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

Marsh’s Beresheim Joins Lockton to Lead Financial Services Specialty Practice

Insurance broker Lockton announced the addition of Devin Beresheim as executive vice president for Lockton Specialty Practices. Beresheim replaces Brian Kawamoto who retired last year. Beresheim will lead Lockton Financial Services and will build growth plans across Lockton’s specialty practices. …

U.S. Investigating Lung Diseases Linked to e-Cigarettes

The U.S. Centers for Disease Control and Prevention is investigating a “cluster” of lung illnesses that it believes may be linked to e-cigarette use after such cases were reported in 14 states. The CDC said there was no evidence that …

Russia’s Yandex Accelerates Driverless Car Testing

Yandex, a Russian equivalent to Google, said it is considering expanding its fleet of self-driving cars to up to 1,000 within the next two years in order to speed up tests on the fledgling technology. Yandex hopes to start testing …

Novo Nordisk to Fight Danish Shareholder Lawsuit Seeking $1.75 Billion

Danish insulin-maker Novo Nordisk said it would fight a lawsuit filed in a Danish court on Friday which alleges the company made misleading statements about its insulin business in the United States, the company said in a statement. “Novo Nordisk …

Tokio Marine Joins Singapore Insurtech Program

Japanese property/casualty insurer Tokio Marine Holdings announced a partnership with Plug and Play’s Insurtech program in Singapore. With this new partnership in Singapore, Tokio Marine will now have access to Plug and Play’s network and the opportunity to work with …

Airbnb Settles Racial Discrimination Suit Brought by Oregon Women

Airbnb has settled a lawsuit brought by several Oregon women who said the site allowed vacation rental owners to discriminate against customers based on race. The Oregonian/OregonLive reports African American plaintiffs Pat Harrington, Carlotta Franklin and Ebony Price alleged that …

American Airlines Seeking Money from Unions for Flight Cancellations

Dallas-based American Airlines wants two labor unions to pay damages and the company’s attorney fees, saying they ignored a judge’s order to quickly end a work slowdown by mechanics. American hasn’t put a dollar figure on its request but says …

Phoenix Fire Engine Crash Brings $25M Wrongful Death Claim

The mother of a woman killed in a crash involving a Phoenix Fire Department truck has filed a $25 million wrongful death claim against the city. The claim alleges negligence by the firefighters operating the truck and their supervisors. Killed …

Edison International to Face Trial Over Woolsey Wildfire Claim in April

The first trial to determine if Edison International’s Southern California utility is liable for damages from the Woolsey wildfire that tore through Malibu last year will begin on April 27, a judge said. California Superior Court Judge William Highberger set …

Flooded Mississippi River Still a Threat as Hurricane Season Heats Up

The river that drains much of the flood-soaked United States is still running far higher than normal, menacing New Orleans in multiple ways just as the hurricane season intensifies. For months now, a massive volume of water has been pushing …