The U.S. Congress on Wednesday passed and sent to President Barack Obama legislation strengthening legal protection for companies’ trade secrets, including manufacturing processes and computer methods. The House of Representatives voted 410-2 to approve the “Defend Trade Secrets Act” on …
Uber’s proposed settlement of a high-profile class-action lawsuit last week has drawn opposition from some drivers and other concerned parties as the ride-hailing service seeks to avoid reclassifying drivers as employees. The settlement, which still must be approved by a …
PERILS, the Zurich-based independent organization providing industry-wide catastrophe insurance data, announced it has joined the Singapore-based Natural Catastrophe Data and Analytics Exchange (NatCatDAX) Alliance, which has been set up to help increase data availability for natural catastrophe insurance in Asia. …
Lloyd’s managing agents should take full advantage of Oasis, the open source catastrophe modeling platform, in order to get wider views on catastrophe risks, urged Tom Bolt, Lloyd’s director of performance management. “Catastrophe models are valuable tools, but each model …
Marsh IAS has appointed Jill Husbands as chairman of Marsh IAS Bermuda and Lawrence Bird as head of office in Bermuda. Husbands succeeds David Ezekiel who retired on Dec. 31, 2015. Husbands will focus on strategic growth initiatives and key …
Volvo’s North American CEO, Lex Kerssemakers, lost his cool as the automaker’s semi-autonomous prototype sporadically refused to drive itself during a press event at the Los Angeles Auto Show. “It can’t find the lane markings!” Kerssemakers griped to Mayor Eric …
Federal safety regulators have levied $80,280 in penalties against Quick Roofing LLC for repeatedly exposing workers to falls, ladder hazards and eye injuries. The Occupational Safety and Health Administration (OSHA) said the employer has been cited six times in three …
More people could be exposed to foodborne illnesses in Louisiana if lawmakers approve a provision in the governor’s 2017 budget proposal which would lead to fewer inspections of the retail food industry, officials said. The Department of Health and Hospitals …
Nearly 240 Texas and Louisiana residents have sued the Sabine River Authority over March flooding that inundated hundreds of homes and closed Interstate 10. Communities in Southeast Texas and Louisiana were flooded by up to 20 inches of rain last …
The Department of Insurance and Financial Services (DIFS) Office of Consumer Services assisted 8,353 consumers across the state and helped recover more than $1.7 million. “We strive to create and maintain active relationships with both consumers and licensees in the …
