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New case of consolidation in reinsurance decisions

It is quite clear in most jurisdictions that the question of whether disputes under several reinsurance contracts should be consolidated is a matter for arbitrators and not the court. What is less clear is how the parties get an arbitration panel in place to address the consolidation issue. A California federal court has recently dealt with this issue. I Employers …

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A trip in an RV should not ruin your marriage …. or your day

Errors occur, especially when you are unknown, but the results of a new survey may still surprise you. The survey showed that among camper vans, a spouse is more likely to be mistaken than the dog. A leading RV insurer, Progressive Group of Insurance Companies, investigated more than 1,000 RVers nationwide to reveal the funny mishaps they have experienced during …

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The vegan seeks protection against discrimination in the labor market

Several philosophers interviewed by the European online publication Quartz say vegans should be protected according to anti-discrimination rules in terms of employment. "I think it's a healthier faith than any of the religions," told a reporter. "I think that veganism rests on a strong moral basis. It is clear a deep belief that affects your life and how you behave …

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RIMS urges risk managers to address California privacy laws

Risk Managers should launch internal discussions with key stakeholders on the implementation of California's Consumer Protection Act from 2018 and the impact it may have on their business, says a report issued by Risk & Insurance Management Society Inc. on Thursday. The law, signed in law by Jerry Brown in June, enters into force on January 1, 2020 and is …

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Clues in Marriott hack implicate China: Sources

(Reuters) – Hackers behind a major violation of Marriott International Inc. hotel group left clues suggesting they were working for a Chinese government intelligence service, according to sources familiar with the issue. Marriott said last week that a hack that started four years ago had revealed record of up to 500 million customers in its Starwood hotel reservation system. Private …

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Florida Eye California's California Processing Process for Comparative Savings

California's 6-year Independent Health Care Worker Program for Workers could be a solution to keeping Florida's workers compensation costs low, according to a report released Tuesday by Florida TaxWatch. The report examined how California conducted the "cost-effective, non-legal process … in which disputes about medical treatment of injured workers are solved by doctors rather than in court", according to a …

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J & J unit to pay $ 360M to US to resolve charity kickback probe

(Reuters) – A unit of Johnson & Johnson has agreed to pay the U.S. government $ 360 million to resolve an investigation into its financial support of charities that help Medicare patients cover out-of-pocket drug costs, the U.S. Justice Department said on Thursday. The settlement with Actelion Pharmaceuticals US Inc., which became a subsidiary of J & J after the …

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California insured fires can reach $ 13B: AIR

Woolsey Fire burns near Malibu, California. / SHUTTERSTOCK.COM Industry-guaranteed losses from the Camp and Woolsey fires in California will amount to $ 9 billion to $ 13 billion, with Camp Fire costing $ 6 billion to $ 9 billion to the AIR Worldwide disaster model, Boston-based the company in a statement on Thursday. Camp Fire has now become the deadliest …

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