National News

Virgin Galactic Spaceship Crashes; Co-Pilot Reported Dead

A spacecraft for Richard Branson’s Virgin Galactic Ltd. tourism operator crashed during a test flight in California’s Mojave Desert, killing the co-pilot and injuring the pilot. The pilot ejected and suffered “moderate to major injuries,” Kern County Sheriff’s spokesman Ray …

A Guide to Homeowners’ Liability for Injury to Trick or Treaters

Halloween pranks. Google this phrase and more than 5 million results link you to a myriad of ways to “mess with peoples’ minds” on Halloween. Some of the recommended pranks require a higher education to understand; some ideas are, well, …

Top 25 D&O Insurers Show Healthy Growth: SNL

Direct premiums written for the directors’ and officers’ liability insurance industry grew 7.35 percent year over year in the first half of 2014, rising to $2.91 billion, according to an SNL Financial analysis of monoline D&O policies. Growth in written …

Trends Support Positive Outlook for Homeowners Insurance: Aon Benfield

Emerging trends support a positive profit outlook for homeowners insurers, a leading broker believes.. Reinsurance broker Aon Benfield’s 2014 Homeowners ROE Outlook concludes that insurers’ prospective after-tax return-on-equity (ROE) for homeowners insurance is 7.9 percent on a countrywide average, up …

Uber Ridesharing Serving Kids and Their Busy Parents

As the oldest of three kids, Baily Deeter was often the last to be picked up from school by his mother. Then Uber Technologies Inc. came along. When Baily started ninth grade in August, his parents gave him an account …

Zombie Storms Cause Damage After Hurricanes

A hurricane may lose its name, its structure and even its place on National Hurricane Center tracking maps. None of that is a guarantee the storm’s meteorological energy won’t keep making mischief. While still dangerous storm remnants—let’s call them zombie …

The Hartford Offers Safety Rewards, Discounts for Commercial Auto

The Hartford is offering small and midsize businesses the opportunity to receive commercial auto insurance premium discounts and rewards for safety. The company has also expanded its quoting system for agents and brokers to include small commercial auto coverage. The …

Regulator Takes Focus on Climate Change Preparedness

With a calm demeanor and in a somewhat scientific tone he doesn’t mind using while explaining his stance on something, Mike Kreidler stood by his decision to call out the insurance industry and the rest of the nation’s insurance commissioners …

EEOC Challenges Employee Wellness Penalties in Suit Against Honeywell

The U.S. Equal Employment Opportunity Commission has sued Honeywell International Inc. to stop the company from imposing penalties on employees who refuse to undergo testing under its corporate wellness program. The lawsuit is the third case since August filed by …

Commercial Rocket Explosion Draws Attention to Space Industry Risk, Oversight

A NASA advisory panel said earlier this year that inadequate funding jeopardized the safety of commercial space cargo shipments, such as the unmanned Orbital Sciences Corp. mission that exploded this week over Virginia. In its annual report released in January, …

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