February 12, 2016
The Connecticut Insurance Department announced that a Syosset, New York-based construction services firm, RC Structures, is establishing its captive insurance operations in Connecticut. The new captive, called RCX Insurance Company, is the 10th licensed captive insurer in Connecticut. “RC Structures …
February 12, 2016
Relatives of a demolition worker have been awarded $53 million over his 2013 death after falling four stories during renovation of Texas A&M’s Kyle Field. Jurors in Houston on decided on damages in the negligence lawsuit filed on behalf of …
February 12, 2016
Chicago’s taxicab industry has rolled out two official ride-hailing apps to compete with the likes of Uber and Lyft. The department that regulates Chicago’s taxi industry announced a marketing campaign to publicize the apps, Arro and Curb. The city chose …
February 12, 2016
Three Ohio women who filed a federal lawsuit accusing Chipotle Mexican Grill of gender discrimination have been awarded a total of about $600,000 in damages. A U.S. District Court jury in Cincinnati found the Denver-based chain liable after determining it …
February 12, 2016
Property/casualty insurance wholesaler J.M. Wilson has hired Adam Benda as claims representative and personal lines underwriter. The company also Adam Mandwee as assistant fleet underwriter in its Portage, Mich. office. Prior to joining J.M. Wilson, Benda worked as an underwriting …
February 12, 2016
Willis Group reported a net loss of $24 million, or $(0.35) per diluted share during the fourth quarter of 2015, compared to earnings of $76 million, or $1.12 per diluted share, in the prior year quarter. During the 12 months …
February 12, 2016
A Northern California man has pleaded guilty to defrauding an Indian tribe for millions of dollars as part of a workers’ compensation scam. The Sacramento Bee reported that 46-year-old Gregory Chmielewski last month pleaded guilty to two counts of fraud. …
February 12, 2016
The U.S. Environmental Protection Agency granted final approval this week to a costly cleanup program for a Montana community where health officials say hundreds of people have been killed by asbestos poisoning. The agency’s action comes more than 15 years …
February 12, 2016
The question of whether bankruptcy is a good option for Puerto Rico came to a head at an investor conference featuring the island’s top restructuring adviser and head of one of the bond insurers with the most exposure to the …
February 12, 2016
Uber Technologies Inc. said it will pay $28.5 million to settle claims that a $1 “safe rides fee” charged to riders was misleading because its background checks on drivers aren’t as rigorous as the company advertised. The company said in …