WTW announced that it is one of 418 companies from 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index designed to track the performance of public companies committed to gender-data transparency. This reference index assesses gender equality in five areas: female leadership and talent pipeline, equal pay… Continue reading WTW Included in 2022 Bloomberg Gender-Equality Index
Author: Farkas Laura
9th Circuit Resuscitates Real Estate Phishing Victim’s Suit Against Hiscox
A real estate firm that suffered a $200,000 loss can sue its commercial-crime insurer for refusing to cover the loss, a federal appeals court ruled on Wednesday, concluding that an employee’s unwitting participation in a phishing scheme did not change the policy’s interpretation of eligible fraud. The 9th Circuit Court of Appeals overturned a Los… Continue reading 9th Circuit Resuscitates Real Estate Phishing Victim’s Suit Against Hiscox
Surplus Lines Premium Up 21%: WSIA
According to the 2021 Annual Report of the U.S. Surplus Lines Stamping Offices, surplus lines premium increased 22% and transactions rebounded almost 6.6% overtheir 2020 totals in the states with surplus lines stamping offices. The increases represented record levels of premium ($51 billion) and transactions (5.3 million) since the stamping offices began reporting aggregated data… Continue reading Surplus Lines Premium Up 21%: WSIA
U.S. Highways Are Overrun with Trucks
Trucks are taking over American highways, thanks to an increase in pandemic online shopping and disruptions to global supply chains. They’re chewing up the pavement along the way, adding to the congestion and irritating residents who have to contend with 18-wheelers and delivery trucks as soon as they pull out of their driveways. They’re also… Continue reading U.S. Highways Are Overrun with Trucks
New York Will Require Employers to Disclose Monitoring to New Hires
Employers in New York must disclose electronic monitoring, such as internet access and videoconferencing, to new hires under a new law that goes into effect in May, as workers contend with an increasingly technologically dependent employment landscape. The new law comes amid a global push for stronger privacy protections for consumers and workers, imposing new… Continue reading New York Will Require Employers to Disclose Monitoring to New Hires
U.S. Crop Insurance Payouts Rise Sharply As Climate Change Worsens Droughts, Floods
Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis of federal data by the Environmental Working Group (EWG) released on Thursday. The report reinforces concerns that insuring the nation’s crops will get more expensive for insurance companies, farmers… Continue reading U.S. Crop Insurance Payouts Rise Sharply As Climate Change Worsens Droughts, Floods
Chicago’s Holly Waldhoff Joins Alliant’s Employee Benefits Group
Alliant has added employee benefits consultant Holly Waldhoff as Vice President within its Employee Benefits Group. Based in Chicago, Waldhoff will create a full range of strategic employee benefits solutions for a diverse portfolio of clients. “Holly’s expertise across multiple facets of the benefits landscape will serve as a powerful resource for our team in… Continue reading Chicago’s Holly Waldhoff Joins Alliant’s Employee Benefits Group
EPA Expected to Issue Tighter Regulations for Power Plants
As part of President Biden’s plan to reduce greenhouse-gas emissions, the Environmental Protection Agency (EPA) is preparing to advance tougher regulations on power plants in the coming months. According to EPA Administrator Michael Regan, the agency wants to impose stricter air-quality standards for mercury and other toxic pollutants, as well as new restrictions on wastewater… Continue reading EPA Expected to Issue Tighter Regulations for Power Plants
Another Insurer Goes Belly-Up In Louisiana in Wake of Hurricane Ida
Last week, the Louisiana Department of Insurance took over Americas Insurance Company in a court-ordered receivership, making it the third financially troubled insurer in recent months to require rescue. The insurer, based in New Orleans, has approximately 24,000 policies and 13,000 Ida-related claims. It had a 1.31 percent share of the Louisiana homeowners insurance market… Continue reading Another Insurer Goes Belly-Up In Louisiana in Wake of Hurricane Ida
Berkshire Hathaway to Host Annual Meeting in Person
Warren Buffett’s “Woodstock for Capitalists” event is coming back in-person this year. Mr. Buffett’s Berkshire Hathaway Inc. said Tuesday its annual shareholder meeting, which pre-pandemic would regularly bring tens of thousands of people together in Omaha, Neb., will be held in person for the first time since 2019. The event is scheduled for April 30.… Continue reading Berkshire Hathaway to Host Annual Meeting in Person