The woman suing a prestigious Silicon Valley venture capital firm for alleged gender discrimination accepted a generous severance package that gave her a salary, access to her company email and kept her biography on the company website. Yet she immediately …
The Lyft ridesharing company took new drivers for a ride by cheating them out of promised $1,000 bonuses, according to a federal lawsuit . Hundreds of drivers lost a total of at least $5 million worth of bonuses that were …
The re/insurance industry has answered the call presented by the UN’s Disaster Risk Reduction initiative, as industry representatives gathered with others to attend the 3rd UN World Conference on Disaster Risk Reduction in Sendai, Japan. The insurers called on governments, …
Uber Technologies Inc. has been hit with a proposed class action lawsuit over a recently disclosed data breach involving the personal information of about 50,000 drivers, the latest in a series of legal woes to hit the Internet car service. …
Upper tier contractors seek to avoid the financial costs that can arise out of bodily injury or property damage to a third party caused by a lower tier (subcontractor) for which they (the upper tier) could be held vicariously liable. …
American International Group Inc. has agreed to acquire a controlling stake in NSM Insurance Group, a managing general agent and insurance program administrator, from ABRY Partners and NSM management. Terms of the deal were not disclosed. The transaction is expected …
Philip Smith, the former head of RSA’s Irish unit, asked for support from the division’s chairman as directors sketched out the shape of a probe into accounting matters, an employment hearing heard. Smith asked the Irish unit chairman, Leo Blennerhassett, …
Delphi Automotive Plc, a supplier of car electronics, is undertaking the longest test of a driverless auto, going coast to coast in the U.S. with a specially outfitted Audi Q5 sport-utility vehicle. The SUV will cover about 3,500 miles (5,600 …
AXIS Capital Holdings Ltd. And PartnerRe Ltd. Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable Standard & Poor’s Ratings Services announced that it has affirmed its ‘A-‘ long-term counterparty credit ratings on Bermuda-based AXIS Capital Holdings Ltd. and PartnerRe Ltd., …
The Federation of European Risk Management Associations (FERMA) congratulated its President Julia Graham on her appointment as Technical Director of its UK member risk management association Airmic. Graham will continue as President of FERMA until the conclusion of her term …
