The insurance sector is undergoing a major transformation as innovative technologies reshape the industry. These advancements aim to improve customer experiences, expedite operations, and enhance risk management. In
The Travelers Companies, Inc. (NYSE: TRV) has successfully finalized its acquisition of Corvus Insurance Holdings, Inc., a company known for its industry-leading suite of integrated cyber sales, underwriting,
In a bold move to revolutionize the landscape of mutual insurance, Bain Capital Insurance has invested $200 million to establish The Mutual Group. This strategic initiative aims to
In a significant development, Phoenix-based steel fabrication company Schuff Steel has agreed to pay $500,000 to settle allegations of harassment and retaliation against Black and Latino employees. Although
In the ever-evolving landscape of technology, Lemonade, an insurtech company, has emerged as a trailblazer by harnessing the power of artificial intelligence (AI) to revolutionize the insurance industry.
Chinese shipping insurance company, COSCO Shipping Captive Insurance, has joined forces with IQAX Limited to promote the capabilities of IQAX electronic bills of lading (eBL). This strategic alliance
In a recent employment dispute in British Columbia, an employee has emerged victorious after being wrongfully dismissed over a “strongly worded” email. The Supreme Court ruling awarded the
The global insurance sector plays a vital role in safeguarding the financial well-being of individuals, businesses, and economies as a whole. As insurers face various challenges in an
In today’s workplace, accommodating employees with medical conditions is not only a legal obligation but also a moral responsibility. However, employers have the right to set reasonable limitations
In a recent ruling, a National Labor Relations Board (NLRB) judge determined that Whole Foods Market did not violate its workers’ rights by implementing a ban on Black
Duck Creek Technologies, a leading provider of insurance software solutions, has recently announced its support for and integration into Lloyd’s Outwards Reinsurance Scheme (LORS) for its ceding reinsurance
The United Auto Workers (UAW) union, along with nonunion employees at Volkswagen Group’s assembly plant in Chattanooga, Tennessee, is once again filing an unfair labor practice complaint against
