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Author: Annie George

DOL Announces Enforcement Guidance Changes

Workplace Safety

OSHA has issued new enforcement guidance to make its penalties more effective in stopping employers from repeatedly exposing workers to life-threatening hazards or failing to comply with certain workplace safety and health requirements.

Published January 30, 2023
Categorized as Show on Homepage Tagged Department of Labor, DOL, enforcement rules, OSHA

25 States Sue Biden Administration to Block ESG Investment Rule

ESG Investment Rule

Twenty-five states are suing the Labor Department to block an imminent rule change that will allow 401(k) managers to consider climate change and other environmental, social and governance (ESG) factors when selecting investments.

Published January 30, 2023
Categorized as Show on Homepage Tagged Biden Administration, ESG rule, states suing

Musk Faces SEC Probe for Role in Tesla Self-Driving Claims

Tesla hires former Geico exec

US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims.

Published January 30, 2023
Categorized as Show on Homepage Tagged self driving claims, Tesla SEC investigation

Average 2022 Renewal Rates Experience a General Uptick Across Most Major Commercial Lines Compared to 2021

premium increases down or flat

Fourth-quarter results in the Ivans Index showed an increase in the average premium renewal rate change across all major commercial lines of business year over year, except Workers’ Compensation

Published January 27, 2023
Categorized as Show on Homepage Tagged commercial lines increases, premium increases, workers comp

Secret Service Research Examines for the First Time Five Years of Mass Violence Data

Mass violence

The U.S. Secret Service National Threat Assessment Center (NTAC) released a comprehensive report examining 173 incidents of targeted violence.

Published January 27, 2023
Categorized as Show on Homepage Tagged Secret Service, violence

United Airlines Hit with $30M Class Action Suit for Firing Over Covid Vaccine Refusal

Covid vaccine lawsuit

A group of former United Airlines workers have filed suit against their former employer, claiming they were wrongly fired for refusing to take a Covid vaccine, and want their jobs back, plus $30 million.

Published January 27, 2023
Categorized as Show on Homepage Tagged class action suit UA, COVID vaccine lawsuit, United Airlines worker suit COVID vaccine

FBI ‘Hacked the Hackers’ to Bring Down Ransomware Gang

Christie's ransomware

The FBI secretly hacked and disrupted the Hive ransomware gang, preventing the group from collecting more than $130 million in ransomware demands from more than 300 victims.

Published January 27, 2023
Categorized as Show on Homepage Tagged cyber insurance, FBI, Hive, ransomware, ransomware gang

Massachusetts and New York Lawmakers File Drug Decriminalization Bills for 2023

Illegal drugs decriminalization

Massachusetts and New York lawmakers have introduced legislation to broadly decriminalize currently illegal drugs.

Published January 27, 2023
Categorized as Show on Homepage Tagged drug decriminalization, illegal drugs, M&A, NY

Corporations Fight Back Against D&O Premium Increases

D&O insurance rates

Some of the most significant increases have occurred for policies that protect a company’s directors and top executives. Some major corporations have retaliated.

Published January 26, 2023
Categorized as Show on Homepage Tagged captive insurance, D&O insurance, D&O premiums

Global Insured Losses from Natural Disasters Exceeded $130B in 2022

Hurricane intensity increases

Aon new report reveals that natural disasters caused a $313 billion global economic loss during 2022, of which $132 billion was covered by insurance.

Published January 26, 2023
Categorized as Show on Homepage Tagged global losses, insured losses, natural disasters

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