As advancements in autonomous vehicles continue, the impact on the trucking industry could be massive. Self-driving technology possesses the potential to reduce significantly the number of accidents and therefore the loss exposure for long-haul truckers. These technologies, however, can lead to significant savings even outside the possibility for accident reduction.
The music artist Prince was found dead at his home in Minnesota Thursday morning. An autopsy will be done on Friday 4/22/2016.
Here’s why this is worth mentioning: usually when a musician passes away there is a bump in music downloads and people listen to streaming services to memorialize them. That’s usually all fine and good, album sales go up, there’s trending on twitter, and there is an overall virtual outpouring of support.
Unfortunately these sad times are the perfect opportunity for Social Engineering Scams. Celebrity Deaths (or even death rumors) are like natural disasters, holidays, and other major news stories. New websites are created, the high-demand content is scrubbed, dubious emails are drafted, and links to websites loaded with malware and viruses are circulated on social media.
Continuing a trend from the National Labor Relations Board and several state courts, the US Labor Department issued new guidance regarding joint employer liability on Wednesday, January 20, 2016. Companies face a number of exposures as it relates to the status of employees: these can range from unionization regulations as controlled by the NLRB, to minimum wage and overtime laws controlled by the US Department of Labor under the Fair Labor Standards Act, and even including discrimination claims under the Civil Rights Act often litigated in court. Rules for who constitutes an employee can differ significantly depending on the employee rights sought. The US Labor Department often uses a more expansive definition of employee than the National Labor Relations Board or the Occupational Safety and Health Administration, for example.
Read More About The Growing Liability Of Joint Employment Here
ECBM's President Charlie Bernier discusses with Executive Leaders Radio host Herb Cohen how his family and upbringing influences his outlook, sense of responsibility, and ECBM's core values.
Continuing a trend of aggressive new regulations in the labor field, the Department of Labor has issued controversial new rules on the handling of employee retirement plans. The Employee Retirement Income Security Act (ERISA) gives the DOL authority to regulate financial advisors providing investment advice on retirement plans - specifically 401(k)s and IRAs. The new regulations attempt to target conflict of interest concerns by expanding the scope of the agency’s fiduciary rule.
Companies like Uber and Lyft continue to make headlines both for the opportunities and the challenges they present. Known alternatively as ride-sourcing companies or transportation network companies, Uber and Lyft present a number of regulatory and insurance-based risks.
On January 6, 2016, a lawsuit was filed in Kentucky that has wide-ranging implications for the future of commercial drones in the United States. The lawsuit involves William H. Merideth, who calls himself the “Drone Slayer”, who shot down a $1,500 drone flying over his property in July 2015.