June 25, 2020
London-based independent insurance broker Howden Broking Group reports it been granted a license to operate in the Belgian market, further strengthening the group’s presence in Europe. Herman Kerremans will lead this latest opening as CEO of Howden Belgium. Kerremans, previously …
June 25, 2020
Insurance startup Lemonade Inc., which is backed by SoftBank Group Corp., said on Thursday it was looking to raise up to $286 million in its U.S. initial public offering (IPO), as the IPO market gains momentum after COVID-19 put many …
June 25, 2020
Ireland and Luxembourg, European headquarters to Google, Facebook, Twitter and Amazon, need a substantial boost in resources to deal with data breaches by U.S. tech giants, a European Union report said. The report by the European Commission, seen by Reuters, …
June 25, 2020
FRANKFURT/NEW YORK— Seeking to forestall further claims, Bayer AG is taking a risky bet that an independent scientific review will ultimately show that its widely used weed killer Roundup does not cause cancer, legal experts said. The company on Wednesday …
June 25, 2020
Two U.S. senators on Wednesday introduced legislation to reform part of a federal law that largely exempts tech platforms such as Facebook and Twitter from legal liability for the material their users post. The legislation, titled the Platform Accountability and …
June 25, 2020
California plans to ask a state court judge to force Uber Technologies Inc. and Lyft Inc. to classify their ride-hail drivers as employees rather than contractors, ratcheting up the tension over a new gig worker law. Shares of both companies …
June 25, 2020
Wirecard collapsed on Thursday owing creditors almost $4 billion after disclosing a gaping hole in its books in Germany’s worst accounting scandal. The implosion of the payments company came a week after auditor EY refused to sign off its 2019 …
June 25, 2020
Ever since the coronavirus sent millions of people home to work, people have been predicting that remote work will endure after the pandemic is over. Color me skeptical. I can’t imagine everyone not wanting to race back into the office …
June 25, 2020
Although considerable uncertainty remains over its ultimate cost, the COVID-19 pandemic looks set to rank among the re/insurance sector’s most expensive events, according to a report published by reinsurance broker Guy Carpenter. Not only does the pandemic have the potential …
June 25, 2020
county in Georgia has announced it’s hiring an independent firm to investigate possible coal ash contamination of residential water wells. An environmental consulting group will test wells of residents near Georgia Power Co.’s Plant Scherer in Juliette due to ongoing …