Global shifts, local risks: what the C-suite needs to know

[ad_1] Changes in pricing dynamics and risk exposure outlined [ad_2] Source link

[ad_1] Senate Bill 174 would remove the exemption the insurance industry has had since the UTPA was enacted in 1971. The act governs a broad set of business conduct rules, including civil penalties, price discrimination, antitrust enforcement, and fair marketing practices. [ad_2] Source link

[ad_1] Managing seasonal employees becomes crucial as businesses gear up for the busy summer season. From compliance with complex state and federal employment regulations to performance management, various aspects must be considered to ensure a productive and harmonious workplace throughout the summer months. Seasonal employees in New York are subject to the same regulations as…

[ad_1] From warehouse storage to nationwide shipping, wholesale fabric distributors weave throughout the supply chain for retailers, designers, and manufacturers. However, with large inventories of highly flammable material, complex vendor contracts, and deliveries in motion, this sector faces significant risk exposure. Below, Deidra Hoschak—senior small business underwriter at Central Insurance—gives expert advice for the core…

[ad_1] The USLI umbrella policy states: “If you are legally liable to pay damages for a loss to which this insurance applies, we will pay your net loss in excess of the retained limit. … We are not, however, obligated to defend any claim or suit which is covered in whole or in part by…

[ad_1] It delivers a win for insurers in a case over whether a contractor’s consumer fraud judgment is covered under a CGL policy [ad_2] Source link