Monthly Archives: <span>August 2015</span>

Tropical Storm Erika Fades Before Florida After 20 Deaths in Caribbean Island

Tropical Storm Erika, which killed at least 20 people on the small Caribbean island of Dominica, broke up in the waters off Cuba, the U.S. National Hurricane Center said on Saturday. All tropical storm warnings and watches have been dropped …

Business Owners Failing to Plan for Unexpected Events: Study

Many business owners think they are good decision makers but they fail to address essential long-term business planning that is critical to sustaining their businesses for the long-term. While they feel they want to protect their businesses and families, they …

Joint Employer Ruling Hikes Parent Companies’ Liability, Unions’ Bargaining Power

A major ruling handed down on Thursday by the U.S. National Labor Relations Board could give unions greater bargaining power by enabling them to negotiate directly with large parent companies like McDonald’s that rely heavily on franchisees and contractors. The …

Uber Plans for Driverless Cars, Hires Hacking and Robotics Experts

Uber Technologies Inc. has hired two top vehicle security researchers, the company said on Friday, high-profile additions that come as the ride-hailing service ramps up its work on technology for self-driving cars. Charlie Miller, who had been working at Twitter …

Trinity Says Virginia Orders More Tests for Highway Guardrails

Trinity Industries Inc.’s guardrail system will undergo additional crash testing by Virginia, raising new questions about a device on roadways across the country. Some of Virginia’s six proposed tests on the ET-Plus, scheduled to begin in mid-September, will be different …

Hedge Fund Financing of Lawsuits Draws Interest from Senators

Hedge funds have been speculating on lawsuits, a new form of financial engineering that some business interests say encourages wasteful courtroom warfare. Now two top Republican senators—Chuck Grassley of Iowa and John Cornyn of Texas—have a few questions of their …

U.S. Chamber of Commerce Urges China to Open Insurance, Securities Markets

Members of the American Chamber of Commerce group urged China on Friday to allow more access to its insurance and other service industries, saying foreign skills could help develop its volatile stock markets and cope with disasters like the recent …

Carvey Appointed Head of Treaty at Hamilton at Lloyd’s

Hamilton Underwriting Limited, the Lloyd’s managing agency of Bermuda-based holding company Hamilton Insurance Group, has hired Trevor Carvey as head of treaty. Carvey will report to Dermot O’Donohoe, chief executive officer of Hamilton Underwriting Limited. He will be responsible for …

Tissot Named SCOR Group COO

French reinsurer SCOR Group has appointed Nicolas Tissot as the Group’s Chief Operating Officer (COO), effective as of today, August 31. He reports to Chairman and CEO Denis Kessler, and joins the SCOR Group Executive Committee. The announcement explained that …

QBE Appoints Lingafelter as Managing Director of Asia Pacific Region

QBE Insurance has appointed Mark Lingafelter as managing director of its Asia Pacific region with effect from September 1, 2015. Based in Singapore, Lingafelter will be accountable for the ongoing execution of the QBE Asia Pacific Profitable Growth Strategy and …