R&R Construction Maintenance of North Carolina Inc. recently settled a case with the U.S. Department of Labor (DOL) by paying a substantial sum of $1.6 million in back wages and liquidated damages. The settlement comes as a result of a DOL investigation that revealed the company’s misclassification of 188 employees as independent contractors, which violates labor laws. Background: Misclassification of
The rapid growth of the gig economy, particularly in the rideshare and delivery sectors, has necessitated the need for robust protection for both drivers and passengers. Recognizing the importance of this, Uber has joined forces with insurtech company Cover Genius to integrate their award-winning distribution platform, XCover, to offer drivers embedded protection. This partnership represents a significant step forward in
VirgilHR, a leading technology company focused on HR compliance, has recently unveiled a groundbreaking chat-based tool for employee onboarding. This innovative platform allows organizations to accurately classify employees as exempt or non-exempt during the onboarding process, eliminating the potential risks and costs associated with misclassification. Properly classifying employees is a crucial step in the onboarding process, ensuring that organizations comply
NEXT Insurance, a leading digital small business insurer, has made a significant stride by introducing its commercial umbrella/excess liability coverage. This new offering aims to provide small businesses with an additional layer of protection beyond their foundational general liability policy. The company’s commitment to serving its customers is evident as the expansion will be available both directly and through agents,
Acturis Group, a leading insurance software provider, has made a strategic move to enter the US market by acquiring Broker Buddha, a digital client engagement platform. This acquisition not only demonstrates Acturis Group’s commitment to expanding its global presence but also highlights its vision to enhance customer loyalty and streamline operations for insurance agencies through innovative digital solutions. Overview of
In a groundbreaking move, a bipartisan bill was introduced in the U.S. House of Representatives on Thursday aiming to address the issue of federal security clearances and employment opportunities for individuals with a history of marijuana use. Titled the Cannabis Users Restoration of Eligibility Act, or CURE Act, this legislation aims to eliminate obstacles faced by previous or current marijuana
In the dynamic digital age where cyber threats emerge daily, the need for cyber insurance is at an all-time high. As businesses increasingly face the risk of cyber attacks and data breaches, underwriters have turned to external vulnerability scanning tools to evaluate the cyber risk profile of their clients. This article explores the benefits and limitations of external vulnerability scanning
In an exciting development for the insurtech industry, Blitz Insurance and Ascend have announced a strategic partnership aimed at modernizing payment experiences for insurance brokers in specialty markets. With the objective of unlocking new customer segments and improving payment experiences, this collaboration promises to be a game-changer in the world of specialty insurance. Unlocking new customer segments One of the
The U.S. 9th Circuit Court of Appeals recently made a significant ruling that underscores the importance of maintaining a respectful and inclusive work environment. In a case involving wholesale clothing manufacturer S&S Activewear, the court determined that allowing offensive music to be played in the workplace could be considered a form of harassment that violates Title VII of the Civil
Amazon, the e-commerce giant, has chosen CLARA Analytics as its technology partner for a new program aimed at enhancing health and claim outcomes for their corporate workers’ compensation claims. This partnership signifies a significant step forward in leveraging artificial intelligence (AI) and advanced machine learning technologies to revolutionize the management of insurance claims. CLARA’s AI Platform At the core of
California is taking proactive measures to ensure that employers comply with the California Consumer Privacy Act (CCPA) in order to protect the personal information of individuals. In a recent announcement, California Attorney General Rob Bonta revealed an ambitious investigative sweep targeting employers. Through inquiry letters sent to large California employers, the attorney general’s office aims to gather information on companies’
The U.S. Citizenship and Immigration Services (USCIS) has recently released an updated version of Form I-9, which is a vital document used by employers to verify the identity and employment eligibility of their employees. This updated form includes a new checkbox that allows employers to indicate the use of alternative verification procedures. Importantly, USCIS has approved one such procedure, which
