Monthly Archives: <span>September 2016</span>

Lawyer: $1.9M Settlement in Sandra Bland Wrongful Death Lawsuit

The family of Sandra Bland, a black Chicago-area woman who died in a Texas jail after a contentious traffic stop last summer, has reached a $1.9 million settlement in their wrongful death lawsuit, the family’s attorney told a Houston television …

Louisiana Police Jury Seeks to Recover Stolen Money, Sues Insurer

The Rapides Parish Police Jury has hired a law firm to try to recover money they say was stolen from the District Attorney’s Office by an employee. The police jury, which is the governing authority for the parish, agreed to …

Case Before Iowa Supreme Court Pits Water Supplier Against Farmers

The Iowa Supreme Court heard arguments and must now decide whether to weigh in on a federal lawsuit that pits the water supplier to 500,000 central Iowa residents against upstream farmers accused of contaminating rivers with nitrates from crop fertilizer. …

California School Creates Degree for Self-Driving Car Engineers

Auto and tech companies are in a race to get self-driving cars to the public, but as with many cutting-edge technologies, there aren’t enough trained engineers to meet the demand for talent. So Mountain View, Calif.-based online higher education company …

Judge Rules Uber Can Settle with Customers over Tips

Uber Technologies Inc. won permission to settle claims it misled consumers by charging them a 20 percent “gratuity” even though drivers got only about half of it. U.S. District Judge Edward Chen in San Francisco on Thursday gave preliminary approval …

Wells Fargo Facing Disclosure Questions Over ‘Phantom’ Sales Scandal

A phantom account scandal at Wells Fargo & Co. has put the U.S. bank’s disclosure policies under a harsh spotlight. Despite press reports that a federal regulator and the Los Angeles prosecutor were investigating sales practices at retail branches of …

New York Regulators Announce Emergency Measure to Protect Some Health Insurers

New York’s Department of Financial Services has issued an emergency regulation intended to help the state’s health insurers deal with a federal requirement that puts some under sharp financial stress. The federally mandated program for adjusting financial risk under the …

XL Catlin to Buy Australian Underwriting Agency Brooklyn

Specialist insurer XL Catlin has agreed to acquire Australia’s Brooklyn Underwriting from Paul Hines. Brooklyn is an underwriting agency in Australia and a Lloyd’s approved coverholder, that has been operating in the Australian market for more than two decades, Brooklyn …

City of Boston Launches Urban Mobility Program, Prepares to Test Driverless Cars

Boston, Mass., Mayor Martin J. Walsh, the Boston Transportation Department and the Mayor’s Office of New Urban Mechanics, in partnership with the World Economic Forum, announced the launch of a new program to explore autonomous technologies within the City of …

AIG Selling Stake in Ascot Lloyd’s Syndicate; Will Keep Bermuda, Reinsurance Ties

American International Group Inc. has agreed to sell its interest in Ascot Underwriting Holdings Ltd. (AUHL) and related syndicate-funding subsidiary Ascot Corporate Name Ltd. to Canada Pension Plan Investment Board (CPPIB) for $1.1 billion. Total consideration for the deal is …