News Archives - Insurance Journal

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7 11, 2023

Plumbing Supply Firm Fights Sales Reps’ Court Award of $3.2M Overtime Wages

By | November 7th, 2023|Uncategorized|Comments Off on Plumbing Supply Firm Fights Sales Reps’ Court Award of $3.2M Overtime Wages

The U.S. Department of Labor expects to recover more than $3.2 million in overtime back wages for more than 700 inside sales representatives of the F.W. Webb plumbing supply company. DOL has accused F.W. Webb of misclassifying its inside sales …

7 11, 2023

Boston Begins Requiring Contractors to File and Vow to Implement Site Safety Plans

By | November 7th, 2023|Uncategorized|Comments Off on Boston Begins Requiring Contractors to File and Vow to Implement Site Safety Plans

The city of Boston will begin requiring construction and demolition contractors to file site-specific safety plans and attest to following them starting December 1. The requirement is part of the city’s implementation of a new safe construction ordinance that was …

7 11, 2023

Collab with Claims Handling is Key to Success for Insurance Defense Litigation

By | November 7th, 2023|Uncategorized|Comments Off on Collab with Claims Handling is Key to Success for Insurance Defense Litigation

Navigating insurance defense litigation is a complex and often challenging process. Understanding the roadmap and important rules along the way ensures a smoother and more successful path. It is crucial for claims handlers and defense counsel to work together to …

7 11, 2023

Palo Alto Acquires Israeli Cyber Startup Talon in M&A Push

By | November 7th, 2023|Uncategorized|Comments Off on Palo Alto Acquires Israeli Cyber Startup Talon in M&A Push

Palo Alto Networks Inc. agreed to buy Talon Cyber Security Ltd., marking the second acquisition of an Israeli peer within a week. The deal is valued at about $625 million, according to a person familiar with the plans who asked …

7 11, 2023

Microsoft Vows to Revamp Security Products After Repeated Hacks

By | November 7th, 2023|Uncategorized|Comments Off on Microsoft Vows to Revamp Security Products After Repeated Hacks

Microsoft Corp., battered for its role in several major hacks, said it’s revamping the way it provides cybersecurity protection, using artificial intelligence and other methods to speed the company’s response to vulnerabilities and better protect customers. In a blog post, …

7 11, 2023

Nike Sues New Balance, Skechers for Patent Infringement Over Sneaker Tech

By | November 7th, 2023|Uncategorized|Comments Off on Nike Sues New Balance, Skechers for Patent Infringement Over Sneaker Tech

Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike’s technology for making upper portions of sneakers. The lawsuits said that several New Balance athletic shoes and Skechers …

7 11, 2023

Siemens, Ericsson Warn Proposed EU Cybersecurity Rules May Disrupt Supply Chains

By | November 7th, 2023|Uncategorized|Comments Off on Siemens, Ericsson Warn Proposed EU Cybersecurity Rules May Disrupt Supply Chains

Electronics makers Siemens, Ericsson and Schneider Electric, along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic. Proposed by …

7 11, 2023

Right Turn on Red? With Pedestrian Deaths Rising, US Cities Are Considering Bans

By | November 7th, 2023|Uncategorized|Comments Off on Right Turn on Red? With Pedestrian Deaths Rising, US Cities Are Considering Bans

Sophee Langerman was on her way to a bicycle safety rally in Chicago’s Lakeview neighborhood in June when a car turning right rolled through a red light and slammed into her bike, which she was walking off the curb and …

27 10, 2023

Auto Claims Satisfaction Scores Are Up Despite Longer Repairs; Amica Tops List

By | October 27th, 2023|Uncategorized|Comments Off on Auto Claims Satisfaction Scores Are Up Despite Longer Repairs; Amica Tops List

An auto parts shortage combined with longer cycle times for repairs has contributed to repairs taking an average of about 23 days in 2023, up an average of a little more than 6 days from 2022 and more than double …

27 10, 2023

IICF Celebrates Week of Giving

By | October 27th, 2023|Uncategorized|Comments Off on IICF Celebrates Week of Giving

The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, hosted the annual IICF Week of Giving, a celebration of the insurance industry’s year-round dedication to volunteerism, from October 14–21. According to a press …