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07, 2016
Malaysian Sovereign Fund Weighs Bid for Insurance Unit of Hong Leong Financial
Khazanah Nasional Bhd., the $27 billion Malaysian sovereign fund, is weighing a bid for control of the insurance operations of billionaire Quek Leng Chan’s Hong Leong Financial Group Bhd., people with knowledge of the matter said. Khazanah is considering an …
19
07, 2016
Drivers Take Uber to UK Tribunal in Test Case that Could Threaten Business Model
Two drivers took Uber to a British employment tribunal on Tuesday, arguing that the ride service is acting unlawfully by not offering rights such as holiday and sick pay, in a test case that could force the app to change …
19
07, 2016
BHSI Names Kremer as Head of Claims, Northern Europe
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has expanded its Northern European operations, appointing Ulrich Kremer as senior vice president, Claims, Northern Europe. Ulrich joins BHSI with nearly 16 years of experience as a lawyer and in the insurance …
19
07, 2016
States to Sue VW Over Diesel Scandal
New York and Maryland are among several states planning to sue Volkswagen AG over the environmental damage done by devices that were designed by the carmaker to cheat on pollution-control tests. Maryland Attorney General Brian Frosh said Monday in a …
19
07, 2016
Republican Platform Under Trump: Reinstate Glass-Steagall, Go Slow on Trade Pacts
Republican National Convention delegates approved a platform Monday that calls for reinstating the Glass-Steagall Act and scaling back the Dodd-Frank financial overhaul, calling it the Democrats’ “legislative Godzilla.” The Glass-Steagall measure puts presumptive presidential nominee Donald Trump and his party in the company …
19
07, 2016
Integro Names Ro as New York Operations Leader
International broker and risk management firm Integro Insurance Brokers today announced the appointment of Esther Ro as New York operations leader. She succeeds Anne Anderson, who has taken on the role of North America Client Stewardship leader. Ro joined Integro …
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07, 2016
AIR Worldwide Launches Global Resilience Practice with Kaniewski as Leader
Catastrophe modeling firm AIR Worldwide (AIR) has formed a global resilience practice, which aims to support risk reduction and resilience initiatives across the globe. These initiatives are aimed at developing solutions to aid society’s efforts to better prepare for and …
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07, 2016
XL Catlin Opens Unit in Africa to Write Facultative and Treaty Reinsurance
XL Catlin has established a new Reinsurance Unit focused on providing facultative and treaty reinsurance across Africa. Leading the team is Alex St James who has been appointed as head of Africa for XL Catlin’s Reinsurance operations. Additionally, XL Catlin …
19
07, 2016
Idaho University Denies Discriminating Against Mormon Player
Idaho State University’s former assistant tennis coach and the university have denied allegations made in a lawsuit in which a former tennis player says he was discriminated against because of his Mormon faith. The Post Register reported that former coach …
19
07, 2016
Southern Colorado Wildfire Now 30 Percent Contained
Firefighters are letting areas of a wildfire burn near Coaldale in southern Colorado because it is too dangerous to get into some wilderness areas, but they have managed to protect homes and contain 30 percent of the blaze as of …