Rising defense costs, especially for product and medical liability litigation, have prompted insurers to work more closely with risk professionals to identify potentially high losses early on to limit expenses, according to AM Best. Read on to learn more.
On Thursday, Sept. 9, 2021, President Joe Biden’s administration announced a plan to lower Medicare prescription drug prices. The plan acts as a wish list to Congress, suggesting legislative areas to pursue at the behest of the White House. This News Brief explains further.
A recent survey revealed one-third (34%) of small and mid-size businesses have experienced at least one incidence of workplace violence in the past three years. In addition to loss of life, workplace violence can lower employee morale, decrease retention, decrease productivity and result in lost sales and profits.
On April 27, 2021, President Joe Biden issued an executive order raising the minimum wage of federal contractors to $15 per hour. This News Brief explains further.
In a recent speech, President Joe Biden announced the American Families Plan, which is a proposed $1.8 trillion legislative package. This News Brief explains further.
Amazon Care is going nationwide by this summer. Read this News Brief to learn more.