October 23, 2020
A California appeals court on Thursday unanimously ruled against ride-hailing companies Uber Technologies Inc. and Lyft Inc., saying they must reclassify their drivers in the state as employees. While the ruling does not take effect before a Nov. 3 company-sponsored …
October 23, 2020
Pennsylvania’s highest court on Tuesday grappled with whether a woman’s lawsuit on claims of sexual abuse by a priest decades ago should be allowed to proceed – a lower-court ruling that has launched many other lawsuits since it was issued …
October 23, 2020
Ellen Moore, the current president of Chubb Canada, has announced her retirement, which will take effect at the end of the year. She is succeeded by John Alfieri, Chubb’s current executive vice president, North America Major Accounts Field Operations, effective …
October 23, 2020
Most crosswalks in New York City violate laws protecting people with disabilities by failing to properly protect blind and low-vision pedestrians, a judge ruled Tuesday. U.S. District Judge Paul A. Engelmayer in Manhattan said the city has violated three laws …
October 23, 2020
A judge in Durham County, North Carolina has handed down what may be the nation’s first dispositive ruling in favor of policyholders in a COVID-19 business-interruption lawsuit. Superior Court Judge Orlando F. Hudson Jr. ruled on Oct. 7 that closure …
October 23, 2020
Everest Re Group Ltd. is estimating pre-tax net catastrophe losses of $300 million for the third quarter 2020. The estimate includes the impact of Hurricanes Laura, Isaias and Sally, wildfires in California and Oregon, and other events including the Midwest …
October 23, 2020
QBE Insurance Group announced that Richard Pryce will assume the role of interim group chief executive officer while the search process for a permanent replacement is underway. The executive changes at QBE became necessary when it was announced in September …
October 23, 2020
Bayer’s Monsanto division on Wednesday [Oct. 21] lost a final appeal in a long-running French legal battle in which the crop chemical maker has been held liable for the accidental inhalation of a weedkiller by a crop farmer. Monsanto had …
October 23, 2020
Bermuda has been spared the worst of Hurricane Epsilon, which passed 200 miles to the east of the island and is heading , according to a report from Weather Underground. However, Epsilon’s large size, at times, brought some tropical storm …
October 23, 2020
Paul Hanratty, the new chief executive officer of Sanlam Ltd., is refocusing on the South African insurer’s home market and plugging holes from its largest-ever acquisition to squeeze higher returns out of its businesses. It’s been two years since the …