts High Court Orders Workers’ Comp Trust Fund Payments
In two separate rulings, the Massachusetts Supreme Judicial Court has found that an insurer in runoff and the state’s insolvency fund were both wrongly denied certain payments they are entitled from the state’s workers’ compensation fund. The high court found …
Read More Trump Asks Supreme Court to Allow Removal of Consumer Product Safety Commissioners
President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to intervene in his bid to fire three Democratic Consumer Product Safety Commission members by putting on hold a judicial order calling for their reinstatement. In the latest fight …
Read More Mount Everest’s Trash-Covered Slopes Are Being Cleaned by Drones
Human waste, empty oxygen cylinders, kitchen leftovers and discarded ladders. Sherpas working on Mount Everest carry all that and more — 20 kilograms (44 pounds) per person — navigating a four-hour hike that traverses crumbling glacial ice and treacherous crevasses …
Read More People Moves: Liberty GTS Names Weiss Head of Americas; Arch Insurance NA Taps Kaufmann for US Marine Business; Costa to Lead Aspen Investor Relations
Liberty GTS Names Weiss Head of Americas Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance headquartered in London, promoted Hilary Weiss to head of Americas. Weiss joined Liberty Mutual in 2018 as associate vice president, Americas M&A before …
Read More Insurers Race to the Starting Line in the Dawn of the AI Decision Era
Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico Data CEO …
Read More Only Carrier or Comp Judge Can Determine Compensability, Fla. Appeals Court Says
An employee cannot file a tort lawsuit against her employer until after it has been determined that she is not eligible for a workers’ compensation claim. And that compensability determination can only be made by an insurer or a compensation …
Read More Kraft Heinz Recalls Oscar Mayer Turkey Bacon Over Listeria Risk
Packaged food maker Kraft Heinz is recalling about 367,812 pounds of Oscar Mayer turkey bacon following concerns that the products may be contaminated with Listeria bacteria, the U.S. food safety regulator said on Wednesday. The recall will affect vacuum-packed, fully …
Read More Claim Counts Down, Losses up for California Workers’ Comp Private Self-Insureds
California’s private self-insured employers reported 7.4% fewer workers’ compensation claims in 2024 than in 2023, pushing private self-insured claim frequency to a four-year low, a new report shows. However, for the second straight year, the average paid and incurred losses …
Read More California Insurance Commissioner Appoints Members to New Smoke Claims and Remediation Task Force
California Insurance Commissioner Ricardo Lara has appointed members to his new Smoke Claims and Remediation Task Force, as part of his response to issues over smoke damage caused by wildfires across the state, including the handling of smoke damage claims …
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