Monthly Archives: <span>March 2019</span>

Plane Crashes into Ohio Home, Killing Pilot, Fire Chief Says

A small plane crashed into a suburban Cincinnati house Tuesday afternoon, killing the pilot and sending dark smoke billowing from the backyard. Emergency responders said no one was in the home at the time of the crash, and first responders …

Arkansas Legislature Passes Bill Allowing Testing of Self-Driving Cars

The Arkansas Legislature has approved a bill that allows pilot programs to test fully autonomous vehicles on state roads. The measure will let organizations submit operation and safety plans for up to three autonomous vehicles which would be able to …

Once Voted SocGen’s Woman of the Year, Former Exec Sues for $6M After Firing

A veteran executive who was voted woman of the year at Societe Generale SA is suing the bank at a Paris employment tribunal after colleagues accused her of being a disrespectful control-freak and her bosses decided she was unfit for …

Ping An’s Share Buyback Can’t Recapture Its 2017 Fintech Glory Days: Opinion

Sometimes, boring can be a good thing. Ping An Insurance (Group) Co.’s buyback looks like an attempt to recapture its 2017 glory days, when a series of exciting fintech initiatives turned the Chinese insurer into a must-have stock. As those …

Lexington’s Grippo Joins Sompo Pro to Lead U.S. Architects & Engineers Practice

Bermuda-based specialty insurer Sompo International Holdings Ltd. reported that Steven E. Grippo has joined Sompo Pro as senior vice president where he will lead the unit’s U.S. Architects & Engineers practice. Grippo brings to Sompo nearly 30 years of experience …

Washington Will be Joining Other States in Suing Major Opioid Shippers

Washington is the latest state to sue major distributors of opioids, saying the companies made billions of dollars while ignoring signs of a growing crisis fueled by addiction to the drugs. Attorney General Bob Ferguson announced the lawsuit Tuesday against …

ISU Insurance Agency in California Names Martinez Vice President

ISU Insurance Agency Network has named Jorge Martinez vice president of carrier relations. Martinez will report to Dan McCarthy, ISU’s chief operating officer. He has 10 years of experience in the industry, including holding positions at Prospect General. ISU Insurance …

Airbnb Loses Huge Battle Over California City’s Rental Law

Airbnb Inc. and Expedia Group Inc.’s HomeAway failed to persuade a U.S. court of appeals to strike down a Santa Monica law that makes the companies liable for illicit rentals in the Southern California beach city. The ruling Wednesday by …

AGCS Launches Product Recall Cover for UK Auto Parts Manufacturers

Allianz Global Corporate & Specialty (AGCS), Allianz’ specialist corporate insurer, launched Automotive Component Parts Product Recall cover for the UK market, which enables customers to mitigate the risk of expenses linked to a recall. These expenses can range from the …

Deadly 2017 California Wildfire Found Sparked by Edison Power Lines

The devastating Thomas Fire that killed two people and destroyed more than 1,000 structures northwest of Los Angeles in December 2017 was sparked by power lines owned by Southern California Edison Co , fire officials said on Wednesday. An investigation …