National News for July 2017
- At-Home Medication Errors Leading to Serious Medical Outcomes on the Rise
 - Investments, Specialty Business Counter Weather Losses, Reinsurance in Q2 for W.R. Berkley
 - Wells Fargo’s Latest Scandal: Selling Customers Auto Insurance They Didn’t Need
 - At Labor’s Urging, House Bill to Speed Self-Driving Vehicles Exempts Trucks
 - New Side ‘A’ D&O Policy Available from Starr Companies
 - Insurers Await Trump Decision on Health Insurance Cost Subsidies
 - Senators Question If Trump Adviser, AIG Investor Icahn Plays Role in ‘Too Big to Fail’
 - Senate Republicans Fail in Bid to Repeal Obamacare
 - Wells Fargo Insurance Accuses Failed Bidder Alliant of Poaching Executives
 - Viewpoint: Employers Rejecting Marijuana Users Will Pay a Price
 - From Here to Autonomy: Morality and Retirement Timeline for Auto Insurance Pros
 - Federal Class Action Securities Fraud Filings Set Historic Pace
 - AmWINS Launches Site Pollution Liability Program for Small Auto Servicing Firms
 - Report: Climate Change May Pose Threat to Nation’s Electric Grid
 - Marsh & McLennan Reports Q2 Revenue Growth
 - Senate Republicans Eye ‘Skinny’ Repeal of Obamacare
 - Zurich North America’s Cunningham Adds Captive Unit Responsibilities
 - XL Catlin Enhances Cyber & Technology Coverage
 - SEC Commissioner Blasts Labor Department’s Fiduciary Rule
 - Investors in Giant Rabbit That Died Inflight Sue United Airlines
 - Trump Labor Department Moves to Undo Obama Overtime Rule
 - U.S. Transportation Safety Board Calls for More Traffic Cameras
 - ProSight Specialty Launches All-lines Marine Contractors Insurance Program
 - Chubb Net Income Up 79% in Q2; P/C Combined Ratio at 88
 - Markel to Acquire State National for $919 Million
 - Lau Joins Kemper as Chief Data and Analytics Officer
 - Republican-Led House Votes to Block Rule Allowing Consumer Class Actions
 - Surplus Lines Insurance Premium Up Nationwide
 - Jury Orders Punitive, but No Compensatory, Damages in AbbVie Drug Liability Test Trial
 - Senate Begins Debate, Kills McConnell Health Bill, Schedules ‘Vote-a-Rama’
 - NAPSLO, AAMGA Members OK Merger; New Wholesale & Specialty Association Is Born
 - Meadowbrook Promotes Browning to Chief Underwriting Officer
 - Senators, Including Ailing McCain, Expected to Begin Vote on Health Bill Today
 - Progressive Unveils Online Homeowners Insurance Comparison Shopper
 - U.S. Building Owners Reviewing Structural Materials After London Tower Blaze
 - MetLife’s ‘Too Big to Fail’ Lawsuit on Agenda for U.S. Regulators
 - FDA Chief Gottlieb Eyes Overhaul of Opioid Regulation
 - Answer Financial Expands Insurance Comparison Site Into Homeowners Segment
 - Q2 Insurtech Funding Rises to $1B: Willis Towers Watson/CB Insights Report
 - Brit Global Specialty Assumes Renewals for Legacy Catlin’s U.S. Yacht Business
 - Insurers Pummeled by Car Dealers’ Claims for Hail-Damaged Vehicles
 - Ride-Hail Firm Lyft Enters Race to Manufacture Autonomous Cars
 - Chipotle Keeps Getting Served Lawsuits by Customers, Investors
 - Deutsche Bank ($77M), JPMorgan ($71M) to Settle Libor Claims in U.S.
 - Super Regional Carriers Urged to Educate ‘Suspicious’ Regulators on Big Data Use
 - Exclusive: California Broker Plans Parametric Quake Product That Pays Even If No Damage
 - Chubb Launches Multi-line Practice for Large Transportation Clients
 - GOP Senate Health Bill Would Substantially Raise Deductibles, Number of Uninsureds: CBO
 - O.J. Simpson Faces $58 Million Wrongful Death Damages After Release from Jail
 - ‘Specialize and Diversify,’ Industry Veteran Markel Tells Super Regional Insurers
 - Fired OSHA Whistleblower Claims Investigator Turns Whistleblower
 - Travelers Says It’s ‘Where It Needs to Be’ to Compete; Q2 Results Dampened by Weather
 - Ban on Consumer Mandatory Arbitration Clauses Faces Challenges
 - Catastrophes Cost Insurers $22B in 1H 2017; Economic Losses Totaled $53B: Aon
 - Jury Clears GM of Liability in First Trial Over Updated Ignition Switch
 - Chubb Names Farrow Practice Leader for Life Sciences Industry in North America
 - Sullivan Brokers Enhances Healthcare Provider Program, Adds Cybersecurity Coverage
 - House Committee Advances Bill to Let Autonomous Vehicles Bypass States
 - Starr Buys Stake in Small Business Insurtech CoverWallet
 - Farmers Names Fernandez to Head Business Insurance; Kappler to Lead Bristol West
 - Ron Lockton Succeeds Spencer as CEO, President at Lockton Inc.
