from a modeling perspective, you can assume that a significant portion of that adjusted EBITDA converts to cash. And that is of course, before considering the impacts of insurance. So, let me kind of talk about the dynamics that we're seeing this year and some of the dynamics that I men...
These Claims include, but are not limited to, any dispute, claim or controversy, whether based on past, present, or future events, arising out of or relating to: this Agreement and prior versions thereof (including the breach, termination, enforcement, interpretation or validity thereof), the ...
Uber to Pay $290M, Lyft $38M to Settle New York Wage Theft Claims November 2, 2023 Uber and Lyft will pay a combined $328 million to settle claims by New York’s attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits. Attorney General Letit...
Prevent, investigate and resolve incidents, accidents, and insurance claims; Prevent, investigate, and resolve theft, vandalism and misuse of the system; Encourage safe driving behavior and avoid unsafe activities; Find and prevent fraud; and
Jill Beggs who is the Head of North American and Global, especially Reinsurance for Everest Re brings an enormous amount of insurance expertise to the company, enormous amount. And so Erin said, we really like the sort of the mix. And yes, we'll be interested to see what the other guys...
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“We strongly reject any claim that Asda’s pay rates are discriminatory,” Asda said in an emailed statement. The company “will continue to defend these claims at the next stage of the litigation because retail and distribution are two different industry sectors that have their own market rate...
The company also apparently included tips in those figures.Such moves “overinflated the actual earnings achieved by most drivers by as much as 30%,” writes the FTC, which says the company now must base potential pay claims on what drivers typically make, instead. And those amounts can no...
Sources: New Constructs, LLC and company filings Lyft claims bike, scooters, and even public transportation as a part of its platform, but the most critical part of Figure 2 is autonomous vehicles in the far right corner. Self-driving cars are often presented as the silver bullet that will ...
The reason insurance companies charge a deductible is to discourage very small claims that would drive up administrative expenses. In exchange for having to pay a deductible in the event of a mishap, the policyholder gets a reduced premium (the amount you pay to get the coverage) depending on...