National News

Berkley to Offer Per Project Primary Limits for Design Firms

Berkley Design Professional (Berkley DP), a division of Berkley Alliance Managers, a Berkley Company, has enhanced its coverage for the architects & engineers professional liability segment with a new “Per Project Primary Limits” coverage for design firm customers. This new …

FTC, Congress, States Investigating Equifax Over Data Breach

The U.S. Federal Trade Commission and a powerful Congressional committee are investigating the data breach at Equifax Inc., deepening government scrutiny of the cyber attack that may have compromised the privacy of 143 million U.S. consumers. The probes by the …

Google Faces Lawsuit Alleging Employment Bias Against Women

Three female former employees of Alphabet Inc.’s Google filed a lawsuit on Thursday accusing the tech company of discriminating against women in pay and promotions. The proposed class action lawsuit, filed in California state court in San Francisco, comes as …

Obama Coal Ash Waste Regulation Getting New Look by Trump EPA

The U.S. Environmental Protection Agency on Thursday said it will reconsider a rule regulating coal ash waste from power plants in a win for utility industry groups that petitioned for changes. The EPA, the lead environmental regulator in the United …

Driverless Vehicle Makers Get to Steer Own Safety Oversight

The U.S. Transportation Department unveiled a new policy that permits companies developing autonomous vehicles to self-police the technology’s safety, a move that drew plaudits from automakers but criticism from safety advocates. Transportation Secretary Elaine Chao said the policy incorporates concerns …

Judge Allows Ex-AIG Leader Greenberg’s Defamation Claim Against Ex-AG Spitzer

Maurice “Hank” Greenberg, former chief executive of American International Group Inc., may pursue large parts of his defamation lawsuit against former New York Attorney General Eliot Spitzer, a New York state appeals court ruled. Wednesday’s decision by the Appellate Division …

Green Cat Bonds Aren’t a Thing – Yet

Green cat bonds. That slinky phrase is one that Greg Lowe, global head of resilience and sustainability for Aon, would enjoy hearing uttered frequently in the near future. Lowe has been talking with an increasing number of people in the …

Small Businesses Can Manage, Cancel Own Policies with Next Insurance Portal

Digital small business insurance provider Next Insurance has unveiled a new online portal giving small businesses more control over their insurance policies. The portal offers what Next says are several unique insurance services, including the option to cancel a policy …

Allianz Specialty Goes Live with ‘Insurtech’ for Small Business Brokers, Policyholders

Borrowing ideas from some insurtech startups, Allianz Global Corporate & Specialty has a new platform for brokers and their Main Street customers “from barber shops to bakeries and toy stores to tailor.” The site, AllianzGo, promises U.S. brokers and policyholders …

Some Banks Already Follow Consumer Bureau’s Softer Arbitration Policy

Senator Elizabeth Warren, who opposes efforts to dismantle a new rule allowing customers to sue financial companies in class actions, released letters on Tuesday from U.S. bank CEOs in which they declined to defend lobbying against the measure and several …

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