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Uber Drivers’ Class Action Raises Worker Classification, Arbitration, Liability Issues
Fifty seven and a half cents for every mile logged. That’s the latest demand from Uber Technologies Inc. drivers in California suing to be treated like employees. Whether the drivers can pursue pay for mileage on their own vehicles going back …
Judge Allows NFL Player’s Fraud Claims Against BofA to Proceed
National Football League player Dwight Freeney can proceed with his lawsuit alleging that Bank of America Corp. was complicit in a fraud scheme that caused him to lose more than $20 million and forced his Rolling Stone restaurant to close. …
Worley Claims Services Acquires North Carolina-Based RJMW
Worley Claims Services, an insurance claims servicer in the United States, has acquired RJMW Claims Services, Inc., a provider of daily and catastrophe residential and commercial property claims services based in Charlotte, North Carolina. Financial terms of the transaction were …
Alabama Supreme Court Upholds $15M Verdict in Dram Shop Act Lawsuit
The Alabama Supreme Court has upheld a $15 million verdict over a wreck that killed a 13-year-old boy. Al.com reports the court didn’t issue an opinion explaining its decision when it was issued Nov. 20. The verdict was returned in …
Florida City Votes to Allow Medical Marijuana Dispensaries
Gainesville, Fla., has moved a step closer to allowing medical marijuana dispensaries to set up shop in the city. City commissioners on Nov. 5 voted to change the city’s land development code to allow dispensaries in certain areas zoned for …
Weather-Related Disasters Occurred Almost Daily in Past Decade: U.N. Report
Weather related disasters such as floods and heatwaves have occurred almost daily in the past decade, almost twice as often as two decades ago, with Asia being the hardest hit region, a U.N. report said on Monday. While the report …
78 Major Firms Urge Governments to Use Carbon Pricing to Curb Global Warming
Leaders of 78 major companies urged governments on Monday to include the pricing of carbon emissions as part of policies to curb global warming, as world leaders prepare for a summit on climate change in Paris next week. Chief executives of the companies, …
Allianz Aims to Increase Premiums by $6.9 Billion Annually
Allianz SE, Europe’s largest insurer, aims to generate an additional 6.5 billion euros ($6.9 billion) in annual premiums as the company focuses on its most profitable businesses. The insurer wants to achieve annual earnings per share growth of 5 percent …
ACE Appoints Leadership Team for Chubb Group’s European Division
ACE Ltd. announced members of the leadership team it intends to appoint for the European Group of the new Chubb Group’s Overseas General Insurance division, which includes Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Gibraltar, Hungary, Ireland, Italy, Netherlands, …
ACE Appoints Leadership Team for Chubb’s Far East Region
ACE Ltd. announced the leadership team it intends to appoint for the Far East region of the new Chubb Group’s Overseas General Insurance division, which includes Japan. The leadership appointments will take effect upon completion of the acquisition of Chubb, …