Monthly Archives: <span>November 2020</span>

Time to Riot? Wrong Comment Can Reignite Firestorm, Experts Say

The boarded-up windows in shopping districts throughout the United States represent a reasonable assessment of risk in a nation that has already experienced historic damages from civil unrest and appears poised to erupt into violence again, executives for Verisk’s Property …

Apple Must Face Shareholder Lawsuit Over CEO Cook’s China Sales Comments

Apple Inc has been ordered to face a proposed class-action lawsuit by shareholders who accused Chief Executive Tim Cook of concealing falling demand for iPhones in China, resulting in billions of dollars of investor losses. In a decision on Wednesday, …

Uber, Gig Economy Companies See California Win as National Model

Gig economy companies want to turn California voters’ decision to make ride-service drivers contractors into a model for the nation, as several states consider requiring drivers from Uber, Lyft and rival services be treated as employees with higher compensation. Voters …

Lloyd’s of London Ditches Plan to Create its Own Electronic Exchanges

LONDON — Lloyd’s of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting process and cut costs, the commercial insurance market said on Thursday. Lloyd’s …

Quake Toll Rises To 116 in Turkey; Rescuers Finish Searches

ANKARA, Turkey — The death toll in last week’s Aegean Sea earthquake rose to 116 on Wednesday as rescuers in the Turkish city of Izmir finished searching buildings that collapsed in the quake. All but two of the victims were …

Eta Lashes Nicaragua With Rains, Deadly Mudslides

MANAGUA, Nicaragua — Tropical Storm Eta spun through northern Nicaragua Wednesday after lashing the country’s Caribbean coast for much of the past day, its floodwaters isolating already remote communities and setting off deadly landslides that killed at least three people. …

Where Are Our Self-Driving Cars? Infrastructure, Liability, Safety Concerns Remain

Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying, “It may do the wrong thing at the worst time, so you must always keep your hands on the wheel …

Retail Therapy, Last Pints: England Readies for New Lockdown

LONDON — Last-minute shoppers in England were out in force Wednesday and thirsty drinkers planned their final freshly poured pints in a pub for the next month as Britain prepared to join large swathes of Europe in a coronavirus lockdown …

Insurer May Not ‘Contract Around’ Georgia Law on Sovereign Immunity Waivers

An insurer is liable for the full $5 million policy limit in a lawsuit filed against a city government whose police department was involved in a high-speed chase that ended in a collision that killed a grandmother and two of …

Threat of Crackdown on U.S. Insurers Fades as Political ‘Blue Wave’ Sputters

NEW YORK — Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to materialize on Wednesday, said industry executives. …