Monthly Archives: <span>March 2017</span>

‘Ghost Calls’ from T-Mobile Cause Dallas 911 Delays; 2 Die

Dallas officials are working with T-Mobile engineers to determine what’s prompting a flood of ghost calls that’s forced hundreds of 911 calls to be placed on hold and may have slowed the emergency response to two people who died. Dallas …

Innovative Coverage Concepts Partners With Chubb on Restaurant Program

Innovative Coverage Concepts (ICC) has launched a new program for fine dining and upscale casual establishments. ICC’s carrier partner for the program is Chubb, which according to Dean Carras, president of ICC, enables the company to expand capacity and improve …

Greenlight Re Ireland Promotes O’Brien to CEO

Greenlight Reinsurance Ireland DAC*, the Dublin-based subsidiary of Greenlight Capital Re Ltd., announced the promotion of Patrick O’Brien to chief executive officer. O’Brien joined Greenlight Re Ireland as general manager in June 2016. Prior to that, he was chief executive …

CEOs of California Sewing Firms Sentenced for Workers’ Comp Fraud

Sisters who are CEOs of sewing companies that are subcontracted by True Religion jeans have been sentenced for conspiring with their accountant to hide tens of millions in payroll to avoid paying for workers’ compensation insurance. Sung Hyun Kim and …

California Judge Approves $27M Driver Settlement in Lyft Lawsuit

A U.S. judge has given final approval to a settlement agreement in a class-action lawsuit against Lyft Inc., ending a legal case that challenged the independent contractor status of the ride-hailing service’s drivers. U.S. District Judge Vince Chhabria in San …

Houston Fire Chief: Recommit to Safety After Firefighter Death

The Houston fire chief says the recent death of a firefighter from injuries he suffered four years ago must spur a renewed commitment to firefighter safety to avoid future fatalities. Chief Samuel Pena spoke at a memorial service for retired …

Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch

Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, according to a report published by Fitch Ratings. “The question of who …

Uber Seeks to Enforce Employee Arbitration in Waymo Trade Secrets Case

A lawyer for Uber told a federal judge on Thursday he intended to file a petition to compel arbitration in the Waymo trade secrets theft case, citing an agreement signed by a former Waymo employee who is at the heart …

Republican Health Care Act Moves Closer to House Vote

Deeply divided Republicans squeezed their U.S. healthcare overhaul, backed by President Donald Trump, through a key House of Representatives panel on Thursday despite defections by three conservatives who consider it too similar to the Obamacare law it is intended to …

KKR and Canadian Pension Fund to Acquire Insurance Broker USI in $4.3 Billion Deal

Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) agreed to buy USI Insurance Services from Onex Corp. in a $4.3 billion deal, including debt. The deal is the latest in a string …