Daily Archives: <span>February 6, 2018</span>

Potential Trump Tax Loophole for Pass-Through Businesses

If exploiting a tax loophole is as much an art as a science, then the tax planning profession is poised for a creative renaissance. The inspiration is the tax law signed by President Donald Trump in December. The patrons are …

Maryland’s Trident Insurance Group Hires Sohn

Trident Insurance Group Inc., based in Dunkirk, Md., has hired surety professional William Sohn to its organization. With more than 25 years of experience as an underwriter in the contract surety business, Sohn will immediately begin leading Trident’s surety underwriting …

Vermont’s USA Risk Group Appoints Roseman as President and CEO

USA Risk Group (USARG), a Barre, Vt.-headquartered, independent captive management firm, has appointed Stephen Roseman as president and CEO. Roseman will lead USARG’s Operational Leadership Team (OLT) that has been in place since 2016 and be responsible for executional oversight …

Virginia Train Crash: Railroad Crossing Safety Arms Face Scrutiny

The lead investigator for the National Transportation Safety Board said it’s too early to say whether the safety arms at a rural Virginia crossing were working when a train carrying GOP members of Congress slammed into a trash truck, killing …

Former CIA Attorney Krass to Join AIG in General Counsel Roles

American International Group announced that Caroline Krass will join the company as senior vice president and general counsel for General Insurance, and deputy general counsel for AIG, effective in March. Krass previously served as general counsel for the Central Intelligence …

Two Killed, One Critical Injury After Accident at Pennsylvania Crane Manufacturer

Two men have been killed and a third was critically injured in an accident at a Pennsylvania crane manufacturer. State police say the accident happened Friday morning at Manitowoc Cranes in Shady Grove, about 65 miles southwest of Harrisburg. Trooper …

Trial Over Waymo Claim of Uber Trade Secrets Theft Gets Underway

Uber was either a cheating competitor willing to break the law to win the race to develop self-driving cars, or the victim of an unproven conspiracy theory stitched together by its main rival, Waymo, jurors heard in opening statements of …

China’s ‘Biggest Fiscal Risk Is Pension Risk’ from Aging Population

China’s pension shortfall is emerging as the next big challenge for policy makers as they intensify their years-long campaign to keep rising debt from derailing the economy. Aging in the world’s most populous country means pension contributions by workers no …

Siccardi Appointed Chief Operating Officer of Aon Benfield UK

Leonora Siccardi has been appointed chief operating officer of Aon Benfield UK, reporting to Nick Frankland, UK CEO of Aon Benfield, and Maggie Westdale, CFO of Aon Benfield. Siccardi will oversee the strategy, leadership, development and execution of policy and …

Brexit Transitional Deal Needed by End of March, Says FCA’s Bailey

The head of the U.K. Financial Conduct Authority added urgency to Brexit negotiations by saying European governments must reach a transitional agreement for financial services by the end of March to avoid the risks presented by EU departure. Financial contracts …