May 21, 2015
SMC Construction of Reno, Nev. is suing the owners of the Hard Rock Hotel & Casino Lake Tahoe for failing to pay more than $6 million for work to finish the property before its Jan. 28 grand opening. The Reno …
May 21, 2015
Steve Wynn’s push for a stronger hand when suing people who badmouth him is being viewed by some, including Yelp Inc., as stacking the deck against free speech. The social media site called on its subscribers to stop the billionaire …
May 21, 2015
San Francisco, Calif.-based Edgewood Partners Insurance Center has named Myesha Lamison director of benefits technology as a part of EPIC’s employer services platform team. Lamison will be based in EPIC’s San Francisco office and report to John Gaffney, operations director …
May 21, 2015
Traffic jams in the future could cause potentially dangerous data snarl-ups as cars packed with entertainment, safety and navigation features vie for airwaves with smartphones, tablets and networked features in other vehicles, according to a study. By 2024, mobile networks …
May 21, 2015
Grocery retailers traditionally face a number of risks that are not covered by typical property, crime or cyber insurance programs. A new white paper report from global independent insurance broker Lockton — “Insuring the Operational Risks of Grocers with Intangible …
May 21, 2015
CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former members. CareFirst, which has a total of 3.4 million customers, …
May 21, 2015
Uber Technologies Inc.’s attempt to replace a patchwork of local rules in Texas with a state law regulating its car-booking business is headed for defeat because lawmakers have yet to act on a key measure with only days remaining in …
May 21, 2015
Ascot Underwriting Ltd. has formed Renewco Consortium (ReCo), a dedicated and independent underwriting platform for the renewable energy industry. The Lloyd’s consortium is jointly led by Ascot and Chaucer and managed by Ascot; Skuld is the third consortium partner. With …
May 21, 2015
Zurich Insurance Group AG, Switzerland’s biggest insurer, will cut costs by more than planned as it seeks to reverse a drop in earnings. Chief Executive Officer Martin Senn said he will make additional annual savings of at least $1 billion …
May 21, 2015
BP Plc has settled with oilfield services provider Halliburton Co. and contract driller Transocean Ltd. cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. history. BP still faces a potential fine of …