Beazley to grow specialty lines as rating vigour continues

Andrew Horton, CEO Beazley (Reuters) – Lloyd’s of London insurer Beazley P.L.C. will concentration on flourishing a specialty word business as other lines of business face downward pricing pressure, a firm’s arch executive pronounced on Friday. Fierce foe has resulted in word rates possibly stagnating or descending over a past …

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Rats! Chipotle woes continue

New characters were introduced this week in Chipotle Mexican Grill Inc.’s tale of food safety. Rats fell from a roof during a Dallas location, according to media reports.  Dallas diners forsaken their burritos during lunch on Tuesday and picked adult their cellphone cameras to record rodents scurrying around a building …

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Wells Fargo systematic to return worker in whistleblower case

SHUTTERSTOCK.COM Wells Fargo Co. was systematic to return a former bend manager who was dismissed after she reported potentially fake control by private bankers she supervised. The U.S. Department of Labor systematic a employee, who worked in Wells Fargo’s Pomona, California, branch, backed with behind wages, indemnification and other fees …

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Travelers’ distinction falls on disaster losses

Travelers Cos. Inc. reported reduce second-quarter distinction Thursday as higher-than-average disaster waste strike a insurer’s results. Travelers reported 2017 second-quarter net income of $595 million, a 10% diminution from a same duration final year. Net created reward grew 5% to $7.18 billion. Travelers’ total ratio run-down to 96.7% in a …

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Office confidence drudge drowns in fountain

A 300-pound drudge used to unit an bureau building in Washington, D.C., tumbled into a H2O fountain Monday. The K5 machine, grown by a Silicon Valley startup Knightscope, was put to work during a Washington Harbour formidable in a Georgetown territory of a city when it tumbled down several petrify …

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