John Pilkington’s boss wouldn’t take no for an answer. During more than two years as a food runner at an upscale steakhouse in Scottsdale, Arizona, Pilkington says his male supervisor groped, fondled and otherwise sexually harassed him more than a …
Malaysia and Indonesia said on Thursday they are stepping up security in the Strait of Malacca, one of the world’s busiest shipping lanes, following the Singapore navy’s warning of possible attacks on oil tankers. The Singapore navy “has received indication …
Companies in Fort Wayne, Indianapolis and three other Indiana cities have been honored for their efforts to eliminate job-related accidents and illnesses. Indiana Commissioner of Labor Lori Torres presented Governor’s Workplace Safety Awards on Wednesday to Weigand Construction Co. and …
Chile’s government said Thursday that the death toll from a massive weekend earthquake and ensuing tsunamis was unclear because of confusion over the number of people who disappeared and whether they were dead. The government said it had formally identified …
The staff of a board created to monitor legislation affecting Ohio’s massive injured worker insurance fund after a rare coin investment scandal has been fired, plunging its oversight role into chaos. The three fired employees have accused the director of …
Standard & Poor’s Ratings Services has published updated assumptions for assessing European insurance hybrid capital instruments (see “Assumptions: Implications Of Solvency II Proposals For Our European Insurance Hybrid Criteria”). “We published the new criteria to clarify several areas, said the …
The company that insured a historic inn in western North Carolina is refusing to pay for damages from a fire, saying someone associated with the owners is responsible for the blaze. The owner has accused former employees of the Richmond …
Singapore’s biggest sovereign wealth fund GIC and Qatar Holding LLC have committed to underwrite a significant portion of UK Prudential’s $20 billion rights issue. GIC is an existing shareholder, with a 0.5 percent stake in Prudential, but Qatar does not …
American International Group said it would sell its 13.8 percent stake in reinsurer Transatlantic Holdings Inc, worth about $500 million at Thursday’s closing stock price. AIG, nearly 80 percent owned by the U.S. government, said on Friday that its American …
Ping An Insurance, China’s No. 2 insurer, said on Friday it was not concerned about a plan by Britain’s Prudential to buy the Asia assets of U.S. insurer AIG, the market leader among foreign insurers in China. Ping An does …
