The U.S. Department of Labor (DOL) recently made an important announcement on November 28th, signaling a significant change in its approach to addressing child labor violations. The department will now assess child labor civil monetary penalties on a per-violation basis, a decision that aims to strengthen enforcement efforts and enhance the protection of underage workers. This article delves into the
Singapore-based insurtech Igloo has successfully raised $36 million in a Pre-Series C funding round, led by Eurazeo, a global investment firm. With participation from Openspace’s OSV+ and returning investor La Maison, this latest funding round comes just 10 months after Igloo’s previous Series B+ fundraising and brings the total amount raised to an impressive $100 million. The significant investment will
Slide Insurance, the full-stack homeowners insurtech focused on writing business in Florida currently, is making significant strides in expanding its presence in the market. The company has announced the launch of an admitted H06 condominium insurance policy, adding to its existing offerings. This expansion aims to provide condo owners and agents with comprehensive coverage options tailored to their specific needs.
A former employee has taken legal action against Taco Bell, filing a wrongful termination lawsuit. The individual alleges that the situation at work became unbearable following a wild holiday party, ultimately leading to their resignation. The lawsuit claims a hostile work environment and violations of the Fair Employment and Housing Act (FEHA). Let’s delve into the details of this troubling
Measured Analytics and Insurance, a leading provider of comprehensive cyber insurance solutions, has recently achieved the coveted Amazon Web Services (AWS) Cyber Insurance Competency. This recognition highlights Measured’s dedication to fortifying cyber resilience for small and medium-sized enterprises (SMEs) by providing enhanced security and affordable insurance options. Through a simplified customer experience and the integration of AI-driven risk assessment, Measured
In a rapidly digitizing world, insurance agencies need to adapt and provide efficient services that meet customer demands. NowCerts, a leading agency management system, has partnered with Input 1 to offer an integrated payments solution, enabling NowCerts’ agents and users to expand their service offerings and accept digital payments via credit, debit, and ACH. This partnership comes at a time
InsurTech NY, the largest InsurTech community in North America, recently completed its fourth growth-stage InsurTech accelerator cohort. As the demand for innovative solutions in the insurance industry continues to grow, InsurTech NY plays a crucial role in supporting startups and fostering their development. Selection Process Out of a remarkable pool of over 155 applicants hailing from 20 countries around the
Papa John’s, the popular pizza chain, has agreed to pay $175,000 to settle a disability discrimination case brought against them by the U.S. Equal Employment Opportunity Commission (EEOC). This settlement comes after a worker with vision impairments was denied a reasonable accommodation at a Papa John’s restaurant in Athens, Georgia. The lawsuit highlights the importance of providing equal opportunities for
The insurance industry is currently undergoing a profound transformation, characterized by disruptive technologies and innovative ideas that challenge traditional business models and reshape the status quo. Telematics, data science, and advanced technology have revolutionized risk assessment and customer interaction in the insurance sector, ushering in a new era of possibilities. The Emergence of InsurTech Coalition In response to these transformative
In an effort to enhance their outward reinsurance system, Synpulse, a leading management consulting firm, has recently partnered with insurtech software provider, Cenata. This exciting partnership aims to offer commercial insurers and reinsurers real-time outward reinsurance management through CenataSure, a cutting-edge software solution. With its advanced automation, integration, and reporting features, CenataSure is set to transform the way reinsurance treaties
Singaporeans are increasingly recognizing the importance of comprehensive yet affordable travel insurance. To cater to this growing need, Seedly, the largest personal finance platform in Singapore, has launched Seedly Travel Insurance. This innovative product offers two tiers of coverage – Seedly Travel Safe and Seedly Travel Secure – providing flexible options to meet diverse customer needs. With its inclusive coverage,
Alliant Insurance Services, one of the nation’s leading distributors of diverse insurance solutions, has recently appointed Martin Khalaf as Senior Vice President within its Alliant Americas division. This strategic move aims to strengthen the company’s West Coast brokerage team and expand its capabilities in California, further solidifying its position in the region. Khalaf’s Extensive Expertise in Risk Assessment, Management, and
