Monthly Archives: <span>May 2016</span>

Vermont to Become 1st State Requiring Drug Makers to Explain Price Hikes

Vermont is poised to become the first state requiring drug companies to explain their price increases, and Bob and Deborah Messing think that’s a good idea. The Messings live in Montpelier and are in their early 70s. She’s on Orencia, …

Washington Cyclist Gets $400K Payout After Being Struck by Councilwoman

A bicyclist who collided with former Seattle City Councilwoman Sally Clark as she drove to a speaking engagement is being paid $400,000 under the terms of a settlement. The Seattle Times reported that the city is on the hook for …

Oregon Man Says Wells Fargo Axed Him after Whistleblowing

A Damascus, Ore. man has filed a lawsuit accusing Wells Fargo & Co. of firing him after he alerted them of issues in mortgage procedures. According to a lawsuit unsealed last week, Duke Tran said he complained that the bank …

Suit: Mcdonald’s Toilet Paper Dispenser Damaged New Mexico Woman’s Eye

A northern New Mexico woman is suing a Santa Fe McDonald’s franchise after she said a toilet paper dispenser fell off a bathroom stall door and slammed into her face. The lawsuit filed last week in Santa Fe District Court …

Toxic Metals Found in Los Angeles Homes Near Gas Leak: Study

Homes located near a gas well blowout that spewed the nation’s largest-known release of methane had higher levels of toxic metals that could have caused symptoms Los Angeles residents have suffered from for months, public health officials said. Tests found …

Brown & Brown to Acquire Morstan General Agency in New York

Brown & Brown Inc. announced Monday that it has agreed to acquire substantially all of the operating assets of Morstan General Agency Inc. and related companies based in Manhasset, New York. The transaction is expected to close in June 2016, …

Outdated SAP Software May Be Vulnerable to Hackers if Not Properly Patched

Europe’s biggest software company, SAP, is the subject of a U.S. security alert over a vulnerability the firm disabled six years ago that can still give outside attackers remote control over older SAP systems if the software is not properly …

Hanover Insurance Taps Aetna’s Zubretsky to Replace Eppinger as CEO

The Hanover Insurance Group today announced that it has named Joseph M. Zubretsky president, chief executive officer, and director effective June 20. He succeeds Frederick H. Eppinger, who last fall announced his intention to retire. Zubretsky, 59, has 35 years …

Run-off Specialist Compre Completes Restructuring to Reduce Cost Base

Compre, the London-based independent insurance and reinsurance legacy specialist, announced the completion of a group-wide restructure, designed to reduce its cost base in preparation for further acquisitions. The run-off consolidator has so far undertaken three acquisitions in 2016 and will …

Did Uber Driver Settlement Lawyer Win at Expense of Drivers?

The lawyer who struck a $100 million deal with Uber Technologies Inc. is being accused of greed by some of the drivers covered by the accord who want her bumped. “She has single-handedly stuck a knife in the back of …