Monthly Archives: <span>January 2019</span>

Los Angeles Sues IBM’s Weather Channel for Use of Location Tracking

The city of Los Angeles is suing International Business Machines Corp.’s Weather Channel unit, accusing the company of misleading consumers about how their location data was being used. In a complaint filed Thursday [Jan. 3] in California state court, the …

NYC Street Collapses Amid Gas Line and Water Main Ruptures

A New York City street and sidewalk collapsed Friday into a 40-foot-wide crater near a construction site as a gas line exploded and a water main ruptured. Authorities said no one was injured in the afternoon incident at Northern Boulevard …

Columbia Gas Halts Service to About 1,700 in Pennsylvania

Columbia Gas of Pennsylvania says it’s in the process of shutting off service to about 1,700 customers in Washington County. The utility company said Saturday that the decision to suspend service has been made “out of an abundance of caution.” …

New House Finance Chair Waters Under Pressure; Flood Insurance on Bipartisan Agenda

As Maxine Waters takes the gavel of the powerful House Financial Services Committee, it’s not clear whom she’ll end up disappointing more: business-friendly Democrats or progressive Democrats. Conservative Republicans have derided her for touting President Donald Trump’s impeachment, vowing revenge …

Hamilton Underwriting Taps Vetch from W.R. Berkley as CFO, Replacing Barrett

Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Robert Vetch has joined the agency as chief financial officer. Reporting to CEO Dermot O’Donohoe, Vetch succeeds Simon Barrett who left …

Ford Recalls More Than 953,000 Vehicles Globally to Replace Air Bag Inflators

Ford is recalling more than 953,000 vehicles worldwide to replace Takata passenger air bag inflators that can explode and hurl shrapnel. The move includes over 782,000 vehicles in the U.S. and is part of the largest series of recalls in …

Gallagher Signs Agreement to Buy UK Specialist Broker Stackhouse Poland

Arthur J. Gallagher & Co. announced it has signed a definitive agreement to acquire 100 percent of specialist UK insurance broker Stackhouse Poland Group Ltd. The transaction is subject to regulatory approval and is expected to close in the first …

If Brexit Deal Is Rejected, UK Would Enter Uncharted Territory: PM May

Prime Minister Theresa May said on Sunday [Jan. 6] that Britain would be in uncharted territory if her Brexit deal is rejected by parliament later this month, despite little sign that she has won over skeptical lawmakers. Britain is due …

Swiss Shipping Firm MSC Pledges to Recover Containers Lost in North Sea

Switzerland-based shipping company MSC is pledging to pay the cost of cleaning up hundreds of containers one of its cargo vessels lost in a North Sea storm. The company said Saturday that it was committed to finding and retrieving the …

Tropical Storm Pabuk Weakens After Battering South Thailand

Thailand’s most powerful tropical storm in decades has weakened after strong wind and flash floods disrupted oil production and flights, leaving thousands of tourists stranded near the nation’s southern beaches. Wind from tropical storm Pabuk slowed to 55 kilometers per …