Ledgebrook, an insurtech based in Boston, has announced that it raised $4.6 million in a recent funding round. This funding will be used to scale the company’s flagship non-admitted GL & Supported Excess product and to support the development of future offerings. Details of the funding round Parker Beauchamp at Markd led the funding round, with participation from Brand Foundry
Employment law is constantly evolving, and Canadian law is no exception. In recent years, there have been significant changes to employment law in Canada that both employers and employees need to be aware of. In this article, we’ll go over some of the most important changes to Canadian employment law that you should know about. The Approaching Deadlines for Canada’s
The National Labor Relations Board (NLRB) has confirmed that discussions about racism in the workplace are protected under Section 7 of the National Labor Relations Act (NLRA). This decision has significant implications for employers who may face legal risks if they retaliate against employees for engaging in such discussions. Overview of the NLRB’s view on workplace discussions about racism The
Litigation is something that most organizations would rather avoid, but unfortunately, it is sometimes inevitable. That’s why it’s crucial to have a system in place to assist with pre-litigation and discovery needs, and that’s where HR departments come in. In this article, we’ll cover the four basic stages of the litigation process: pre-suit investigation and pleadings stage, discovery, trial or
One of the biggest challenges for employers is providing comprehensive healthcare coverage for their employees while also minimizing costs to the business. As healthcare costs continue to rise, companies are searching for innovative solutions to offer their employees the healthcare they need without breaking the bank. One attractive option is to offer a Health Savings Account (HSA) to employees. In
Canopius, one of the world’s leading specialty reinsurers, has teamed up with Theodore Tunick and Marshall & Sterling to offer admitted auto coverage to personal and commercial insureds in the US Virgin Islands (USVI). The agreement is made with Samsung Fire and Marine Insurance (SFMI), and Canopius will underwrite risks for both commercial and private auto clients using SFMI admitted
Severance agreements are often used by employers to ensure a smooth transition for employees who are leaving the company. These agreements typically include confidentiality and non-disparagement clauses that prohibit the employee from speaking negatively about the company or revealing confidential information. However, a recent decision by the National Labor Relations Board (NLRB) has paved the way for employees to challenge
Assurant, a global provider of risk management solutions, has partnered with CNH Industrial Capital, the financial services arm of CNH Industrial, to offer equipment protection and insurance products through CNH Industrial’s dealer network. The partnership aims to provide customers with better protection solutions and improve the customer experience, product offerings, and alignment with base warranty. In this article, we will
The Los Angeles City Council has proposed an ordinance to increase the minimum wage for both hotel workers and Los Angeles International Airport (LAX) workers. The proposed increase aims to improve the financial well-being of these workers who have been hit hard by the COVID-19 crisis. The proposed ordinance is a step towards achieving a more equitable distribution of wealth
In recent years, the insurance industry has faced considerable challenges – regulatory, technological, and economic – that have forced firms to re-evaluate their operations and strategies. As such, they are increasingly focusing on enhancing their operational resilience, acknowledging that this is a key factor in determining their long-term success. In this article, we examine recent trends and challenges facing the
The Iowa Senate has passed a controversial bill, SF 542, that would allow children to work longer hours and in jobs that are currently prohibited, such as serving alcohol. The bill has sparked a heated debate between those who support the move, saying it will modernize Iowa’s laws and teach children valuable skills through workforce training programs, and those who
The National Labor Relations Board (NLRB) recently ruled that certain non-disparagement and confidentiality provisions in severance agreements violate the National Labor Relations Act (NLRA). The Board found that these provisions unlawfully restrain employees from exercising their rights to engage in protected activity. This ruling has significant implications for employers who use severance agreements and has prompted the need to revisit
