Florida Will Not Allow Insurance Holders to be Indemnified for “Ill-Gotten Gains”
The United States Court of Appeals for the Eleventh Circuit recently affirmed the United States District Court for the Southern District of Florida’s decision against allowing insurance holders to be indemnified for “ill-gotten gains.” Sabal Insurance Group provided workers’ compensation and general liability insurance to Quality Aircraft Services (QAS), paid for by Miami-Dade Aviation Department…
Another 1.2 Million Workers to be Eligible for Overtime Pay Under New Dept. of Labor Rules
After five years of debate and litigation, the United States Department of Labor has finally announced its new overtime rules, and an estimated 1.2-million workers are expected to become eligible for overtime pay who do not qualify under present rules. The new overtime exemption rule published on September 24 sets a new annual salary threshold…
Cyberinsurance Policy Considerations
The concept of purchasing cyberinsurance to insure against cyber threats seems fairly simple at first glance. Many companies fear the financial costs and reputational harm that often results from a cyber security breach and seek to mitigate these risks through insurance. However, the actual usage of cyber insurance tends to raise a lot of questions,…
New Digest of Equal Employment Opportunity Law Issued by EEOC
The U.S. Equal Employment Opportunity Commission (EEOC) has published online the newest edition of its federal sector Digest of Equal Employment Opportunity Law (EEO Digest), which is now available on the EEOC’s website at https://www.eeoc.gov/federal/digest/vol_2fy19.cfm. The issue is dated Fiscal Year 2019, Volume 2, April 2019. “It is important for our stakeholders to know what…
