June 17, 2015
After weeks of stalemate, a state legislative committee has advanced a bill setting up Oregon’s legal marijuana system. The approval of the joint House-Senate committee on Monday sends the bill to the full House, which can take it up as …
June 17, 2015
A Portland, Ore. man has filed a lawsuit seeking more than $3 million from an acupuncturist he says left two needles in his skin, including one that later broke off and became embedded in his groin. The lawsuit says acupuncturist …
June 17, 2015
A San Francisco-based driver for smartphone-based ride-hailing service Uber is an employee, not a contractor, according to a ruling by the California Labor Commission. The ruling, filed on Tuesday in state court in San Francisco, said Uber is “involved in …
June 17, 2015
Brown & Brown Inc. announced today that its subsidiary Brown & Brown of Massachusetts LLC has acquired certain assets of Strategic Benefit Advisors Inc., a health and welfare benefit advisory and brokerage firm in Southborough, Massachusetts. Terms of the transaction …
June 17, 2015
U.S. regulators will disclose to lawmakers more than 1,400 pages of documents explaining why companies such as American International Group Inc. and MetLife Inc. are subject to tougher oversight. The Financial Stability Oversight Council is providing the papers after Republicans …
June 17, 2015
Tokio Marine Holdings Inc. is using debt to expand a U.S. insurance business that’s beaten even Berkshire Hathaway Inc. for policy growth. The Japanese insurer, which is taking over Houston-based HCC Insurance Holdings Inc. for $7.5 billion after at least …
June 17, 2015
Abundant capacity and strong competition have contributed to a favorable marketplace for buyers of political risk insurance globally, according to Marsh’s “Political Risk Market Update,” published this month. Despite growing concerns about global political and credit risks and a recent …
June 17, 2015
British insurance software company Innovation Group said on Wednesday it had secured a 46 million pound ($72.3 million) contract with a major client, its third and biggest new business win this year. The deal, which will see Innovation’s products used …
June 17, 2015
Security researchers have uncovered a flaw in the way thousands of popular mobile applications store data online, leaving users’ personal information, including passwords, addresses, door codes and location data, vulnerable to hackers. The team of German researchers found 56 million …
June 17, 2015
Officials say a man was crushed to death inside a machine at a central Florida recycling plant. Winter Garden police Lt. Scott Allen says the man was sorting cardboard with a bailing machine Monday morning when he somehow “ended up …