Monthly Archives: <span>March 2015</span>

No Proper Permit for Texas Truck in I35 Bridge Accident

Regulators say an oversized load did not have the proper permit when the rig snagged an Interstate 35 bridge beam in a deadly Central Texas wreck. The tractor-trailer lacked the proper permit, the Texas Department of Motor Vehicles said on …

Mullis Newby Hurst Adds Reed as Account Executive

Texas-based Mullis Newby Hurst LP, which specializes in construction insurance and surety bonds in the Southwest, recently hired Doug Reed as an account executive. Previously Reed was director of business development for Chem Can Services LLC and a financial representative …

Woman Loses California Gender-Discrimination Suit

A jury soundly rejected Ellen Pao’s claims of gender discrimination by Kleiner Perkins Caufield & Byers, in a case that riveted Silicon Valley for weeks and exposed how women fare in the male-dominated world of venture capital. The verdict followed …

Controversial Ridesharing Legislation Makes it Through Georgia Senate

The Georgia Senate has passed a slightly tweaked substitute measure to a House bill that apparently clears the way for Uber, Lyft and other ridesharing companies to keep operating in the state. The substitute, which makes minor changes to the …

Co-Pilot’s Ex-Girlfriend Tells of his Psychiatric Problems; Big ‘Gesture’ Plan

The co-pilot suspected of deliberately crashing an airliner, killing 150 people, had told his girlfriend he was planning a spectacular gesture so “everyone will know my name,” a German daily said on Saturday. The Bild newspaper published an interview with …

Nonemployee ‘Employees:’ The Borrowed Servant Doctrine – Part I

“The vital test in determining whether a workman furnished by [the primary employer] is a servant of [the special employer] is whether they (the employee(s)) are subject to the “special employer’s” control or right of control not only with regard …

Yemen Conflict Adds to Worries for Ships Dodging Pirates, Terror

When it comes to world trade, a 17-day shortcut trumps terror, piracy and now bombs. That’s the time a supertanker saves by using the Bab el-Mandeb waterway that skirts Yemen at the southern tip of the Arabian Peninsula, rather than …

ACE Appoints McDonald as Regional General Counsel for Eurasia & Africa

ACE Group has appointed Susan McDonald to the role of regional general counsel for Eurasia and Africa, as it continues to build its management team in its newest business region. Currently legal and compliance manager for MENA, in her new …

Towergate Gets U.K. Court Nod for Plan to Restructure $1.49 Billion Debt

Towergate Finance plc said it won court approval for its plan to restructure 1 billion pounds ($1.49 billion) of debt. The restructuring will be completed by early April, the U.K. insurance broker said in a statement Friday. The company previously …

Oaktree-Backed Insurer Seeks to Raise $2 Billion, Plans IPO Within Five Years

Oaktree Capital Group LLC is among investors backing a Bermuda insurance venture that’s seeking to raise $2 billion with plans for an initial public offering within five years. Fidelis Insurance Holdings Ltd. is led by Richard Brindle, the former chief …