August 12, 2015
Residents of Ogden, Utah have been facing flooded basements since June, but the area-irrigation water supplier may have found the problem: a leak in a nearby reservoir. The Standard-Examiner reported that the general manager of Pineview Water Systems says crews …
August 12, 2015
This summer’s fire season has officially become the second biggest on record in Alaska. More than 5,081,000 acres, or 7,940 square miles, have burned this year. That surpasses the nearly 5.05 million acres burned in 1957 for second place on …
August 12, 2015
Nevada lawmakers gave preliminary approval Monday to regulations for ride-hailing companies such as Uber and Lyft, a move that puts the rules one hurdle away from being final. The 12-member Legislative Commission this week voted to greenlight the rules, which …
August 12, 2015
With U.S. equities declining in the wake of China’s currency devaluation, hedge fund manager David Einhorn may be one of the few stock pickers to get a direct boost from the yuan’s sudden decline. Greenlight Capital Re Ltd., an insurer …
August 12, 2015
ACE Group has appointed Ghassan Wazen, currently regional business development manager for ACE in MENA, to the new role of head of North Africa, as it continues to build its management capabilities within Eurasia and Africa, its newest geographical business …
August 12, 2015
Workers’ compensation insurer Berkshire Hathaway GUARD recently named Lyle Hitt as executive vice president of Property and Liability Insurance as the company plans to expand. In his new role, Hitt will oversee activities related to lines of coverage used to …
August 12, 2015
The lifting of trade restrictions placed on Iran may present significant opportunities for the Middle East and North African (MENA) re/insurance market, with European participants also expected to re-engage and seek a foothold in the country, according to research published …
August 12, 2015
Air traffic controllers’ work schedules often lead to chronic fatigue, making them less alert and endangering the safety of the national air traffic system, according to a study the government has kept secret for nearly four years. Federal Aviation Administration …
August 12, 2015
Willis Group Holdings plc has announced the completion of its acquisition of Elite Risk Services Limited of Taiwan. Willis said the deal is a “significant boost” to its market presence in Taiwan, as it “almost doubles the size of its …
August 12, 2015
U.S. regulators are poised to decide two closely watched cases that have the potential to reshape labor laws by allowing college football players to unionize and forcing companies to take more responsibility for contractors. The National Labor Relations Board may …