Articles by Andrew G. Simpson

U.S. Lawsuit Accuses Walmart of Bias Against Pregnant Employees

Walmart is again being accused of violating federal law by failing to accommodate workers’ pregnancy-related medical restrictions. According to a lawsuit brought by the federal Equal Employment Opportunity Commission (EEOC), Alyssa Gilliam and a class of pregnant employees at Walmart’s …

Assurant Invests in Connected Car Services Startup

Niche market specialty insurer Assurant has invested in a technology startup focused on connected car services. The New York-based company declined to disclose the level of investment in Mojio, a technology platform and software-as-a-service (SaaS) provider with offices in Silicon …

Marsh & McLennan Moved Quickly as Stars and People Aligned in JLT Deal

Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 and he sensed an opening, …

VW, Other Carmakers in Talks Over Autonomous Vehicle Standards

Germany’s Volkswagen is in talks with other carmakers to set common standards for self-driving vehicle technology, Automotive News reported on Friday. The Volkswagen Group is discussing the initiative with more than 15 potential partners, according to the report, which cited …

More Super Regional P/C Carriers Ready to Dive Into Specialty Lines

There’s Opportunity in Unusual and Emerging Risks, Sullivan Tells Carriers The current economic and business wave presents property/casualty insurance carriers with opportunities to expand or differentiate themselves by getting into the specialty lines business. There is no shortage of unusual …

Vindati Platform Looks to ‘Delight’ Brokers Seeking Specialty Markets for Small-Medium Businesses

There will soon be a new specialty insurance site that promises to quicken and simplify transactions for U.S. insurance brokers who are serving small and medium sized businesses. Vindati, a New York-based managing general agency (MGA), will be offering brokers …

3 Massachusetts Towns Rocked by Series of Gas Explosions, Home Fires

Three northern Massachusetts residential communities were rocked last night by dozens of gas-fueled explosions and fires that erupted within minutes of each other, straining fire crews and forcing evacuations. One man was killed and about 25 injured, including at least …

Trump’s Labor Board to Try Again to Ease Obama Franchise Liability Standard

The U.S. agency that enforces federal labor laws took the first steps on Thursday towards loosening an Obama-era standard that made it easier to hold companies liable for illegal labor practices by their contractors and franchisees. The five-member National Labor …

German Court Postpones Key Case on YouTube Liability to Obtain EU Opinion

Germany’s highest court has postponed a decision on whether YouTube is liable for violations of intellectual property rights on its video platform in order to seek the opinion of European Union judges, a process expected to take one to two …

BoE’s Carney Cites China’s Financial System as Risk to Global Financial Stability

China’s financial system poses one of the bigger risks to global financial stability, Bank of England Governor Mark Carney said in an interview with the BBC to mark the 10th anniversary of the global financial crisis. Carney also cited domestic …