14 06, 2024

Thousands of Amazon Drivers File Arbitration Claims for Unpaid Wages, Other Losses

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Thousands of delivery drivers filed legal claims against Amazon, alleging the company’s classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses. Two law firms spearheading the action said about 15,860 Amazon …

14 06, 2024

Evergrande Liquidation Law Firm Probes PwC, Others to Recoup Creditor Losses: Sources

By | June 14th, 2024|Uncategorized|Comments Off on Evergrande Liquidation Law Firm Probes PwC, Others to Recoup Creditor Losses: Sources

Lawyers appointed by the liquidators of China Evergrande Group 3333.HK are investigating some of the property developer’s service providers including its former auditor PricewaterhouseCoopers, to potentially recoup losses for creditors, three sources said. Evergrande, once China’s largest property developer, was …

14 06, 2024

California Labor Commissioner Reaches $658K Settlement with Residential Care Facility

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The California Labor Commissioner’s Office reached a $658,948 settlement with a Los Angeles residential care facility. The settlement was to compensate 34 workers who were reportedly not paid for all hours worked. The LCO began investigating reports in 2023 that …

14 06, 2024

ATI Names Patane Vice President of Insurance and TPA Services

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ATI Restoration LLC, a disaster recovery and remediation service provider, promoted Vince Patane to vice president of insurance and TPA Services. This is a new role for the company that respresents a shift towards balancing its commercial and residential portfolios. …

14 06, 2024

Britain’s ‘Quiet Quitters’ Are Costing the Economy £257 Billion

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The UK economy lost more than £257 billion ($327 billion) in potential output because of demotivated workers last year, adding to a productivity crisis that’s left the country falling behind other wealthy nations. Just one in 10 UK workers were …

14 06, 2024

People Moves: Lara Appoints New Members to California Insurance Diversity Task Force

By | June 14th, 2024|Uncategorized|Comments Off on People Moves: Lara Appoints New Members to California Insurance Diversity Task Force

California Insurance Commissioner Ricardo Lara appointed Alycia Anderson, Kelly Huang and Marquita Thomas to the state’s Insurance Diversity Task Force. The task force oversees the department’s insurance diversity initiative, which encourages insurance companies to advance diversity of their corporate boards …

12 06, 2024

U.S. Business Owners Seek Higher Insurance Coverage as AI, Election Risks Loom, Survey Shows

By | June 12th, 2024|Uncategorized|Comments Off on U.S. Business Owners Seek Higher Insurance Coverage as AI, Election Risks Loom, Survey Shows

Artificial intelligence and U.S. election have emerged as significant risks to businesses this year with an overwhelming 80% of owners worried their insurance will not cover a specific loss, a survey by insurance brokerage Gallagher showed on Wednesday. Companies are …

12 06, 2024

U.S. Health Dept Lets UnitedHealth Notify Victims of Data Breach

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The U.S. Department of Health and Human Services (HHS) has agreed to allow UnitedHealth Group to notify people whose data was exposed during a hack on its Change Healthcare unit in February, the Wall Street Journal reported on Wednesday. The …

13 06, 2024

HDI Global Names Kouri Head of Claims in Canada Branch

By | June 13th, 2024|Uncategorized|Comments Off on HDI Global Names Kouri Head of Claims in Canada Branch

Claims services provider HDI Global SE promoted Krystyna Kouri to head of claims for the Canada branch. Kouri was previously working to help management in adjusting and insurance. She has more than 20 years of experience. She began her career …

13 06, 2024

Marsh: Cyber Extortion Reached Record High in U.S. and Canada in 2023

By | June 13th, 2024|Uncategorized|Comments Off on Marsh: Cyber Extortion Reached Record High in U.S. and Canada in 2023

Multiple companies in the U.S. and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands, a new report from Marsh shows. The report, Ransomware: A persistent challenge in cyber insurance claims, also showed an increasing …