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London Unveils New Rules for Uber’s Drivers, Cars; Fleet Insurance Also Eyed

London’s transport authority unveiled proposed new rules for private hire taxi companies such as Uber by requiring them to limit working hours for their drivers, share data on travel patterns and ensure provision of wheelchair-accessible vehicles. Companies “should ensure that …

Cyber Risk Management Fails to Measure Up to Escalating Cyber Risks: Marsh, Microsoft

Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security as a top risk management priority, according to a new global survey conducted by Marsh and Microsoft Corp. In the …

Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike

A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz SE from raising its dividend. Europe’s biggest insurer will increase the dividend for 2017 by 5.3 percent to 8 euros …

Siemens Joins 8 Industry Partners (Including Allianz) to Counter Cyber Attacks

Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years. The group signed a charter Friday at a security …

UK Supports Post-Brexit Mutual Recognition System for London’s Financial Services

Britain’s government is ready to push for the kind of Brexit plan for financial services that the City of London has long favored, but which has already run into opposition in Brussels, two government officials said on Friday. London is …

Weinstein-Wary Businesses Updating Employee Dating Policies

It happens in so many workplaces — two colleagues begin a romantic relationship. But a heightened awareness about sexual harassment means small business owners can get more anxious when employees start dating. Many owners have consulted with employment attorneys or …

Drone Suspected in Helicopter Crash Landing in South Carolina

A helicopter’s crash landing in South Carolina this week may have been triggered by a civilian drone, which would make it the first drone-related crash of an aircraft in the U.S. The incident on Wednesday involved a student pilot and …

‘Public Is Tired of Excuses’ for Delays in Anti-Crash Tech: Republican Chairman

The chair of a congressional committee on Thursday urged U.S. railroads and transit agencies to meet a looming deadline to install an anti-crash technology called positive train control after a series of recent crashes. “I think the American public is …

U.S. Says Russia to Blame for Last June’s NotPetya Cyber Attack

The United States on Thursday publicly blamed Russia for carrying out the so-called NotPetya cyber attack last year that crippled government and business computers in Ukraine before spreading around the world. The statement by the White House came hours after …

Hub International Forms 8 Industry Specialty Practices

Hub International, a global insurance brokerage, is forming new industry specialty practices as part of its strategy to be a specialist broker offering tailored insurance products for its business clients. The first eight industry specialty practices include Transportation, Financial Institutions, …

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