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UK Household Insurers, Banks Face Action for Overcharging Customers
Providers in the U.K.’s markets for cash savings, mortgages, insurance, mobile phone contracts and broadband are burdening customers with a “loyalty penalty” of around 4 billion pounds ($4.4 billion) a year, the Competition and Markets Authority said. Vulnerable people, including …

POSTED DECEMBER 19, 2018 10:14 AM
German Firms Warned About Rising Threat from Chinese Hackers: Report
Germany’s Office for Information Security (BSI) has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity against German firms had increased. Cyber experts have long …

POSTED DECEMBER 19, 2018 9:58 AM
RenaissanceRe, Pension Fund Manager PGGM Launch Property-Catastrophe Reinsurer
RenaissanceRe Holdings Ltd. and Dutch pension fund manager PGGM announced they have launched Vermeer Reinsurance Ltd. to provide capacity focused on risk remote layers in the U.S. property catastrophe market. PGGM is a leading Dutch pension fund service provider with …

POSTED DECEMBER 19, 2018 9:42 AM
More Global Companies Offer 4-Day Work Week as Stress, Burnout Levels Rise
Work four days a week, but get paid for five? It sounds too good to be true, but companies around the world that have cut their work week have found that it leads to higher productivity, more motivated staff and …

POSTED DECEMBER 19, 2018 9:03 AM
North Carolina Construction Company Fined $20K Over Worker Death
A construction company whose employee died after falling out of an elevator has been cited for safety violations. WBTV-TV reports that the North Carolina Department of Labor announced that Gilbane Building Company is required to pay $20,300 in fines in …

POSTED DECEMBER 19, 2018 6:06 AM
U.S. Safety Agency Streamlines Autonomous Vehicle Approvals
The U.S. auto safety regulator said on Tuesday it is speeding up the process for reviewing whether automakers can deploy self-driving vehicles without devices such as brakes and steering wheels. Automakers must currently meet nearly 75 auto safety standards, many …

POSTED DECEMBER 19, 2018 6:00 AM
Williams-Sonoma Lawsuit Claims Amazon Infringes Furniture Patent, Trademark
Williams-Sonoma Inc. sued Inc. in a case that challenges the online retailer’s private label push that started with batteries, baby wipes and phone chargers and has expanded to include clothing, toys and high-end furniture. Amazon’s “Rivet” line includes products …

POSTED DECEMBER 19, 2018 6:00 AM
Larger Houses Replace Smaller When Rebuilding After Hurricanes
A study of hurricane-hit areas of the United States has revealed a trend of larger homes being built to replace smaller ones in the years following a storm. The research, led by the University of Southampton (UK) and published in …

POSTED DECEMBER 19, 2018 6:00 AM
Gold Becomes First Female CEO of Insurors of Tennessee
Insurors of Tennessee named Ashley Gold as CEO of the organization, effective Jan. 1, 2019. Gold currently serves as general counsel for the trade association – which represents independent insurance agents in the state – a position she has held …

POSTED DECEMBER 19, 2018 5:40 AM
Bus Crash in North Carolina Injures 13 Middle School Students
A North Carolina school bus overturned after it was hit by a car on Monday, sending 13 middle school students to the hospital. Twelve of the students had minor injuries in the crash in Alexander County, while one was in …

POSTED DECEMBER 19, 2018 5:10 AM

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