Marsh also accuses Aon, McDonough, and other former employees of using confidential information to solicit clients. The complaint notes that the day after the mass resignation, a long-standing Marsh client informed the company it would move its business to Aon, naming McDonough as its primary contact. Additional clients have reportedly followed.
“We envision a future, not a distant one, where many of our colleagues are AIs. Imagine an actuary who can join a Zoom call anytime, 24/7, with access to all of Lemonade’s historical and real-time data,” he told the audience of insurtech and insurance leaders in London. Source link
House Bill 1228 creates a carveout to Kentucky’s long-standing rule that excludes psychological injuries from workers’ compensation coverage unless directly caused by physical harm. The bill, which applies to police officers, firefighters, emergency medical personnel, front-line state workers, and Kentucky National Guard members, introduces a presumption of compensability for PTSD diagnoses stemming from job-related trauma….
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. Source link
The plaintiffs, which included Travelers and a group of insurers affiliated with Philadelphia Indemnity, reimbursed their insureds for expenses following the breach, including costs of forensic investigations, legal counsel, constituent notifications, and credit monitoring. Their insureds—more than 100 nonprofit and educational organizations across 35 states and the District of Columbia—used Blackbaud’s software to manage donor…
