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Uber Drivers Want to Streamline Suit in California over Employee Status
Drivers suing Uber Technologies Inc. for better pay and benefits are proposing to pursue their group lawsuit in phases focused first on whether they qualify as employees. If they win that round, then the two sides can fight over how …
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Malaysia Says Maintenance Records Prove Wing Part is from Flight MH370
Malaysia said on Thursday that paint color and maintenance-record matches prove that a piece of wing found on the shore of the French Island of Reunion in the Indian Ocean was part of the wreckage of Malaysian Airlines flight MH370, …
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ISO Upgrades Sioux Falls, South Dakota Fire Protection Rating
Homeowners in South Dakota’s largest city might soon get a break on their insurance bills. The Insurance Services Office that scores about 48,000 fire departments nationwide is upgrading Sioux Falls’ public protection grade to the second-best mark that a fire …
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UPDATE: from AIR: Typhoon Soudelor Nears Taiwan as Season’s Strongest
According to catastrophe modeling firm AIR Worldwide, Typhoon Soudelor is “the strongest tropical cyclone anywhere on earth thus far in 2015 based upon estimated wind speed.” The storm is continuing on its path for a direct hit on Taiwan AIR …
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6 Sentenced in Large Cellphone Insurance Scam in California
Six people involved in a mobile phone insurance scam in California have been sentenced on felony fraud charges after filing more than 1,300 claims for stolen and damaged phones totaling more than $500,000. The convicted scammers, including some Verizon Wireless …
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Munich Re Q2 Net Income Rises to $1.14 Billion on Lower Catastrophe Claims
Munich Re, the world’s biggest reinsurer, raised its full-year profit target after net income beat analyst estimates on lower catastrophe claims. The shares rose. Net income rose to 1.07 billion euros [$1.14 billion] in the second quarter from 758 million …
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Deadline for Applying to Texas Windstorm Insurance Board Nears
The Texas Department of Insurance is accepting applications for the Texas Windstorm Insurance Association board of directors after the makeup of the board was changed by the 84th Legislature. The deadline for applications is August 15. Under Senate Bill 900, …
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Zurich Q2 Net Income Falls to $840M From $848M; CEO Weighs RSA Offer
Zurich Insurance Group AG, the Swiss firm considering a bid for the U.K.’s RSA Insurance Group plc, reported profit that missed analysts estimates as earnings dropped 43 percent at the general insurance unit and it made a loss on unit-linked investments. Net income in …
The article Zurich Q2 Net Income Falls to $840M From $848M; CEO Weighs RSA Offer appeared first on Insurance Journal.
Louisiana to Host Post-Katrina/Rita Insurance Market Summit
The Louisiana Department of Insurance is hosting an event to discuss the property/casualty insurance market as the state marks the 10 years that have passed since Hurricanes Katrina and Rita caused more than $28 billion in insurance losses in Louisiana. …
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Payroll Firm ADP to Compete with Brokers in Offering Health Exchange
Automatic Data Processing Inc., the payroll- processing giant, will offer companies a new way for their employees to select health benefits, challenging firms like Towers Watson & Co. and Marsh & McLennan Cos. ADP is introducing an online service known …
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