National News

U.S. Safety Rules Key to Driverless Car Future: Google

Alphabet Inc.’s Google unit told U.S. auto safety regulators that the government’s interpretation of motor vehicle safety rules is “extremely important” to its further development of fully self-driving cars. In a Nov. 12 letter to the U.S. National Highway Traffic …

Markel Reports $197M Q4 Net Income

Markel Corp. reported $197.9 million in net income to shareholders for the 2015 fourth quarter, up from $117.6 million during the same period in 2014. For the full-year 2015, the Richmond, Virginia-based specialty insurer posted $582.8 million in net income …

QBE North America Names Kearns to Lead Financial Institutions Practice

QBE North America announced that Dennis Kearns, senior vice president, underwriting leader, will assume leadership of its Financial Institutions practice in addition to his existing role leading the Transactional Liability practice. He is based in QBE North America’s New York …

2,000 Agents Can’t be Wrong: They’re About to Tell Us What They Want from Carriers

Channel Harvest Research, in partnership with Insurance Journal, recently launched its 2016 national survey of independent agents’ attitudes about their carrier partners. This is the ninth annual study on key elements of the property/casualty agent-carrier relationship. Agents and brokers have …

La Nina Likely Waiting in Wings to Follow El Nino: U.S. Climate Center

A U.S. government weather forecaster on Thursday said the El Nino weather phenomenon under way was likely to dissipate by the Northern Hemisphere’s late spring or early summer and possibly transition to La Nina conditions later this year. The National …

How Supreme Court Could Upend Obama Clean Power Plan

The U.S. Supreme Court’s unexpected move to block President Barack Obama’s policy to cut pollution from coal plants highlights what both sides in the legal fight agree is a key weakness in the rules — a provision that expands the …

1 in 5 Vehicles Needs Recall Repair: Carfax

Nearly one in five vehicles on U.S. roads is in need of repair of a safety issue serious enough to be involved in a federal government recall, according to used-car history provider Carfax. There are more than 47 million cars …

Kemper P/C Group Executive Lynch Exits

Kemper Corp.’s Denise I. Lynch is leaving her position as Property/Casualty group executive, effective immediately, to pursue other opportunities, the insurer said. The news comes after Kemper reported its P/C segment had a $5.1 million  operating loss in the fourth …

Judge Challenges Regulators’ Lawyer Over MetLife SIFI Tag

A U.S. lawyer defending the government’s decision to designate MetLife Inc. a threat to the American economy if it were to falter was questioned sharply by a federal judge who was asked by the company to remove the label. The …

Registered Drones Now Outnumber Planes

The Federal Aviation Administration says there are now more registered drone operators in the U.S. than there are registered manned aircraft. FAA Administrator Michael Huerta told a legal forum that the agency passed the milestone last week when it topped …

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