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Video Game Maker in California to Pay $10M in Gender Bias Case

The maker of popular video game League of Legends has agreed to pay $10 million to female employees to settle a broad gender discrimination case. Court documents show that Los Angeles-based Riot Games will pay about 1,000 current and former …

Report on California Workers’ Comp Looks at Medical Provider Fraud

The Workers’ Compensation Insurance Rating Bureau of California in a follow-up analysis to its 2018 study that evaluated the potential impact of medical provider fraud enforcement shows indicted providers treated significantly more injured workers and rendered more services per injured …

Insurtech M&A: Applied Systems to Acquire Indio to Digitize Commercial Lines Sales

Leading insurance technology firm Applied Systems has agreed to acquire digital insurance technology startup Indio Technologies. The move will enable Applied Systems to offer Indio’s digitized commercial insurance application and renewal process to its 13,000 agency and brokerage customers and …

New York Governor Seeks Federal Disaster Funds for October Storm

New York Governor Andrew Cuomo is calling for federal funding to help New York communities recover from Halloween storms packing strong winds, heavy rain and flash flooding. Democrat Cuomo’s office cites state and federal estimates that the October 31 storm …

Verisk Signs Agreement to Acquire New Jersey’s FAST

Verisk, a Jersey City, N.J.-headquartered data analytics provider, has signed a definitive agreement to acquire FAST, a privately held software company for the life insurance and annuity industry based in Iselin, N.J. FAST offers a flexible policy administration system that …

Maine Municipal Employee Hit and Killed by City Truck He Was Using

Maine police say a city employee was struck and killed by the bucket truck he had been driving while he and another worker were hanging Christmas wreaths. The Portland Press Herald reports the two workers were hanging wreaths on light …

Supreme Court Justices Question Landowners’ Claims in Montana Superfund Cleanup

U.S. Supreme Court justices on Tuesday appeared inclined to shield a unit of British oil major BP Plc from claims seeking a more extensive cleanup of a Superfund hazardous waste site in Montana than what federal environmental officials had ordered. …

How Sex Abuse Claims Laws Have Changed in 15 States

Fifteen states have revised their laws in the past two years extending or suspending statute of limitations to allow child sex abuse claims stretching back decades, unleashing potentially thousands of new lawsuits against the U.S. Roman Catholic Church. Some highlights …

Under New State Laws, Catholic Church Could See New Wave of Abuse Suits

A wave of new laws in 15 states that allow people to make claims of sexual abuse going back decades could bring a deluge of lawsuits against the Roman Catholic Church that could surpass anything seen so far in its …

Directors and Officers Face Significantly Higher Range of Risks: Allianz Report

The range of risks facing company executives, or directors and officers (D&Os), has increased significantly in recent years along with resulting insurance claims, according to a report published by Allianz Global Corporate & Specialty (AGCS). Titled “Directors and Officers Insurance …

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