Andrew G. Simpson

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So far Andrew G. Simpson has created 794 blog entries.
24 02, 2021

Bills to Block Mandatory Worker Vaccines Falter in the States: Stateline

By | February 24th, 2021|Uncategorized|Comments Off on Bills to Block Mandatory Worker Vaccines Falter in the States: Stateline

Lawmakers in at least 23 states, often encouraged by vaccine skeptics, have proposed banning employers from requiring workers to get vaccinated against COVID-19 or other infectious diseases. Most bills are sponsored by Republicans, who say employees shouldn’t have to choose …

23 02, 2021

Facebook Employee Called Inflated Ad Metrics ‘Deeply Wrong’

By | February 23rd, 2021|Uncategorized|Comments Off on Facebook Employee Called Inflated Ad Metrics ‘Deeply Wrong’

Facebook Inc. internal emails made public in court reveal an employee’s concerns the company misrepresented advertisers’ estimated audience, calling the practice “deeply wrong.” But senior executives didn’t want to fix the problem because the impact on revenue would have been …

23 02, 2021

More Insurer Partnerships, Tech Investments, Divestitures to Come in 2021, Says Bain

By | February 23rd, 2021|Uncategorized|Comments Off on More Insurer Partnerships, Tech Investments, Divestitures to Come in 2021, Says Bain

Insurers in 2021 will be doubling down on streamlining, reinforcing their core businesses and updating technology, and mergers and acquisitions will help them get there as it did in 2020, according to a Bain & Co. report. “We anticipate that …

22 02, 2021

Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses

By | February 22nd, 2021|Uncategorized|Comments Off on Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses

If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood Insurance Program (NFIP), the NFIP rates would need to increase 4.5 times to cover the risk …

22 02, 2021

Mother of 11-Year-Old Who Died in Texas Freeze Sues Power Companies for $100M

By | February 22nd, 2021|Uncategorized|Comments Off on Mother of 11-Year-Old Who Died in Texas Freeze Sues Power Companies for $100M

The mother of an 11-year-old boy who died after they lost electricity and heat in their Texas mobile home during last week’s freeze has filed a $100 million lawsuit against two power companies for gross negligence. Maria Pineda said the …

22 02, 2021

Judge Tosses Wife’s Suit Blaming Employer for Her Husband’s Covid

By | February 22nd, 2021|Uncategorized|Comments Off on Judge Tosses Wife’s Suit Blaming Employer for Her Husband’s Covid

A federal judge tossed out a first-of-its-kind lawsuit that sought to hold an employer responsible for a worker’s spouse getting sick with Covid-19. U.S. District Judge Maxine M. Chesney in San Francisco on Monday dismissed the complaint filed by Corby …

23 02, 2021

U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield

By | February 23rd, 2021|Uncategorized|Comments Off on U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield

Insiders said one company pushed unnecessary pain medication to the U.S. military; another promoted an unproven treatment for children with cancer; and a third used unlicensed counselors to treat poor people with mental illness. In all three cases, taxpayers footed …

16 02, 2021

Progressive to Buy Transportation Insurer Protective for $338 Million

By | February 16th, 2021|Uncategorized|Comments Off on Progressive to Buy Transportation Insurer Protective for $338 Million

The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake in the commercial lines insurance market. Progressive has agreed to pay $23.30 per share in cash, for a total transaction …

16 02, 2021

Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance

By | February 16th, 2021|Uncategorized|Comments Off on Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance

Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros ($7.3 billion) of divestments, people with knowledge said. The U.K. company is in negotiations to …

16 02, 2021

Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits

By | February 16th, 2021|Uncategorized|Comments Off on Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits

Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering and delivery business went public through a merger with blank-check firm Landcadia Holdings Inc. Landcadia had some powerful names behind …