Andrew G. Simpson

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So far Andrew G. Simpson has created 794 blog entries.
5 05, 2021

Crews Complete Transfer of Cargo on Tanker Off China Coast

By | May 5th, 2021|Uncategorized|Comments Off on Crews Complete Transfer of Cargo on Tanker Off China Coast

Cargo onboard a tanker that leaked oil off China has been removed and preparations are underway so the vessel can sail to a Chinese repair yard, the ship’s manager said on Wednesday. The A Symphony was anchored roughly 40 nautical …

5 05, 2021

Workers Refusing Covid Vaccine Could Lose Their Jobs

By | May 5th, 2021|Uncategorized|Comments Off on Workers Refusing Covid Vaccine Could Lose Their Jobs

Texas nurse Jennifer Bridges plans to go to work on June 7, like it’s any other day. The only difference is, when she gets there she expects to be fired. That day is the deadline her employer, Houston Methodist hospital, …

4 05, 2021

Gig Firms Know How to Fight to Save Their Business Model

By | May 4th, 2021|Uncategorized|Comments Off on Gig Firms Know How to Fight to Save Their Business Model

Uber, Lyft and other gig-economy companies face a new challenge from the Biden administration to their use of contract workers, but as they gear up for a fight in Washington they could turn to a lobbying playbook that helped them …

4 05, 2021

Rare Covid-19 Vaccine and Treatment Injury Victims Look to U.S. Fund

By | May 4th, 2021|Uncategorized|Comments Off on Rare Covid-19 Vaccine and Treatment Injury Victims Look to U.S. Fund

High school senior Emma Burkey received her “one and done” Johnson & Johnson coronavirus vaccine on March 20, and within two weeks was in an induced coma following seizures and clotting in her brain. She’s making a slow recovery, having …

3 05, 2021

Chinese Insurtech Waterdrop Seeks $360M in New York IPO

By | May 3rd, 2021|Uncategorized|Comments Off on Chinese Insurtech Waterdrop Seeks $360M in New York IPO

HONG KONG — Chinese online insurance technology firm Waterdrop Inc. aims to raise up to $360 million in an initial public offering on the New York Stock Exchange, company filings show. Waterdrop, which is backed by Tencent, will sell 30 …

3 05, 2021

Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike

By | May 3rd, 2021|Uncategorized|Comments Off on Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike

Warren Buffett said on Saturday that Berkshire Hathaway Inc. is being lifted by a U.S. economy faring far better than he predicted early in the coronavirus pandemic, though investor euphoria is making it hard to deploy cash. Speaking at Berkshire’s …

3 05, 2021

West Virginia’s Billion-Dollar Trial Against Opioid Distributors Gets Underway

By | May 3rd, 2021|Uncategorized|Comments Off on West Virginia’s Billion-Dollar Trial Against Opioid Distributors Gets Underway

The three largest U.S. drug distributors, who are accused of helping fuel the opioid crisis that has resulted in nearly 500,000 overdose deaths in the United States, will defend themselves in a trial that kicks off on Monday. The trial …

3 05, 2021

Buffett Says Non-Insurance Executive Abel Is His Likely Successor

By | May 3rd, 2021|Uncategorized|Comments Off on Buffett Says Non-Insurance Executive Abel Is His Likely Successor

Warren Buffett ended long-running speculation about his successor at Berkshire Hathaway Inc by saying Greg Abel, who oversees the conglomerate’s non-insurance businesses, would be named chief executive if he were to step down. Buffett, 90, told CNBC that “the directors …

3 05, 2021

In His Own Words: Q&A with Applied Underwriters’ Menzies on Buffet, California and ‘Pumping Entrepreneurial Power’

By | May 3rd, 2021|Uncategorized|Comments Off on In His Own Words: Q&A with Applied Underwriters’ Menzies on Buffet, California and ‘Pumping Entrepreneurial Power’

Steve Menzies, founder and chairman of Applied Underwriters Inc., is a busy man. Since he reacquired his company from Warren Buffett’s Berkshire Hathaway in 2019, he has been buying businesses, creating new subsidiaries, welcoming new teams of professionals and growing …

3 05, 2021

Swiss Re Scores Profit Despite COVID Death Claims, Catastrophe Losses

By | May 3rd, 2021|Uncategorized|Comments Off on Swiss Re Scores Profit Despite COVID Death Claims, Catastrophe Losses

Swiss Re reported consolidated net income of USD 333 million in the first quarter of 2021, despite heightened losses in its life and health reinsurance business related to COVID and property and casualty reinsurance losses from U.S. catastrophes. The company …