A U.S. judge has granted final approval to a $415 million settlement that ends a high profile lawsuit in which workers accused Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries. The plaintiffs alleged that …
The article Judge OKs $415M Settlement in Worker Suit Against Silicon Valley Giants appeared first on Insurance Journal.
The outlook for the U.S. property/casualty commercial insurance sector is stable but insurers will begin to feel the pressure from compressing margins, according to Moody’s Investors Service. In a new report, Moody’s said its stable outlook for the sector is …
The article Moody’s Sees 2015 as Turning Point for P/C Commercial Insurers appeared first on Insurance Journal.
Global professional services company Towers Watson and Cambridge Mobile Telematics (CMT), a telematics technology provider will use “advanced mobile sensing, data analytics and behavioral science,” in an agreement to provide “a jointly developed comprehensive usage-based auto insurance (UBI) solution and …
The article Towers Watson & Cambridge to Provide Usage-Based Auto Insurance Market Info appeared first on Insurance Journal.
Walnut Creek, Calif.-based Ascension Insurance Holdings LLC has made a series of senior management changes, which took effect Sept. 1. Edward Nathan Page, who was chief financial officer and executive vice president, has been promoted to president. Jamie Linden, who …
The article Ascension Insurance in California Makes Changes to Senior Executive Team appeared first on Insurance Journal.
Federal safety officials have placed a Norfolk, Neb., flooring manufacturer into a severe violator program for workplace safety hazards and attempting to hide those hazards from safety inspectors. U.S. Department of Labor Occupational Safety and Health Administration said MP Global Products LLC …
The article Nebraska Flooring Company Fined $244K for Workplace Dangers appeared first on Insurance Journal.
Wisconsin-based energy-efficient lighting designer and manufacturer Orion Energy Systems will pay $160,000 and furnish other relief to settle a federal disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). According to EEOC’s lawsuit, Orion fired IT employee …
The article Wisconsin Manufacturer Settles Disability Discrimination Suit for $160K appeared first on Insurance Journal.
U.S. Risk Insurance Group, Inc. has entered into an agreement involving the acquisition by U.S. Risk of an undisclosed ownership interest in Florida-based Strategic Program Managers, a specialist trucking MGA and broker. The combined premium volume in this class will …
The article U.S. Risk to Acquire Florida-Based Strategic Program Managers appeared first on Insurance Journal.
The Federal Emergency Management Agency has authorized the use of federal funds to help with firefighting costs for the Dry Gulch Fire in Baker County, Ore. FEMA Regional Administrator Kenneth D. Murphy determined that the fire was threatened such destruction …
The article FEMA Provides Federal Funds to Help Fight Oregon Wildfire appeared first on Insurance Journal.
The outlook for the U.S. property/casualty commercial insurance sector is stable but insurers will begin to feel the pressure from compressing margins, according to Moody’s Investors Service. In a new report, Moody’s said its stable outlook for the sector is …
The article Moody’s Sees 2015 as Turning Point for P/C Commercial Insurers appeared first on Insurance Journal.
The Tulsa Airports Improvement Trust and the Bank of Oklahoma’s parent company say they have reached a settlement over the failed Great Plains Airlines. The Tulsa Industrial Authority and the bank sued the airports trust for $15.6 million in 2013, …
The article Oklahoma Groups Settle Legal Battle Over Failed Airline appeared first on Insurance Journal.