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Brexit Transition Period Crucial to Protect London as Financial Center: UK Lawmaker

Transitional arrangements after leaving the European Union in 2019 will be crucial for protecting the economy and the City of London’s global role in finance, a senior British lawmaker said on Tuesday. Nicky Morgan, the new chair of parliament’s Treasury …

Fired Chairman of UK’s AA Plc Has ‘Mental-Health Issue,’ Says Son

Bob Mackenzie, the AA Plc executive chairman dismissed Tuesday for “gross misconduct,” is suffering from a mental-health issue, his son said in a statement. “My father tendered his resignation this morning and resigned his directorships due to acute ill health, …

Neon Taps Boorman from Probitas Syndicate 1492 as Head of Financial Lines

Neon has appointed Charles Boorman as head of Financial Lines and Ian West as director of Major Client Relations. Boorman brings 25 years of experience in the industry, most recently at Probitas Syndicate 1492 as head of Financial Lines. Prior …

Michigan Law Makes Roadway Donations Legal, but Insurance Required

Gov. Rick Snyder has signed a law making roadway donations legal after the attorney general said Michigan’s traffic code didn’t allow them. Charities or civic groups can solicit donations on public streets if they follow rules set by local governments. …

Court: Indiana County Layoffs of Older Workers not Discriminatory

A federal appeals court has ruled against 20 former Lake County employees who claimed their layoffs were driven by age discrimination. The Seventh Circuit Court of Appeals in Chicago ruled that the plaintiffs, many of whom are now in their …

JLT Specialty USA Adds O’Brien as Executive VP in Chicago

Chicago-based insurance and reinsurance services company, JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Michael O’Brien as executive vice president. O’Brien will join JLT’s Chicago office and lead business development efforts in the …

South Carolina Hotel Fire Forces Evacuation of 300 Guests, Permanent Residents

Nearly 300 residents were evacuated from a South Carolina hotel after a fire. The Morning News of Florence reports the evacuees included many permanent residents of the Suburban Extended Stay Hotel in Florence. Firefighters from multiple stations arrived Saturday afternoon …

Compare.com Is Proof Insurance Disruption Won’t Happen Overnight: CEO Rose

Disrupting an industry that has been doing things the same way for a generation takes time. Take it from one major insurance disruptor – compare.com. The online insurance comparison marketplace launched in the U.S. in 2013 and now operates in …

How to Protect Older Workers from Injuries on the Job

When managers at Bon Secours Virginia Health System started analyzing worker’s compensation cases, they noticed a bad combination: Lifting heavy and sicker patients was taking a toll on older nurses. “We saw an increase in back injuries and older workers …

Court Allows Democratic AGs to Defend Obamacare Subsidies for Low-Income Insureds

A U.S. appeals court on Tuesday allowed Democratic state attorneys general to defend subsidy payments to insurance companies that are a critical part of the Obamacare healthcare law. The U.S. Court of Appeals for the District of Columbia Circuit granted …

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