A proxy battle is shaping up at Argo Group International Holdings, the Bermuda-based specialty insurer with a presence in San Antonio. In a letter to Argo shareholders today, San Francisco investment adviser Voce Capital Management ripped Argo boss Mark E. Watson III for what it said is the company’s “spendthrift culture” that “misdirects” corporate assets to support his “lifestyle and hobbies” at shareholders’ expense. Voce described Watson as an “imperial CEO” whose “hobbies, pet projects and the cult of personality he apparently wishes to create for himself have commandeered and corrupted Argo’s priorities.” Argo’s corporate identity and sponsorship dollars are all directed at activities that Watson has a passion for, including sailing, car racing and expensive art collecting. “Exotic race cars and yachts have nothing to do with the rather humdrum business of selling insurance to small and … [Read more...] about Insurer Argo Group, with San Antonio office, ripped by investor for ‘spendthrift culture’
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Vietnam’s tourism and people in general suffered shocking news at the end of 2018 as a roadside bomb detonated near a bus as it crossed Al-Haram district, close to the well-known pyramids in Giza. The explosion killed three Vietnamese people and their Egyptian guide, while another 12 inflicted severe injuries. Shortly after the incident, Saigontourist Travel Service Company, the agency operating the Egypt tour, immediately worked with Bao Viet Insurance Corporation on the insurance benefits of the tourists. As announced by Bao Viet, those killed in the bomb attack will receive the maximum life insurance coverage amount of VND2.4 billion ($104,350), while the company will also support expenditure to complete procedures to take the bodies of the three victims home and organise funeral services. For the injured people receiving treatment in the North African country, the company will continue working with Egyptian hospitals to return them home as soon as possible. Each will be … [Read more...] about Travel insurance – the globetrotters’ amulet
Joe Cortez, NerdWallet Published 2:15 pm CST, Wednesday, January 2, 2019 This article was first published on NerdWallet.com. When major winter storms pass overhead, it usually means trouble for travelers. Airlines can be forced to cancel thousands of flights that affect travelers throughout the country, hotels may abruptly sell out, and cruise ships have to change departure times to get to safe waters. The good news in the midst of bad weather is that many travelers have some protection from the moment they purchase their trips. Many travel credit cards offer insurance benefits to cover weather-related incidents, including trip cancellation and trip delays. But that insurance won’t necessarily cover every situation in which you have to cancel or change plans due to winter weather. Experts suggest considering purchasing additional travel insurance to cover the gaps left by a credit card on long trips, trips where medical insurance is required, or trips that cost … [Read more...] about Will Travel Insurance Cover Winter Weather Woes?
Thanksgiving is over, but Sprouts Farmers Markets did its part to make the holiday easy on the kitchen-averse, delivering prepared meals to customers in select zip codes across the country, including in Denver. Holiday shopping has never been easier for Amazon Prime members in Denver. The e-commerce giant, now with several metro-area distribution facilities, launched free same-day delivery for local subscribers last month. Welcome to the wide world of home delivery, where it seems every sort of product and increasing number of services are just a click or phone call from your door. It is not a new concept. The Sears, Roebuck and Co.’s mail-order catalog debuted in 1893. But thanks to the internet, smart phones and changing consumer needs and preferences, more and more companies — heck, entire industries — are creating new delivery models that bring what they do directly to customers’ homes. It’s not just the Amazons of the world taking to the … [Read more...] about In the wide world of home delivery, Denver has attracted quite a variety of companies offering all sorts of things
Sections SEARCH Skip to content Skip to site index Travel Subscribe Log In Log In Today’s Paper Travel | What Travelers Need to Know About the Paris Riots Supported by As violent protests have broken out in France, visitors are advised to check public transportation and police websites for updates, and U.S. citizens should consider registering with the State Department’s S.T.E.P. program. ByElaine Glusac Dec. 3, 2018 Incited by an impending rise in therioting, looting and setting cars on fire for the past three Saturdays. Here’s what travelers to Paris can expect as a result of the turmoil, and some resources for travel advice and protection. What areas have been affected? Yellow Vest protests have occurred around the country, but have been concentrated in Paris, mostly on Saturdays. Though protest areas may shift, they have focused on the Champs-Élysées, the Élysée Palace and … [Read more...] about What Travelers Need to Know About the Paris Riots