The University of Oregon has agreed to pay $425,000 to settle a lawsuit brought by two former employees over allegations that the school retaliated against them for speaking out about a student’s therapy records being accessed. The Register-Guard reported UO …
An Idaho-based software company is being sued after it hired two former employees from another company. The lawsuit, brought by SS&C Technologies Inc. against Clearwater Analytics and former SS&C employee Bradley Rossa in Illinois state court, focuses on common and …
CNA has appointed Rick Childs to the post of vice president of underwriting for the company’s construction segment. In this role, he will partner with product line managers, risk control, claims and the worldwide field operations teams to establish underwriting …
The Travelers Companies reported an 18 percent drop in net profit for the second quarter largely due to a 50 percent rise in losses from catastrophes. Catastrophe losses of $333 million, up from $221 million for the same period last …
New York has approved a 9.3 percent average hike in workers’ compensation loss costs. The new benchmarks will go into effect Oct. 1. New York businesses, while not pleased, see the hike as necessary in order to keep the insurance …
The large volume of data Tesla Motors Inc. collects from its cars on the road has armed it with information to publicly counter, and possibly legally defend, claims about the safety of its Autopilot driving-assist software, according to lawyers familiar …
On the heels of its $32 billion takeover of chip designer ARM Holdings, SoftBank Corp. founder Masayoshi Son is embarking on another “crazy idea”: talking cars that can read a driver’s emotions. The Japanese telecommunications and internet corporation said on …
The father and son who posted videos of drones firing a handgun and incinerating a Thanksgiving turkey with a flame-thrower can be questioned by aviation regulators, a U.S. judge ruled in a closely watched case that may determine the government’s …
Discovery Ltd., South Africa’s third-largest insurer by market value, said it has set up a partnership with Japan’s Sumitomo Life Insurance Co. and SoftBank Group Corp. to develop and introduce products for the world’s third-largest economy. Discovery’s Vitality program, which …
Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion – their highest levels since 2011, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. These losses – economic …
