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Ask the Expert Q&A: Management Liability

Ask the Expert Q&A: Management Liability

Wrongful termination allegations and shareholder lawsuits are among the numerous management liability risks companies may encounter. To learn more about these challenges and the corresponding insurance solutions, Crain’s Content Studio spoke with Marvin Cigarroa, Broker, Professional Liability, Burns & Wilcox, San Diego, California. What are some of the greatest management liability risks companies face today? M.C.: The management liability risks…

Amazon’s ‘Alexa’ Used Customers’ Voice Data for Targeted Ads, Lawsuit Alleges

Amazon’s ‘Alexa’ Used Customers’ Voice Data for Targeted Ads, Lawsuit Alleges

The voice assistant “Alexa” featured on Amazon’s Echo Dot and other devices has been collecting data on millions of customers without their knowledge and using it for targeted advertising, a new lawsuit against the company alleges. Filed June 8 in the U.S. District Court in Seattle, Washington, the lawsuit seeks class-action status and claims that Amazon…

Unvaccinated Engineer Sues Employer Over Alleged Retaliation, Discrimination

Unvaccinated Engineer Sues Employer Over Alleged Retaliation, Discrimination

A new lawsuit filed July 5 accuses Raytheon Technologies Corporation of retaliation and discrimination against an unvaccinated employee who was told he can no longer work from home. In the lawsuit, a principal electrical engineer alleges he was discriminated against by the defense technology company when it withdrew his permission to work from home and later suspended him for not…

Trending Intel: June 2022

Trending Intel: June 2022

Below we highlight the top 5 trending intel topics in June 2022. 1. Flood Insurance Flood Modeling & Insurance Perspectives The U.S. Flood insurance market is being completely revamped with the launch of the National Flood Insurance Program’s (NFIP) risk rating 2.0, which applies risk modeling technology to evaluate exposure. Simultaneously the…

Ask the Expert Q&A: Architects & Engineers Insurance

Ask the Expert Q&A: Architects & Engineers Insurance

Design errors & omissions and evolving technology are among the most pressing challenges faced by today’s architects, engineers, general contractors, and other design professionals. To learn more about their need for Architects & Engineers Insurance, we spoke with Tameka Livatino, Underwriting Director, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks facing architects and engineers…

Cannabis Lounges Bring New Risks to Fast-Moving Industry

Cannabis Lounges Bring New Risks to Fast-Moving Industry

In a growing number of communities around the U.S., new cannabis lounges are offering a social setting where guests can openly use marijuana products. Colorado and New Mexico both saw their first cannabis lounges open in April, Michigan’s first marijuana lounge is set to open this summer, and officials in Nevada are currently discussing how the recently-approved class of businesses…

Louis Vuitton Virtual ‘Try-On’ Tool Collected Customers’ Facial Scans, Lawsuit Claims

Louis Vuitton Virtual ‘Try-On’ Tool Collected Customers’ Facial Scans, Lawsuit Claims

A virtual “try-on” tool for sunglasses offered by Louis Vuitton collected customers’ facial scan data without their consent, violating the Illinois Biometric Privacy Protection Act, a new lawsuit against the luxury brand alleges. The proposed class-action suit, filed April 8, claims the LVMH corporation’s North America unit took biometric data from online shoppers when they used their webcams to try…

Ask the Expert Q&A: Restaurant Hospitality Insurance

Ask the Expert Q&A: Restaurant Hospitality Insurance

Businesses in the hospitality industry face a variety of property and liability risks. To learn more about these challenges and the corresponding insurance solutions, Crain’s Content Studio spoke with Bonnie Steen, Vice President, Managing Director, Burns & Wilcox, New Orleans, Louisiana. What are some of the greatest risks today for restaurant hospitality businesses? B.S.: From a property standpoint, one of…

U.S. Soccer Agrees to Pay $24 Million to Settle Equal Pay Lawsuit

U.S. Soccer Agrees to Pay $24 Million to Settle Equal Pay Lawsuit

A $24 million settlement was reached Feb. 22 between the U.S. Soccer Federation and members of its women’s national soccer team, who had filed an Equal Employment Opportunity Commission complaint six years ago alleging sex-based wage discrimination. The “landmark” settlement includes $22 million in back pay for dozens of current and former players and an agreement from the soccer organization…

The Rise of Cryptocurrency Exposes New Risks, Liabilities

The Rise of Cryptocurrency Exposes New Risks, Liabilities

Cryptocurrency’s shift into the mainstream was validated on Super Bowl Sunday, when fans watching the Feb. 13 event were so engaged with a commercial by the cryptocurrency exchange platform Coinbase that the company’s website temporarily crashed. Coinbase aired a 60-second ad featuring a bouncing QR code that, upon being scanned, brought fans to a promotional site offering $15 in free…

Officials Investigate Pittsburgh Bridge Collapse That Injured 10

Officials Investigate Pittsburgh Bridge Collapse That Injured 10

Cleanup and investigation efforts are underway at the site of the Forbes Avenue Bridge in Pittsburgh, Pennsylvania, after the bridge collapsed on Jan. 28. A city bus and several other vehicles were on the bridge when it came crashing down, injuring 10 individuals in a terrifying ordeal that left motorists fearing for their lives. The 447-foot bridge, which was built…

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