Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
Puerto Rico court voids 2022 labor reform
On 20 June 2022, the Puerto Rico government passed Act No. 41-2022 (the “2022 Labor Act”), aiming to amend certain labor provisions to increase protections for private sector workers. However, on 3 March 2023, the United States District Court for Pue …
Italy’s new natural catastrophe insurance mandate: key updates and deadlines
Effective March 31, all companies (excluding agricultural companies) based in Italy are required to purchase property insurance coverage for natural disasters, including floods, earthquakes, and landslides. Noncompliance may result in significant san …
Thailand to implement national Employee Welfare Fund
Thailand recently issued regulations to implement the Employee Welfare Fund (“EWF”), which is intended to provide financial support to employees on employment termination or death. The regulations require employers and employees to start making contr …