Monthly Archives: <span>April 2022</span>

Deliveroo Found Guilty, Fined for Abusing Riders’ Rights in France

Two former managers of Deliveroo were given suspended one-year prison sentences and fined 30,000 euros ($32,380) by a French court on Tuesday for abusing the freelance status of cycle riders working for the British takeaway delivery platform. The company was …

‘Zero-Day’ Hacks Hit Record in 2021, Google Researchers Say

After a year dominated by high-profile ransomware attacks and supply chain compromises, researchers from Alphabet Inc.’s Google have identified another ignominious cyber milepost for 2021: a record number of “zero-day” exploits. A zero-day exploit is a previously unknown bug which …

Travelers CEO Schnitzer: Loss Costs ‘Challenging as Ever to Predict’

In the words of its CEO, there’s a “fair amount to pay attention to” from the first-quarter earnings call of Travelers, as the P/C insurer grew net written premiums 11% to a record $8.4 billion. “Geopolitical risk is at a …

Florida’s Harbour Agency Joins Renaissance Alliance

Harbour Insurance Agency in Florida has joined Renaissance Alliance, a national network designed to help agencies grow revenue. Harbour, with offices in Naples, North Naples, Estero and West Coral Springs, specializes in high-net-worth personal lines. Will Kastroll is founder and …

Hospital Must Turn Over Info on Famous Cardiologist, Appeals Court Says

Once a party relinquishes information considered privileged, it cannot then claim that other information about the same subject must remain sealed, a federal appeals court found in a medical malpractice and fraud case that has resulted in three separate rulings …

J&J Settles West Virginia Opioid Suit for $99 Million

Johnson & Johnson has agreed to pay $99 million to settle claims by West Virginia that it helped fuel an opioid addiction crisis in the state, removing the company from a trial that began earlier this month. West Virginia is …

People Moves: Lockton Names Franze Senior Vice President; Gorst & Compass Adds Peterson in Pacific Northwest

Lockton named Jennifer Franze senior vice president in its Mountain West series. Franze has 15 years of experience servicing industries and sectors including higher education, technology, financial services, healthcare, and professional services. Most recently, she was with Aon. She was …

NFL’s Washington Commanders Deny Financial, Workplace Misconduct Allegations

The NFL’s Washington Commanders denied several allegations of financial impropriety in a letter sent Monday to the U.S Federal Trade Commission. The 19-page letter — including testimony, emails and other documents — came as a response to the U.S. House …

Virginia Woman Bitten by Snake Endures Complex Disability, Financial, Legal Effects

It was the snakebite story shared around the globe. At least that’s how it felt to Rachel Myrick, who was bitten by a poisonous snake more than 41/2 years ago in the foyer of a Spotsylvania County restaurant. The “crazy …

Carrier and Agency Duties Under the DOL Fiduciary Rule

This post is part of a series sponsored by AgentSync. The insurance industry thrives on rewarding top-selling agents, but the Department of Labor’s (DOL’s) fiduciary rule says traditional sales incentives tied to annuities present a compliance challenge for carriers and …