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New Jersey lawmakers filed legislation Thursday that would provide an annual cost-of-living adjustment in the weekly workers compensation benefit rate in cases involving workers who are totally or permanently disabled.

The suns of good fortune are smiling down once again upon those living on Martha’s Vineyard, as Massachusetts regulators averted a cannabis drought by issuing an administrative order that will allow pot to be transported to the islands off the state for the first time, according to the Associated Press.

Insured losses from heavy floods in central Europe between May 30 and June 3 are likely to total between €2 billion and €3 billion euros ($2.1billion-$3.2 billion), Moody's RMS said on Friday.

Broker nonsolicitation litigation is in the news this week. Also of note: The announcement of the 2024 Innovation Award winners.

Learn why economic uncertainty and social trends are raising management liability risks for private companies and non-profit organizations.

Tesla shareholders approved CEO Elon Musk's $56 billion pay package, the electric vehicle-maker said Thursday, a big thumbs-up to his leadership and an enticement for keeping his focus on his biggest source of wealth.

Liberty Mutual Insurance Co. said Thursday it has agreed to acquire Bogota, Colombia-based surety provider JMalucelli Travelers Seguros.

Markel Group Inc. on Thursday named Kyle McGrath, formerly at American International Group Inc., as head of fine art, North America.

A Lockton Cos. LLC unit said a former broker’s lawsuit accusing it of violating California law when attempting to enforce restrictive covenants should proceed in federal court in Los Angeles.

The U.S. Supreme Court sided Thursday with Starbucks in the coffee chain’s challenge to a judicial order to rehire seven Memphis, Tennessee, employees fired as they sought to unionize in a ruling that could make it harder for courts to quickly halt labor practices contested as unfair under federal law.

Workers compensation prices rose more quickly in states that update their fee schedules based on measures of price changes in the general economy rather than price changes in the medical sector, according to a study released Thursday by the Workers Compensation Research Institute.