March 13, 2017
Uber Technologies Inc. failed to persuade a judge to approve a settlement offering 1.6 million California drivers an average of $1.08 each to dispense with alleged labor-code violations that their lawyer earlier claimed might have been worth billions of dollars. …
March 13, 2017
Most commercial insurance prices in the U.S. were nearly flat during the fourth quarter of 2016, although prices continued to go up for commercial auto. The most recent Commercial Lines Insurance Pricing Survey (CLIPS) from brokerage and advisory firm Willis …
March 13, 2017
Virginia prosecutors say six people have been arrested for their alleged roles in an insurance fraud scheme that involved setting 30 fires. Federal prosecutors say the defendants over the course of 16 years set fire to homes, trailers, mobile homes …
March 13, 2017
Pennsylvania Gov. Tom Wolf’s administration sued International Business Machines Corp. on Thursday, saying the company failed to deliver on a 2006 contract to replace an outdated system of processing unemployment claims. The lawsuit said the technology and consulting giant was …
March 13, 2017
The Travelers Cos. Inc. announced it has agreed to acquire Simply Business from Aquiline Capital Partners LLC for approximately $490 million, which includes the repayment of debt and other obligations at closing. Operating since 2005, Simply Business is a leading …
March 13, 2017
West Virginia’s attorney general has reached a court settlement with a Cabell County used car dealer requiring he stand behind warranties, post unaltered buyer’s guides and ensure each vehicle sold will pass state safety inspection. It requires owner Shawn Dunfee …
March 13, 2017
Eight northern West Virginia residents have been indicted on charges that they staged vehicle accidents in order to file false insurance claims. Prosecutors say the eight were indicted Tuesday on mail fraud charges in federal court in Clarksburg. According to …
March 13, 2017
Hylant, one of the nation’s largest privately owned insurance brokerage firms, has named Brian Boone president of its Orlando, Fla., location, effective April 10. From 2009 to 2013, Boone held the role of employee benefits client executive at Hylant. He …
March 13, 2017
Alphabet Inc.’s self-driving car unit Waymo on Friday added a new patent claim to its intellectual property lawsuit against Uber Technologies Inc. and requested a preliminary injunction to stop the ride-sharing service from using what it says is proprietary information, …
March 13, 2017
Urgent action is required to limit the global fallout from rising obesity levels, according to a report published by health insurance provider Aetna International. Aetna International said it analyzed data from the World Health Organization (WHO), the United Nations, governments …