U.S.
Wage and Hour Claims Among Top Threats to U.S. Employers
Federal wage and hour lawsuits have reached a surprise record high, according to a report by law firm Seyfarth Shaw LLP. Cases filed under the Fair Labor Standards Act (FLSA) in have continued to ...
Supreme Court to Hear SOX Mutual Fund Whistleblower Case
In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as ...Karen Clark & Co.’s New Tool Creates Realistic Hurricane Footprints, Tailored Loss Estimates
Just in time for the 2013 hurricane season, Karen Clark & Co. (KCC), a catastrophe risk and modeling firm, has released a scientific tool for creating hurricane tracks and wind speeds. Named ...
Florida Catastrophe Fund Stronger As Storm Season Nears
Florida is heading into a new storm season with some good news for once. The state-created fund that backs up private insurers in Florida is in the best financial shape it has been in years — maybe ...
GINA Suits Becoming A Reality: Second EEOC Action Filed
On May 16, the U.S. Equal Employment Opportunity Commission announced that the agency filed its second lawsuit charging a company with violating the Genetic Information Nondiscrimination Act. The ...
CFOs Express Growing Confidence in U.S. Economy
During the past year, chief financial officers (CFOs) have grown significantly more confident in the U.S. economy. The 2013 Spring CFO Survey from Grant Thornton LLP reveals that 45 percent of ...
Report: Feds’ Warnings About Sandy Were Confusing
Federal weather forecasts for Superstorm Sandy were exceptionally accurate last fall, but the warnings themselves were confusing, an internal review found. The gigantic October storm lost tropical ...
$2.5 Trillion in Global Disaster Losses Since 2000: U.N. Report
Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report. The U.N. Office for ...