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.
Ten Black employees, consisting of both men and women, have filed a lawsuit against Sweetgreen and two “head coaches,” alleging racial discrimination and sexual harassment within multiple restaurants in New York. The lawsuit was submitted to the New York State Court on Thursday, highlighting the employees’ claims of regular use of racial slurs, derogatory comments, and other forms of discrimination.
In today’s digital landscape, organizations face ever-increasing cyber threats that can have dire financial consequences. As a result, cyber insurance has become an essential component of a comprehensive risk management strategy. Recognizing the importance of accurate risk assessment and insurance rates, SecurityScorecard and Measured Insurance have joined forces to deliver a groundbreaking initiative – the first cyber insurance premium incentive
Bold Penguin, a leading small commercial insurance solution platform, has recently announced an exciting partnership with myCOI, the platform that helps companies collect, verify, and monitor insurance tracking certificates. This collaboration aims to simplify small commercial insurance for agents, brokers, and business owners, empowering them to protect the small and medium-sized businesses (SMBs) they serve. Overview of Bold Penguin Bold
In today’s increasingly digital world, small and medium-sized enterprises (SMEs) face significant cybersecurity risks. To address these threats, Cowbell Cyber, a leading provider of cyber insurance for SMEs, has recently partnered with Zywave, an insurtech solutions provider. Together, they aim to offer individualized coverage options through Zywave’s innovative API-first interface. This collaboration marks a milestone in the cyber insurance industry,
In a significant development for the home insurance industry, Kin, a direct-to-consumer insurance company, has announced the closing of a $33 million Series D extension. This latest funding round signals a surge in investor confidence in Kin’s unique business strategy and market focus, which has propelled the company’s systematic and capital-efficient growth. Unique Business Strategy and Market Focus Kin’s distinctive
Addressing the needs of small and medium-sized businesses (SMBs) in the insurance space, Bold Penguin, a leading small commercial insurance solution platform, has announced a strategic partnership with myCOI. This collaboration aims to provide myCOI users with seamless access to additional small commercial insurance options, further simplifying the insurance process. Bold Penguin’s Integrated Digital Solution Platform Trusted by agents and
Two years ago, the National Labor Relations Board (NLRB) signaled its intention to scrutinize workplace policies that may infringe on employees’ rights to engage in protected activity. This memo from the NLRB’s general counsel highlighted the importance of protecting employees’ rights under Section 7 of the National Labor Relations Act (NLRA). Recently, the decision in Stericycle, Inc. and Teamsters Local
In a move to boost the adoption of cyber insurance among small and medium-sized enterprises (SMEs), leading cyber insurance provider Cowbell has formed a strategic partnership with insurtech solutions provider Zywave. This collaboration aims to revolutionize the industry by offering individualized coverage options through an API-driven interface, providing quicker access to modernized cyber insurance products for managing general agents (MGAs),
Cincom Systems®, a leading global provider of Customer Communications Management (CCM) solutions, has recently announced its partnership agreement with Socotra Inc. This strategic collaboration aims to transform and simplify the development, production, and delivery of complex customer communications for insurers. By combining the power of the Socotra product line and Cincom Eloquence®, insurers can enhance customer experience with more timely,
In an effort to promote pay equity and improve transparency in job postings, New York has implemented a new salary disclosure law that requires all job listings in the state to include a salary or salary range. Effective from September 17th, this legislation aims to empower job seekers with important information up front and address systemic pay inequity and discriminatory
The insurtech industry experienced a period of exuberant investment resulting in inflated valuations. However, the aftermath revealed that a significant number of insurtech ventures were unable to sustain their operations. Nevertheless, the influx of insurtech firms played a crucial role in fostering digital innovation across the insurance industry. This article delves into the impact of the insurtech boom, the digital
