Next Insurance, a leading insurtech company, has recently introduced a game-changing tool for insurance agents called the NEXT Coverage Builder. This innovative platform represents a fundamental leap in allowing agents to micro-tailor small business quotes for their clients, providing them with the ability to select the appropriate coverage limits and fully control the insurance policies they are quoting. The Benefits
Under Title VII of the Civil Rights Act of 1964, employers are obligated to provide reasonable accommodations for their employees’ sincerely held religious beliefs unless it would result in undue hardship. In recent years, the burden of proving undue hardship has shifted, creating new challenges for employers. This article explores the implications of a significant Supreme Court ruling in Groff
The Texas Workers’ Compensation Act (TWCA) provides death benefits for the surviving spouse of a deceased employee. However, in a recent case involving Rush Truck Centers of Texas, L.P., the surviving spouse filed a lawsuit alleging gross negligence by the employer and sought workers’ compensation. The trial court denied the motion, prompting the widow to appeal. In a significant ruling,
With New York’s new wage transparency law in full effect, HR professionals across the country must review their wage offerings to avoid fair pay or discrimination lawsuits. This article will delve into the requirements of the law, highlighting its impact on wage disparities, explaining its application, discussing the accuracy of posted pay ranges, and emphasizing the commitment to closing the
Title: Revolutionizing Insurance has been an instinctual need of humans since time immemorial. From ancient times, people have sought stability and protection against unforeseen events. In a world with an unclear projection of the future, claiming insurance has become the safest option for individuals and businesses alike. However, in countries like India, insurance penetration remains alarmingly low, with less than
Hong Kong-based insurtech company, Bowtie, has recently concluded a highly successful Series B2 funding round, securing a significant investment of $34.9 million. The achievement reflects the strong trust and confidence that investors have in Bowtie’s potential to revolutionize access to health insurance for customers. With this infusion of funds, Bowtie aims to enhance its technological capabilities and tackle Hong Kong’s
The insurance industry has long been known for its traditional and conventional approaches. However, in recent years, a wave of insurtech firms has emerged, reshaping the way insurance is purchased, sold, and managed. These innovative companies leverage cutting-edge technologies such as data analytics, artificial intelligence (AI), and blockchain to revolutionize every aspect of the insurance sector. The use of data
In a proactive move towards ensuring safer work environments, the California Legislature recently passed a bill aimed at preventing workplace violence. The legislation, known as SB 553, is set to take effect on January 1, 2025. It mandates that most employers create workplace violence prevention plans, maintain logs on violent incidents, and provide training to workers on reporting such incidents.
President Joe Biden’s call for federal agencies to return to work has sparked conversations about the practical implications of transitioning back to the office. As organizations adapt to the new normal, the impact of remote work on wage and hour laws cannot be ignored. This article explores the evolving landscape of “commute time” under the Fair Labor Standards Act (FLSA)
In an effort to address illegal immigration and prioritize job security for American workers, six Republican senators have proposed a bill that would require all employers to use the U.S. Department of Homeland Security’s E-Verify program for employment authorization. Additionally, the legislation aims to raise the national minimum wage from $7.25 an hour to $11. Let’s explore the specifics of
In a bid to streamline and simplify the insurance verification process, Evident has recently launched its groundbreaking generative AI solution for risk managers. With the introduction of Evie, an AI virtual assistant, important aspects of risk management can now be handled with greater efficiency and effectiveness. Evie: The AI virtual assistant Evie has been specifically designed to assist various external
In a late-night legislative session, the California State Senate voted 32 to 8 in favor of a significant labor law deal, bringing about substantial changes to the state’s employment landscape. The amended bill, known as AB 1228, repeals and replaces the contentious FAST Recovery Act (AB 257) and establishes a wage-setting council composed of representatives from both industry and labor.
