Monthly Archives: <span>May 2018</span>

Vegas Magician Copperfield Not Liable for Tourist’s Injuries, Jury Rules

Illusionist David Copperfield was found negligent but not financially responsible for a British tourist’s injuries during a signature vanishing act that used participants from the audience of a Las Vegas Strip show in 2013, a jury said Tuesday. Gavin Cox …

Worldwide Facilities Acquiring RIC Insurance in California

Worldwide Facilities LLC has acquired the assets of Santa Rosa, Calif.-based RIC Insurance General Agency Inc. Terms of the deal weren’t disclosed. RIC will continue to maintain its client and market relationships and commitments as a division of Worldwide Facilities. …

How Safe Must Driverless Vehicles Be to Be Accepted? Very Safe.

The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles developed by Uber Technologies Inc. and Tesla Inc. have led to doubts about whether these vehicles can alleviate traffic issues …

California Cannabis Banking Bill Clears Senate, Heads to Assembly

A California bill to establish a state charter bank for cannabis businesses has passed the Senate Floor. Senate Bill 930, authored by state Sen. Bob Hertzberg, D-Van Nuys, would enable banks to issue checks to cannabis business accountholders to be …

AXIS Re Reports Organizational Changes, Market Expansion Plans

AXIS Re, the reinsurance segment of AXIS Capital Holdings Limited, has announced organizational changes to improve client service and plans to expand product and market capabilities. AXIS Re will now organize around four major divisions – North America, EMEA (Europe-Middle …

Marijuana, Opioids Found in High Percentage of Drivers Killed in Car Crashes

More than half of drivers killed in car accidents who were tested for drugs had marijuana, opioids or a combination of the two in their system, according to a new report. The report from the Governors Highway Safety Association (GHSA) …

More U.S. Firms Follow Europeans in Valuing Apprenticeships to Attract Talent

The rise of the apprentice: a European tradition comes to the U.S. The growing number of apprenticeships in the U.S. has more to do with European companies importing the practice into their American operations than with the long-running NBC television …

Rivals Uber, Waymo in Talks About Driverless Ride Hailing Partnership

Uber Technologies Inc. is talking with Alphabet Inc.’s autonomous driving unit Waymo about using its technology on Uber’s ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, signaling a possible thaw in relations between the firms. Khosrowshahi said on …

Runner Who Broke Arm on NYC Bridge Sues Port Authority

A New York man who broke his arm running on the George Washington Bridge is suing the Port Authority of New York and New Jersey, alleging there’s not enough space for cyclists and pedestrians. Dennis O’Donnell says he was headed …

After Pair of 1-in-1000 Year Floods, a Maryland Town Seeks Safeguards

The deadly flash flood that devastated a Maryland town’s historic center in July 2016 was dubbed a 1-in-1000 year event. Less than two years later, an even more treacherous flood ravaged the town, gutting shops and killing a visitor. Exasperated …