Yearly Archives: <span>2017</span>

Fines for Workplace Deaths in Nevada Reduced Often

Companies that contested Nevada workplace safety citations after an employee died on the job received reduced fines about half the time. An analysis of state and federal Occupational Safety and Health Administration fatality records by the Las Vegas Review-Journal showed …

Arizona Supreme Court Won’t Review Lower Court Ruling on Medical Marijuana

The Arizona Supreme Court is letting stand a lower court’s ruling that the state’s medical marijuana law is constitutional in requiring counties to approve reasonable zoning regulations. Maricopa County Attorney Bill Montgomery had appealed a Court of Appeals ruling last …

FTC, Congress, States Investigating Equifax Over Data Breach

The U.S. Federal Trade Commission and a powerful Congressional committee are investigating the data breach at Equifax Inc., deepening government scrutiny of the cyber attack that may have compromised the privacy of 143 million U.S. consumers. The probes by the …

Google Faces Lawsuit Alleging Employment Bias Against Women

Three female former employees of Alphabet Inc.’s Google filed a lawsuit on Thursday accusing the tech company of discriminating against women in pay and promotions. The proposed class action lawsuit, filed in California state court in San Francisco, comes as …

How New EU Rules Make It Tougher for Insurers, Hedge Funds to Manage Currency Risk

New European Union regulations on foreign exchange trading will make it harder and more expensive to manage currency risk, traders said, especially for large financial counterparties such as hedge funds and insurance companies. The regulations will impose “variation margins” on …

AIA and Zurich Make Separate Bids for Australian Insurance Businesses: Reuters

Hong Kong-based insurance giant AIA Group Ltd. has shown interest in buying Commonwealth Bank of Australia’s insurance business, which is likely to be valued at about $4 billion, people with knowledge of the matter said. Separately, Zurich Insurance Group AG …

Fire Destroys Large Section of New York Motel

Investigators are trying to determine what caused a fire that destroyed a large section of a northern New York motel in the heart of a popular Thousand Islands tourist destination. Officials say the fire broke out around 12:30 a.m. Wednesday …

Standard Chartered Meets with British Authority Overt Indonesia Bribe Allegations

Standard Chartered was to meet Britain’s Financial Conduct Authority this week over allegations of corruption at an Indonesian power plant company majority-owned by its private equity arm, a source familiar with the matter said on Monday. The bank in September …

Uninsured Rate Keeps Dropping in Pennsylvania, Census Says

The number of people without health insurance in Pennsylvania continues to decline, reaching what Democratic Gov. Tom Wolf’s office says is the lowest uninsured rate on record. U.S. Census Bureau data released this week shows Pennsylvania’s 2016 uninsured rate at …

Pennyslvania’s Ascinsure Hires Goff as Senior Vice President

Ascinsure Specialty Risk LLC, based in Pittsburgh, Penn., has hired Michael Goff to join the Ascinsure team as its senior vice president. Within this role, Goff will manage Ascinsure’s underwriting and wholesale divisions, including spearheading business development goals and overseeing …