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Federal Judge Strikes Down Biden Overtime Pay Rule

5 days 20 hours ago
A federal judge in Texas on Friday permanently blocked a Biden administration rule that would have made about 4 million more salaried U.S. workers eligible for overtime pay. U.S. District Judge Sean Jordan in Sherman, Texas, said the U.S. Department …
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Oklahoma Insurance Commissioner Issues Bulletin on Use of AI

1 week 1 day ago
Oklahoma Insurance Commissioner Glen Mulready issued a bulletin providing insurers with regulatory guidance on the use of artificial intelligence. The bulletin, which was adopted by the National Association of Insurance Commissioners (NAIC), outlines expectations on the ethical use of AI. …

Skyward Specialty Launches Life Sciences Liability Coverage

1 week 1 day ago
Houston-baed Skyward Specialty Insurance Group announced the launch of its new life sciences liability coverage. The strategic addition to the Company’s healthcare solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the needs of the life sciences …

Insurance Industry Labor Market Remains Stable: Report

1 week 1 day ago
A large majority of carriers intend to increase or maintain staff sizes in the next 12 months, according to Jacobson’s Q3 2024 Insurance Labor Market Study. While the industry continues to add jobs, the employment growth remains relatively modest, according …

FTC’s Holyoak Concerned AI Collecting Children’s Data

1 week 1 day ago
U.S. Federal Trade Commissioner Melissa Holyoak said on Thursday the agency should look into how artificial-intelligence products use the data they gather from younger users, amid privacy and safety concerns. Holyoak, one of two Republicans on the commission who could …
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