August 20, 2014
Uber has enlisted David Plouffe, President Barack Obama’s 2008 campaign manager, to devise and run its global political and branding strategy, as the fast-expanding car rides-on-demand startup runs into stiff resistance in some cities. The San Francisco-based company, which is …
August 20, 2014
Freedom Industries Inc., whose leaking chemical tank made much of West Virginia’s water undrinkable early this year, filed a proposed Chapter 11 plan this week that offers nothing to people with claims for polluted water. Instead, proceeds from a settlement …
August 20, 2014
The official committee representing creditors with asbestos claims against Garlock Sealing Technologies LLC will urge its constituents to vote against the company’s reorganization plan, even though Garlock said it pays claimants in full. The official representative of future asbestos claimants, …
August 20, 2014
Foreign whistleblowers who work for overseas companies can’t be protected from retaliatory firings for disclosing conduct that happens abroad, a federal appeals court held. The U.S. Court of Appeals in Manhattan found in a case involving Siemens AG that an …
August 20, 2014
Insurance Australia Group Limited (IAG) announced a strong operating performance for the financial year ended June 30, 2014 (FY14), posting an insurance profit of A$1.579 billion [US$1.467 billion] for the year, up 10.6 percent from A$1.428 billion [US$1.326 billion] for …
August 20, 2014
A.M. Best announced that it has “revised its ratings outlook on the global reinsurance sector to negative from stable, citing the significant ongoing market challenges that will hinder the potential for positive rating outlooks or upgrades, and over time, may …
August 20, 2014
The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on Tuesday, as it called for tougher scrutiny of the …
August 20, 2014
Ping An Insurance (Group) Co., China’s second-largest insurer, said first-half profit grew 19 percent as premium income climbed and banking revenue increased. Net income rose to 21.4 billion yuan ($3.5 billion), or a diluted 2.55 yuan [$0.41] a share, from …
August 20, 2014
KENNESAW, Ga., August 20, 2014 — Breckenridge Insurance Services, the wholesale commercial brokerage division of Breckenridge Insurance Group, has hired Jeffrey Vick as a vice president as part of the Chicago-based team. With 25 years of experience, Vick brings added …
August 19, 2014
A Maine woman who says she suffered a third-degree burn from a heated seat in Chevrolet Suburban has sued General Motors. Emma Verrill says in her suit filed in U.S. District Court in Portland, Maine, that GM failed to adequately …