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PAGA reforms are mostly good news for California employers, but insurance impact is TBD

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There is always something exciting happening at Lockton. Here are just a few from our newsroom.

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Articles

PAGA reforms are mostly good news for California employers, but insurance impact is TBD

In 2004, California passed the Private Attorneys General Act (PAGA), which allowed employees to file lawsuits to recover civil penalties for state labor code violations. PAGA created new risks for employers, but also led to many insurers leaving the  …

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U.S. Supreme Court recap: how the Court’s recent rulings impact employee benefits

The U.S. Supreme Court (the Court) has ended its 2024 term after issuing several decisions with wide-ranging effects on employee benefits and health plan sponsors. The following is a recap of those rulings. Executive Summary First, while no action i …

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Supreme Court’s overturning of Chevron ruling shifts regulatory authority from agencies to …

The Supreme Court’s landmark 1984 decision in Chevron v. Natural Resources Defense Council obligated federal courts to defer to administrative agencies’ reasonable interpretations of ambiguous laws. For the last 40 years, courts have issued numerous  …

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Supreme Court’s Purdue ruling could create greater risk and exposure for directors and off …

Third-party releases have often helped to streamline and accelerate the resolution of what would otherwise be more complex and challenging Chapter 11 bankruptcy proceedings, offering significant protections for directors and officers. But under a rec …

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Generative AI has seemingly unlimited potential for Private Equity… But what about the ris …

Note: This article was written without the assistance of generative AI, aside from grammar- and spellcheck software (which we all know may not be that helpful). If reading is believing, generative AI is the future of… well, everything. Even in its cu …

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Supreme Court’s restriction of SEC enforcement actions is a win for D&O policyholders, but …

For more than 30 years, the Securities and Exchange Commission (SEC) has pursued enforcement actions against regulated entities via both federal courts and in-house administrative proceedings. A recent Supreme Court ruling, however, puts significant  …

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