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Virginia Forms Task Force to Block Worker Misclassification

Virginia Governor Ralph Northam has signed an executive order establishing a task force to come up with a plan to prevent worker misclassification and payroll fraud. The state estimates that the misclassification of employees as independent contractors costs Virginia as …

Canada Delays Sales of Recreational Cannabis in Retail Stores as Legalization Looms

Canada’s largest province is delaying the launch of private marijuana sales in bricks-and-mortar stores until April 2019, nearly six months after the drug is legalized for recreational use. Ontario’s Progressive Conservative government said Monday it will start cannabis sales with …

Indonesia Quake Losses Exceed Several Hundred Million Dollars; Deaths Pass 430

The death toll from the earthquake that rocked the Indonesian island of Lombok a week ago has passed 430 and the government is estimating economic losses will exceed several hundred million dollars. The national disaster agency said Monday the Aug. …

Hackers Could Target Fax Machines as Backdoor into an Organization’s Network

What could be less threatening than the old office fax machine? Nothing. That’s precisely why it’s used as a backdoor for hackers to get into an organization’s network. Check Point, a cyber security firm in Israel, said Sunday that their …

Moody’s Forms Stockholm Subsidiary to Prepare for Brexit

Credit ratings agency Moody’s is converting its Stockholm branch into a subsidiary as the sector faces regulatory pressure to have enough staff in the European Union post Brexit. Moody’s, one of the “Big Three” global agencies along with Standard & …

Marsh Launches Solicitor’s Professional Indemnity Solution in England, Wales

Marsh has launched a new insurance solution to assist small and mid-sized law firms in England and Wales in managing their professional indemnity (PI) risks. Available exclusively to Marsh clients, the solution uses analytics and independent performance data to model …

Chubb Taps Edey from Amtrust as Head of Management Liability, UK & Ireland

Chubb announced the appointment of Janet Edey as head of Management Liability for the UK and Ireland. In this role, Edey will have responsibility for leading and overseeing the development and execution of Chubb’s management liability strategy. Management liability includes …

Workers’ Compensation Insurers Face Rise in Motor Vehicle Accidents

Although there has been an overall decline in workers’ compensation claims, the frequency of claims for motor vehicle accidents has increased in recent years. According to the National Council on Compensation Insurance (NCCI) in a new report, these accidents can …

How Agent and Carrier Relationships Are Changing in a Customer-Centric World

Auto insurance shoppers are placing a greater importance on having more services provided to them today versus five years ago, underscoring the fact that shoppers are increasingly demanding more product options and more and different ways to connect with their …

EPIC Adds Glassford to Energy Construction Practice in Alabama

EPIC Insurance Brokers and Consultants has added attorney Jeremy Glassford to the firm’s Birmingham-based National Energy Construction practice as a senior client executive, reporting to EPIC Managing Principal Crawford McInnis. Glassford will be involved in all aspects of new business …

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