Rental Car Firms Losing Out to Ridesharing April 22, 2016 By Olivia Zaleski Taxis aren’t the only ones that may be stressing out about Uber Technologies Inc. Transactions from the ride-hailing startup have...
‘100-Year Floods’ Happen More Often Than People Think April 22, 2016 By Brian K. Sullivan Eleven months ago, Houston had a deadly flood. This week, the city had another. Events like these are often called...
Aspen Q1 Operating Income Decreases to $89.9M from $98M in Q1 2015 April 22, 2016 Bermuda-based Aspen Insurance Holdings Ltd. reported net income after tax of $114.4 million, or $1.68 per diluted share for the...
India’s 1st Insurer IPO Paves Way for More Public Offerings in $60B-Plus Industry April 22, 2016 By Pooja Thakur India will get its first life-insurance listing since it opened up to private-sector investors 16 years ago, paving the way...
Hiscox Appoints Hussain as Group Chief Financial Officer April 22, 2016 Hiscox Ltd. announced that Hamayou Akbar (“Aki”) Hussain will join the Hiscox Group as group chief financial officer. Hussain will...
SCOR Increases P&C GWP Levels by 4.7% During April Renewals; Profits on Target April 22, 2016 SCOR Global P&C increased gross written premiums by 4.7 percent at the recent April renewals, based on constant exchange rates,...
West Virginia Supreme Court Reverses Dismissal of Age Discrimination Case April 22, 2016 The West Virginia Supreme Court has reversed a previous ruling it made that dismissed a lawsuit alleging age discrimination. The...
Athlete Attorney: NCAA Also to Blame for UNC Academic Fraud Scandal April 22, 2016 By Aaron Beard An attorney representing two ex-North Carolina athletes says the school and NCAA are both responsible for UNC’s long-running academic fraud...
Obama Makes Impassioned Appeal for Britain to Stay in European Union April 22, 2016 By Roberta Rampton and William James U.S. President Barack Obama made an impassioned appeal on Friday for Britain to remain in the European Union, saying membership...
Ecuador to Raise Taxes, Sell Assets to Fund Multi-Billion Dollar Quake Rebuilding April 22, 2016 By Ana Isabel Martinez and Diego Oré Ecuador will temporarily increase some taxes, sell assets, and may issue new bonds on the international market to fund a...