California’s SB553, a new workplace violence prevention law, is fundamentally changing the requirements for businesses across the state. Effective July 1, 2024, this law mandates that nearly all businesses implement comprehensive workplace violence prevention plans.
Author: Maria Valdez Haubrich
Understanding the Implications of Montana’s Insurance Department Ruling on Repair Cost Denial
The recent ruling by the Montana Insurance Department addressing a complaint against Liberty Mutual has sent ripples through the insurance industry.
The High Cost of Non-Compliance: Navigating Insurance Licensing Pitfalls
With each state enforcing its own set of licensing regulations, maintaining compliance isn’t just a matter of meeting deadlines — it’s about protecting your business from severe financial and operational repercussions.
The Evolving Challenges in Insurance Defense: Navigating the Talent Crunch and Rising Costs
The insurance defense sector is grappling with unprecedented challenges, as the industry faces a dual dilemma: a talent shortage and rising operational costs.
Rising Costs Could Lead to Stripped-Down Workplace Insurance
The increasing demand for expensive weight-loss drugs like Wegovy and Ozempic is driving up the cost of workplace insurance, potentially leading to pared-down benefits in the near future.
Cyber Insurance: A Key Driver of Risk Reduction
Recent reports, including a Forrester study and an Omdia survey commissioned by At-Bay, underscore the critical role cyber insurance plays in helping companies mitigate cyber risks. Organizations with standalone cyber insurance are more effective at detecting, responding to, and recovering from cyber incidents compared to those without coverage. This trend is leading to increased demand… Continue reading Cyber Insurance: A Key Driver of Risk Reduction
Congress Probes MultiPlan: Key Concerns for Insurance Insiders
MultiPlan, a data analytics firm, is under Congressional scrutiny for its role in reducing payments to medical providers, often leaving patients and employers with large bills.
NSM Insurance Group Completes Acquisition of AllClear and InsureandGo
NSM Insurance Group adds to its growing travel insurance portfolio with two leading U.K. brands.
Highmark Partners With Senior Living Operators on Specialized Medicare Plan
Highmark Health’s subsidiary, Endorsed LLC, is teaming up with three senior living operators to offer a specialized Medicare Advantage plan aimed at dual-eligible seniors.
Supreme Court Ruling Shakes Up Insurance Neutrality in Mass Tort Bankruptcies
The US Supreme Court’s recent decision has sent ripples through the insurance and legal industries. This unanimous ruling redefines the role of insurers in Chapter 11 bankruptcy proceedings, particularly in cases involving mass tort liabilities.