Another issue here is the EFTA requires a consumer be provided with a copy of the electronic fund transfer authorization, said the ruling. “Park’s allegations regarding his lack of knowledge of the purported authorization, and Webloyalty’s failure to provide a copy of such authorization were sufficient on their face,” said the ruling, in reinstating the charge. Continue reading
(Bloomberg) — The potential for terrorists to pack small consumer drones with explosives or to use them as weapons has become a “tangible reality” in the U.S. that keeps security teams awake at night, two officials said. Continue reading
Firms considering cyber coverage should begin by assessing their risks and perils and considering whether these are already covered or excluded by other policies, says a report issued Thursday by the Risk & Insurance Management Society Inc. Continue reading
Captive insurers will help fill the coverage gaps that exist for emerging technologies, such as new entertainment and social platforms, driverless cars, drone delivery, and more, according to captive experts. Continue reading
Maybe the automation of jobs will eventually create new, better jobs. Maybe it will put us all out of work. But as we argue about this, work is changing. Continue reading
As more and more Americans hold nontraditional jobs that don’t have benefits attached — think freelance graphic designers or Uber drivers — cities and states are exploring ways to ensure those workers still have access to workers’ compensation, unemployment insurance, and other support such as help paying for health insurance.
Think tanks and some tech and labor leaders have called for truly “portable” accounts that travel with the worker no matter how he or she earns money. Washington state Rep. Jessyn Farrell, a Democrat, proposed a bill last week that takes a first step toward a more flexible, inclusive benefit system. Continue reading
Automobile insurance is in place to protect those on the road. As Americans continue to take their eyes off of the road, a new danger has been rising over the years since technology became a huge part of our everyday lives. Now our wallets are going to start paying the price for something that has become somewhat of an epidemic. Cell phones, Smart Phones, Tablets and computers are now readily available on the go and the risk is HUGE! Continue reading
The U.S. Department of Transportation recently designated 10 “proving grounds” to encourage safe testing of automated vehicle technologies. Continue reading
