The California Public Utilities Commission has raised concerns over certain deficiencies that it says could affect PG&E Corp.’s ability to provide safe and reliable service, the power provider disclosed in a regulatory filing on Wednesday. The regulator, in a letter …
Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the industry, a senior European Union official said on Wednesday. More fintech firms are expected to offer insurance, helped by the …
Private equity investors Pelican Ventures and J.C. Flowers & Co. have completed their acquisition of Ariel Re from Argo Group. Ariel Re underwrites a global portfolio of reinsurance products in Bermuda, London and Hong Kong through its Lloyd’s platform. Under …
A former Starbucks Corp. barista in New Jersey sued the coffee chain on Thursday, claiming she was fired illegally because she did not want to wear a “PRIDE” T-shirt, which she said conflicted with her religious beliefs. Betsy Fresse said …
Global broking business Brokerslink has launched a dedicated international insurance programme management platform to drive the continued growth and digitalization of its international portfolio across the organisation’s broker network. Called Space B IPA (International Programme Administration), the platform has been …
British roadside recovery company AA Plc agreed a sale to private equity groups Warburg Pincus International and TowerBrook Capital Partners on Wednesday, in a deal that digs a popular UK institution out of financial problems deepened by the coronavirus pandemic. …
Can you be fired from a government job for using a firearm in self-defense? That question arose in a recent decision by the U.S. Court of Appeals for the Seventh Circuit. The answer was … equivocal. Let’s first be clear …
President-elect Joe Biden’s top technology adviser helped craft California’s landmark online privacy law and recently condemned a controversial federal statute that protects internet companies from liability, indicators of how the Biden administration may come down on two key tech policy …
The head of the European Union’s executive on Wednesday reported “genuine progress” in Brexit talks but said the risk of Britain leaving the EU without a new trade deal on Dec. 31 remained, an outcome she said the bloc was …
The first Americans could receive a COVID-19 vaccine as soon as Dec. 11, the chief scientific adviser for the U.S. government’s vaccine program said on Sunday. “Within 24 hours from the approval, the vaccine will be moving and located in …
