Business Insurance
Two restaurants are named in a proposed class-action lawsuit against Grubhub Inc. that claims the company used the names and logos of up to 150,000 restaurants it had no partnership with in an effort to cook up more business for the digital meal deli...
Posted: Oct 30, 2020
The workers compensation case involving an injured interstate tractor-trailer driver who lives in Massachusetts and works for a company based in Pennsylvania belongs in a Massachusetts court, the Supreme Judicial Court of Massachusetts ruled Thursday...
Posted: Oct 30, 2020
A coalition of labor unions representing education, health care and municipal workers on Thursday sued the U.S. Secretary of Labor and the Occupational Safety and Health Administration over the lack of a standard to protect workers from infectious di...
Posted: Oct 30, 2020
Delaware’s Industrial Accident Board must consider new medical evidence on the causation of a masonry worker’s alleged work-related stroke, according to a ruling issued Thursday by the Superior Court of Delaware.
Posted: Oct 30, 2020
Aon PLC on Friday reported almost flat revenue growth for the third quarter but signaled it might see increased pressure on growth in the fourth quarter.
Posted: Oct 30, 2020
Self-driving tech company Waymo, which this month opened its driverless taxi service in the Phoenix suburbs to the public, on Friday said its autonomous vehicles there had been involved in 18 minor incidents since 2019 during tests and actual rides.
Posted: Oct 30, 2020
Britain's data watchdog said on Friday it has fined Marriott International £18.4 million ($23.98 million) in a six-year old cyberattack on its Starwood hotel reservation system in one of the largest data breaches in history.
Posted: Oct 30, 2020
American International Group Inc. topped this week’s news with its announcement that Peter Zaffino will be taking over as CEO next March and that the insurer plans to spin off its life and retirement business. Follow-up stories on analysts’ and ratin...
Posted: Oct 30, 2020
Ping An Insurance (Group) Company of China Ltd.'s net profit grew 7.7% to 34.4 billion Chinese yuan ($5.1 billion) in the third quarter of the year.
Posted: Oct 30, 2020
Typhoon Molave hit Vietnam on Oct. 28 and caused widespread damage.
Posted: Oct 30, 2020
The Indonesian General Insurance Association expects that the rising trend of credit insurance claims to continue into next year.
Posted: Oct 30, 2020
Data by the Association of Kenya Insurers showed that local marine insurers' gross written premiums dropped nearly 5% year-over-year to a three-year low of around 3.5 billion Kenyan shillings ($32 million) in 2019.
Posted: Oct 30, 2020
Data from the Albanian Financial Supervisory Authority showed that local insurers' gross written premiums fell more than 6.5% year-on-year to 12 billion Albanian leks ($113.7 million) in the first nine months of 2020.
Posted: Oct 30, 2020
Mount Sinabung volcano in North Sumatra, Indonesia, erupted on Oct. 29 and spewed volcanic ash 2,000 meters into the air and a 1,500-meter-high ash column.
Posted: Oct 30, 2020
Reinsurance company Swiss Re on Friday reported a smaller-than-expected net loss in the first nine months after booking claims and reserves of $3 billion related to COVID-19.
Posted: Oct 30, 2020
The Malaysian Takaful Association is positive about the performance of the local takaful industry this year despite the COVID-19 pandemic.
Posted: Oct 30, 2020
Arthur Gallagher & Co. on Thursday reported a 7.3% increase in third-quarter brokerage revenue to $1.29 billion.
Posted: Oct 29, 2020
Big Tech’s decisions to block some posts and videos while letting other content viewed as inflammatory proliferate have drawn the ire of Republicans and Democrats alike, raising the prospect that a 24-year-old U.S. law that fostered the internet’s ex...
Posted: Oct 29, 2020
Tourists to Jamaica are prepared to pay their all-inclusive resort fees, but now a charge for health insurance?
Posted: Oct 29, 2020
Alliant Insurance Services Inc. of Newport Beach, California, has named former Arthur J. Gallagher & Co. executive Steve Pierce as executive vice president of Alliant Construction Services Group.
Posted: Oct 29, 2020
An en banc federal appeals court reversed its own panel’s ruling Wednesday and held a plaintiff in a failure-to-accommodate disability case does not have to prove an adverse employment action to successfully pursue her litigation.
Posted: Oct 29, 2020
Taiwan's UMC has pleaded guilty to trade secret theft in the United States and will pay a $60 million fine in a case where it was accused of helping a Chinese state-owned chipmaker steal secrets from Micron Technology Inc.
Posted: Oct 29, 2020
A worker who said she injured her fingers just hours into her first day of work and then sued for negligence is barred by the exclusive remedy of the Louisiana Workers Compensation Act from pursuing her claims.
Posted: Oct 29, 2020
AHT Insurance has established a captive programs division and hired longtime health care captive management executive Mark Tabler to head the practice, the brokerage announced Wednesday.
Posted: Oct 29, 2020
Workers compensation patients who undergo lumbar surgeries have higher percentages of reoperation and readmission compared to those undergoing similar surgeries in group health, the Workers Compensation Research Institute reported in a study released...
Posted: Oct 29, 2020