Artificial intelligence (AI) technology is rapidly transforming the insurance industry. As more businesses seek efficient ways to process large volumes of data, AI has emerged as a game-changer. One company at the forefront of this development is Roots Automation, the pioneer behind AI-powered Digital Coworkers. Recently, the company unveiled its newest innovation called InsurGPT. This state-of-the-art, fine-tuned Generative AI model
In March 2023, the New Jersey Appellate Division issued a ruling that could significantly impact the discoverability of private social media accounts and personal cell phone records in employment litigation. The case involved a former employee’s lawsuit against her former employer for wrongful termination in violation of the New Jersey Law Against Discrimination (NJLAD). The employee alleged that her employer’s
As the COVID-19 pandemic continues to impact people and businesses across the world, the end of the public health emergency has become a topic of discussion among many policymakers and healthcare providers. In the United States, the emergency is set to end officially on May 11, 2023. This article delves into what this end means for welfare plans and plan
As the National Labor Relations Board (NLRB) continues to refine what constitutes “unfair labor practices” affecting workers, its recent decision in McLaren Macomb could have significant consequences for employers. In the case, the Board considered the structure and content of severance agreements and their enforceability under the National Labor Relations Act (NLRA). This article will examine the Board’s positions regarding
Fraud is a growing problem in the insurance industry, costing billions of dollars each year. The rise of technology, including new capabilities like generative AI, has increased the threat of fraud. To help combat this problem, CCC Intelligent Solutions and Verisk have partnered to prevent auto insurance fraud. The partnership brings together the market-leading technologies of both companies. CCC and
The National Labor Relations Board (NLRB) recently made a pro-employee decision, holding that the familiar Wright Line standard no longer governs cases involving employees disciplined for engaging in offensive or abusive conduct while participating in activities protected by Section 7 of the National Labor Relations Act (NLRA). Instead, the Board re-adopted “setting-specific” standards for those cases. This decision has significant
President Joe Biden has signed Executive Order (EO) 14005, which requires federal agencies that award contracts for large-scale construction projects to ensure their contractors agree to enter into a project labor agreement (PLA) in compliance with laws and regulations. The purpose of this article is to provide a deep dive into how this Executive Order impacts the construction industry and
The rise of remote work has brought about new challenges for employers, particularly when it comes to complying with state employment laws. As more employees work from home in different states, employers must navigate the complexities of state-specific labor regulations and requirements. Failure to do so can result in costly penalties and lawsuits. In this article, we’ll take a closer
Trade secrets are essential to many companies, providing them with unique advantages in a competitive business environment. Whether they are pricing schemes, business plans, or production shortcuts, protecting trade secrets is crucial to maintaining a company’s success. However, protecting these trade secrets can be challenging, particularly when key employees leave for a competitor. This article explores the potential risks of
As the world becomes increasingly pet-friendly, with more and more people welcoming furry friends into their homes, the pet insurance industry has experienced significant growth in recent years. The North American Pet Health Insurance Association (NAPHIA) has recently released its 2023 State of the Industry (SOI) Report, showing impressive growth in the North American pet health insurance sector. This report
The InsurTech industry has bounced back strongly in the first quarter of 2021, with global investments reaching $1.39 billion, according to the latest Global InsurTech Report from Gallagher Re. This marks a 37.6% increase from the previous quarter’s lowest total since Q1 2020, indicating a strong recovery for the industry. The report also highlights some interesting trends in the industry,
A recent court ruling serves as a reminder to employers that job fractioning is not an effective defense against claims of unlawful discrimination. The ruling involves the case of Spears v. Louisiana College where the plaintiff brought claims of age, sex, and disability discrimination, as well as breach of contract and retaliation. In this article, we will explain what job
