El Faro ‘Black Box’ Recovered August 11, 2016 By Jason Dearen Search crews have retrieved the ‘black box” from the wreckage of the freighter El Faro that sank in 15,000-feet of...
California’s PG&E Found Guilty of Obstructing Investigators August 11, 2016 By Sudhin Thanawala A federal jury found California’s largest utility guilty of violating pipeline safety regulations before a deadly natural gas pipeline explosion...
Suit against Seattle Law Enabling Uber Drivers to Unionize Tossed by Judge August 11, 2016 A judge has dismissed the U.S. Chamber of Commerce’s lawsuit against Seattle’s new ordinance that gives drivers for ridesharing companies...
French Women Took Sanofi Epilepsy Drug Despite Risk to Fetuses: Report August 11, 2016 By Gerard Bon and Geert De Ciercq More than 10,000 pregnant women in France took Sanofi’s anti-epilepsy drug Depakine between 2007 and 2014 although the risk of...
Howell Named Regional CEO of Zurich in Asia Pacific August 11, 2016 Zurich announced the appointment of Jack Howell, (46, U.S. citizen) to the role of regional chief executive officer of Zurich...
Aon Appoints Cai (Former Head of World Bank’s Investment Arm) to Board August 11, 2016 By Katherine Chiglinsky Jin-Yong Cai, a TPG Capital partner and the former head of the World Bank’s investment arm, joined the board of...
Ironshore’s Pembroke Managing Agency Forms Specie Consortium at Lloyd’s August 11, 2016 Ironshore’s Pembroke Managing Agency Ltd. announced the formation of the Specie Consortium, a new venture supported by 21 Lloyd’s Syndicates...
Zurich Insurance Q2 Net Income Declines 12% on Restructuring, Nat Cats August 11, 2016 By Jan-Henrik Förster and Jeffrey Vögeli Zurich Insurance Group AG said second-quarter profit fell 12 percent on higher restructuring charges and claims from natural catastrophes as...
Data Centers’ Use of Water for Cooling Has Investors Concerned August 11, 2016 By Justin Morton Data centers, used by governments and large corporations to house their computer systems, have one big environmental problem: They get...
New Great American Endorsement Covers Use of Drug to Prevent Opioid Overdoses August 11, 2016 Great American Insurance Group has launched a professional liability endorsement to cover the administration of Naloxone, a drug that counteracts...