Uber Technologies Inc., Lyft Inc. and other gig economy companies scored a victory after a California appeals court upheld the current law classifying gig workers as independent contractors instead of employees.
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Westfield Specialty Introduces Suite of Management Liability Products
Westfield Specialty is building on its momentum as the Management Liability (ML) team is now ready to address the coverage needs of public, private, and nonprofit organizations.
DOJ, SEC Investigating Silicon Valley Bank’s Collapse
The DOJ and SEC are investigating the collapse of Silicon Valley Bank after the California lender was taken over by regulators last week amid a historic run on its deposits.
Justice Department Sues Rite Aid for Missing Opioid Red Flags
The U.S. government on Monday sued Rite Aid Corp, accusing the pharmacy chain of missing “red flags” as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids.
ReSource Pro Names Retired Rear Adm. John Spencer as Senior Director of Operations
ReSource Pro has hired retired Rear Admiral John Spencer as its new Senior Director of Operations.
SVB, Signature Bank Depositors to Get All Their Money as Fed Moves to Stem Crisis
Officials took the extraordinary step of designating SVB and Signature Bank as a systemic risk to the financial system, which gives regulators flexibility to guarantee uninsured deposits.
US Chamber of Commerce Calls for AI Regulation
The U.S. Chamber of Commerce has called for regulation of artificial intelligence technology to ensure it does not hurt growth or become a national security risk.
Allianz to Serve Global Commercial Insurance Segment as One Go-to-Market Business
Allianz to operate its Mid-Corporate and Large-Corporate insurance businesses under one strategy and market approach.
Ceres Imaging AI-Powered Data Analytics Product Suite Now Available to AG Insurers and Lenders
Ceres Imaging has released its Risk Solutions product suite designed to power the next generation of risk models for insurers and lenders.
SVB Collapse Exposes More Vulnerabilities Among Recent US IPOs
Recent IPOs are facing fresh scrutiny from investors concerned about the collapse of SVB Financial Group, which was a leading bank for startups.