Posts by Y@DminG
Starbucks Will Pay $38.9M to Settle Probe Over Worker Schedules
Starbucks has agreed to pay $38.9 million to settle claims by New York City that the coffee chain violated a local law requiring fast food businesses to give workers predictable and stable schedules more than half a million times over … Source: Claims Journal
Read MoreE-Deliveries Fueling Crashes, Traffic, Pollution and Worker Injuries in New York
Rapidly growing e-commerce and last-mile delivery services have contributed to significant increases in crashes, traffic, workplace injuries and air pollution, according to a report from New York City Comptroller Brad Lander. The report estimates that roughly one-in-three New Yorkers receives … Source: Claims Journal
Read MoreSupreme Court Questions $1 Billion Music Piracy Suit Against Cox
The U.S. Supreme Court weighed giving internet providers a stronger shield from legal liability when customers pirate copyrighted works, questioning a $1 billion music industry copyright lawsuit against Cox Communications Inc. Hearing arguments in Washington Monday, several justices expressed doubts … Source: Claims Journal
Read MoreHoliday Shoppers Shake Off Economic Blues for Online Spending Spree
U.S. consumers shrugged off worries about the economy after their Thanksgiving dinners and went on a $23.6 billion three-day online shopping frenzy that exceeded analyst expectations, kicking off the holiday season. Adobe Analytics said online spending on Monday was up … Source: Claims Journal
Read MoreJamaica Secures $6.7B From Agencies for Post-Melissa Rebuild
Jamaica has secured up to $6.7 billion in support from international agencies to fund reconstruction over the next three years in the wake of Hurricane Melissa. Melissa, one of the strongest storms on record to make landfall in the Caribbean, … Source: Claims Journal
Read MoreMassive Coupang Data Breach Caps Record Year for Cyber Breaches
A massive data breach at South Korea’s largest e-retailer Coupang Inc. caps what is set to be a record year for online leaks in the country, highlighting weaknesses in Seoul’s cyber defenses. Coupang, known for its popular early morning grocery … Source: Claims Journal
Read More‘Super Roofs’ Are Rewarding Insurers, Cat Bond Investors and Homeowners
As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there’s another way to fund disaster preparedness: a … Source: Claims Journal
Read MoreHow Three New CMS Policies Impact Workers’ Comp Claims
It is often said that things in life (good or bad) happen in threes. Whether this is true is beyond this author’s expertise. However, when it comes to Workers’ Compensation Medicare Set-Asides (WCMSAs), the financial arrangements to ensure that Medicare … Source: Claims Journal
Read MoreCamera-Coaching Pilot Cut NYC Workers’ Compensation Claims
A three-year pilot program using video surveillance and coaching at New York City construction sites led to enhanced job safety and a more than 50% drop in workers’ compensation claims frequency. According to insurer Zurich North America, Zurich Resilience Solutions … Source: Claims Journal
Read MoreInsurance Customers Skeptical About AI Processes and Benefits
While insurance consumers may be warming up to artificial intelligence, 68% say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ingrained and accepted as part of the insurance industry’s … Source: Claims Journal
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