National News

Trump End Negotiations, Demands Vote on Republican Healthcare Bill

The Trump administration doubled down on its demand that House Republican leaders hold a vote Friday on their embattled healthcare bill without any changes and with lingering uncertainty about whether they have enough support to pass the measure. “After seven …

Congress Nullifies Obama Workplace Injury Reporting Rule

The U.S. Senate (50-48) joined the House (231-191) in passing a resolution blocking a federal workplace injury and accident reporting rule put in place by the Obama Administration last December. The Department of Labor rule issued by the Occupational Safety …

How Insurance Markets Could Be Affected If GOP Reduces Essential Benefits

Rules on what benefits health insurance plans must cover have become a major negotiating point as Republicans wrangle votes to repeal Obamacare, even though removing the regulations is likely to upset U.S. insurance markets. The requirements, called Essential Health Benefits, …

PwC Settles Negligence Claim Over MF Global Collapse

PricewaterhouseCoopers LLP has settled a $3 billion negligence lawsuit over the October 2011 collapse of MF Global Holdings Ltd, the futures and commodities brokerage once run by former New Jersey governor Jon Corzine. Terms were not disclosed, but the malpractice case was …

Argo Pro Enhances E&O Coverage for Professional Services Firms

Argo Pro, a member of Argo Group International Holdings, Ltd., has launched a new Argo PROtect line of products and enhanced errors & omissions (E&O) forms for four different classes of professional services. The following E&O PROtect forms are currently …

Academy of Insurance Director Surveys State of Learning

Patrick Wraight knew when he took over as director of Insurance Journal’s Academy of Insurance earlier this year that he would be making some changes but first he wanted to find out who is taking the Academy classes and why. …

White House, Republicans Weigh Benefits Changes to Health Care Bill

The White House is talking with House conservatives about last-minute changes to the embattled GOP health-care bill aimed at wooing enough holdouts to secure House passage. Lawmakers and Trump administration officials are discussing revisions to “essential benefits” requirements in Obamacare, …

Now There Is Business Income Insurance for Vendors Booted Off Amazon

Like many people who make their living selling stuff on Amazon.com Inc., Rob Griffin is terrified of getting kicked off the site. Two years ago the Atlanta resident was suspended for selling a banned health supplement and wound up living off …

Trump Labor Secretary Thinks Obama Overtime Rule Needs Review

President Donald Trump’s nominee for labor secretary expressed support for increasing the salary threshold at which overtime currently must be paid to employees, but criticized the doubling in the rate put in place by the Obama administration. During Alexander Acosta’s confirmation …

Chubb Introduces Online Workers’ Comp Policy System for Small Business Agents

Chubb has introduced a new online system for independent agents that will quote and issue a comprehensive workers’ compensation policy for small businesses. Chubb’s workers’ compensation policy for small business owners targets a range of industries, with coverage features such …

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