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22
06, 2015
New York Lawmakers Approve Tougher Regulation of Nail Salons
New York lawmakers on June 19 approved tougher regulation of nail salons, intended to help protect some 40,000 workers — many of them female immigrants — from getting shorted on pay and otherwise mistreated. The Assembly’s unanimous vote, following Senate …
The article New York Lawmakers Approve Tougher Regulation of Nail Salons appeared first on Insurance Journal.
19
06, 2015
QBE Europe to Grow Middle East Casualty Business; Parfitt Appointed
QBE European Operations has announced plans to grow its casualty business in the MENA region. Laetitia Parfitt joined the team in Dubai this week as senior casualty underwriter. Parfitt will be responsible for developing QBE’s casualty portfolio in the region …
The article QBE Europe to Grow Middle East Casualty Business; Parfitt Appointed appeared first on Insurance Journal.
23
06, 2015
Canada Lays New Charges Against Railway in Lac-Megantic Derailment
The Canadian government has hit Montreal, Maine & Atlantic Railway Ltd. with fresh charges over a 2013 derailment that killed 47 people. The charges were laid Monday against the company and its president, Robert Grindrod, according to Zach Segal, a …
The article Canada Lays New Charges Against Railway in Lac-Megantic Derailment appeared first on Insurance Journal.
19
06, 2015
How Ruling That Drivers Are Employees Upends Uber Business Model
f you’re a freelance writer who occasionally sells articles to a website, are you actually an employee? If you live in California, I think the answer might be — yes? The California Labor commissioner has ruled that Uber drivers are employees, not …
The article How Ruling That Drivers Are Employees Upends Uber Business Model appeared first on Insurance Journal.
18
06, 2015
High-Net Worth Insurer PURE Group Recapitalizes with Stone Point Capital, KKR
Privilege Underwriters Inc., the holding company for the PURE Group of Insurance Companies, including the member-owned Privilege Underwriters Reciprocal Exchange (PURE), said it is recapitalizing with equity investments from funds managed by private equity firm Stone Point Capital, investment firm …
The article High-Net Worth Insurer PURE Group Recapitalizes with Stone Point Capital, KKR appeared first on Insurance Journal.
22
06, 2015
WCRI: Georgia Workers Comp Indemnity Benefits Key Cost Contributor
Indemnity benefits per claim with more than seven days of lost time in Georgia were among the highest of the 17 study states and the main contributor to the higher total costs per claim in the state, according to a …
The article WCRI: Georgia Workers Comp Indemnity Benefits Key Cost Contributor appeared first on Insurance Journal.
19
06, 2015
Swiss Re to Expand Infrastructure Investments: Chief Investment Officer
Swiss Re AG Chief Investment Officer Guido Fuerer said the world’s second-biggest reinsurer would invest as much as 5 percent of its funds in infrastructure if securities used to fund projects were more easily tradeable. “The fact that we have invested …
The article Swiss Re to Expand Infrastructure Investments: Chief Investment Officer appeared first on Insurance Journal.
19
06, 2015
World Cup Insurers Face Many Claims, Disputes Over Russia, Qatar
World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said. Russia and Qatar could be stripped of their World …
The article World Cup Insurers Face Many Claims, Disputes Over Russia, Qatar appeared first on Insurance Journal.
19
06, 2015
Miami Home Health Company Settles Medicare Fraud Scam for $17M
A Miami home health company has agreed to pay $17 million for allegedly paying doctors to refer Medicare patients. Department of Justice officials said the settlement with Hebrew Homes Health Network Inc. is the largest involving alleged violations of the …
The article Miami Home Health Company Settles Medicare Fraud Scam for $17M appeared first on Insurance Journal.
19
06, 2015
Greenberg Wins Delay as Reinsurance Suit Sent to New York’s Top Court Again
A decade-old lawsuit in which New York accused former American International Group Inc. Chief Executive Maurice “Hank” Greenberg of accounting fraud will head to the state’s highest court for a second time, likely delaying for several months a trial that …
The article Greenberg Wins Delay as Reinsurance Suit Sent to New York’s Top Court Again appeared first on Insurance Journal.