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

Arkansas Justices Toss Medical Liability Limit Proposal from November Ballot

Arkansas’ Supreme Court said that voters won’t be able to consider award limits in medical liability cases because the language outlining the plan on the November ballot doesn’t fully describe what the proposal would do. Ballots have already been printed, …

Uber Sued Over Wheelchair Access by Chicago Disability Group

A Chicago-based disability rights group has filed a federal lawsuit against Uber Technologies Inc. alleging the ride-hailing company has violated wheelchair accessibility laws. The lawsuit, filed by Access Living of Metropolitan Chicago and three disabled people associated with the group, …

Insurance Industry Urged to Weigh Shift to Intangible Risks

Panelists at a recent New York event hosted yesterday by Lloyd’s, the world’s specialist insurance market, and the American Security Project, a nonpartisan national security think-tank, urged the insurance industry to plan ahead and work to better understand how to …

State Taking Steps to Protect Washington Nuclear Site Workers

Washington state asked a federal judge this week to issue an injunction requiring the U.S. Department of Energy and its contractor to take steps to protect workers at a major nuclear waste storage site. Washington state Attorney General Bob Ferguson …

Former Student at BYU-Hawaii Sues Over Honor Code and Assault

A former Brigham Young University-Hawaii student has filed a lawsuit alleging the school’s honor code prevented her from seeking help after she was sexually assaulted. The Salt Lake Tribune reported that the lawsuit, filed Sept. 30 in Honolulu, claims the …

AIG Pulls $7 Billion from Asset Manager to Manage In-House

AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down a six-year relationship with the asset manager. AIG was the ” most significant” driver of outflows last month as the …

Small Trucking Firms Fear Being Driven Out of Business by Electronic Log Rule

A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. It may also drive smaller trucking firms out of business. A trucking industry survey …

US Robotics Firm Launches Blood Delivery Service in Rwanda – Using Drones

Rwandan doctors stranded without vital blood supplies are about to be rescued by an important new ally in their fight to save lives: drone deliveries. Zipline, a California-based robotics company, will launch a service on Friday using drones to deliver …

U.S. Adjustments to Rules on Tax Inversions Include Exemption for Insurers

The U.S. Treasury Department softened new rules aimed at preventing multinational companies from shifting their profits offshore to lower-tax countries — a response to sustained criticism from big business and from members of Congress, who’d asked that they be delayed …

IMA’s Cohen Elected Chairman of Council of Insurance Agents & Brokers

Robert L. Cohen, chairman and chief executive officer of The IMA Financial Group Inc., in Denver, Colo., has been elected as 2017 chairman of The Council of Insurance Agents & Brokers. He succeeds Bill D. Henry, chief executive officer of …