 - London MGA Nexus Acquires U.S.-Based Treaty MGA from ZON Re
 - Tillerson’s State Department Reorganization Sidelines Cybersecurity Unit: Report
 - Blind Americans Want to Participate in Future of Driverless Vehicles
 - Norman-Spencer Agency Adds Professional Liability Division
 - Senate GOP Fails with Obamacare Repeal Effort
 - Travelers Launches Usage-Based Insurance App for Personal Auto Customers
 - Novarica: Commercial Insurers Prioritizing Tech Advancements
 - Marsh Hires deLaricheliere to Lead U.S. Banking and Capital Markets Practice
 - Natural Disaster Claims Drop 40% to $19.5B in 1st Half of 2017: Munich Re
 - GOP Senate Leader Backs Repealing Obamacare Without Replacement
 - Automakers See Takata’s Bankruptcy As Liability Shield In Air Bag Claims
 - Titleist’s Fight Against Logo Parody: Infringement or Free Speech?
 - Guy Carpenter Names Hettinger to Lead U.S., Canada Advisory Services
 - Major Cyber Attack Could Cost Global Economy $53 Billion: Lloyd’s
 - Insurers Beat Other Industries on Shareholder Value – But Can It Last?
 - Trump Administration to Sign Insurance Regulation Pact with European Union
 - How Mapping Disasters Can Help Devastated Communities Rally
 - Adultery Site Ashley Madison to Pay $11.2 Million for User Data Breach
 - Starr Companies Enhances Crime & Fidelity Endorsement
 - Panel-Maker Arconic Sued in U.S. Over Losses Linked to London Tower Fire
 - Insurance Underwriters See Risks, Opportunities in Speeding Up Infrastructure Projects
 - Big ‘I’ Expands Symington’s Role to Include Industry Relations
 - Chubb Names New Leadership in Casualty Major Accounts for North America
 - FCC Expands Bandwith for Radar Used in Collision Avoidance Systems
 - Consumer Protection Bureau Vows to Defend Mandatory Arbitration Ban
 - Developing News: Case over Monkey’s Copyright Heads Back to Court
 - Everest Taps Farr to Lead Environmental Unit in North America; Adds McVay for Monoline
 - It’s Not True that Marijuana Dispensaries Increase Crime, Say Researchers
 - Hamilton’s Macia Returns to AIG to Head Tech-Driven Subsidiary
 - Esurance Co-Founder Wallace Joins Crowdsourced Insurer Reviewer Clearsurance
 - Update: GOP Senate Leaders Unveil Revised Health Insurance Bill
 - Silicon Valley Fund Has $120M to Spend on Transportation Tech Including Insurance
 - Nonstandard Auto Insurance Market Continues on Downward Path: A.M. Best
 - The Hartford Expands Management Liability Coverage to Nonprofits
 - Brandt Succeeds Evans as Trusted Choice Executive Director
 - States See Mixed Results from Reforms Targeting Physician-Dispensed Drugs: WCRI
 - XL’s Reynolds, Travelers’ Rea Join Hiscox USA Professional Risks Unit
 - Senators Discussing Bipartisan Health Insurance Bill
 - Agents Seek Better Grasp of Carriers’ Commercial Lines Underwriting Likes
 - Robo Advisers Gaining as Insurance Sales Agents: Chart
 - 3 Automakers Recalling 2.7 Million More Takata Air Bag Inflators
 - Individual Health Insurance Market Stabilizing, Not Collapsing: Kaiser
 - Soft Rates Begin to Hit Results – But Pain Continues at Mid-Year Renewals: Willis Re
 - Willis Towers Watson Announces New Leadership for North America Brokerage Unit
 - Insurers Say Legal Malpractice Claims Hold Steady But Defense Costs Rise
 - Silicon Valley Honors Munich Re US and Mozeika for Insurtech Leadership
 - Wells Fargo Nears $142 Million Consumer Settlement Over Fake Accounts
 - Banks Blast Rule Exposing Them to Consumer Class Actions
 - More Senior Citizens Working Past Retirement Age
 - Insurity Names Giglio CEO to Succeed Founder Glazer, Who Becomes Chairman
 - June Catastrophes Cost Global Economy $5 Billion; U.S. Storms Dominate: Aon
 - Deluges Follow Droughts as ‘Hydrological Extremes’ Become ‘New Normal’
 - Returning from Recess, Senate Republicans Worried Obamacare Repeal Will Fail
 - Burand’s State of P/C Insurance Industry Part 2: How to Pick Winners as More Carriers Consolidate or Waste Away
 - AmTrust Signs $400M Reinsurance Agreement with Premia
 - Days of Cyber Insurers Avoiding Costly Claims May Be Numbered: Expert
 - Republican Leader McConnell Hints at Bipartisan Action If Obamacare Repeal Fails
 - Munich Re US Launches Commercial Drone Operator Liability Endorsement
 - Truck Speeding Fix Among Safety Rules Halted by Trump Anti-Regulation Order
 - 5.4M U.S. Homes at Risk from Sea Level Rise, Report Using Census Data Shows
 - Startup Auto Insurer Root Expands by 2 States, Pairs with Lyft on Rental Coverage
 - Zurich North America Names Ironshore’s DeLong VP of Cyber Underwriting
 - Doyle Named to Succeed Departing Zaffino as CEO of Marsh
 - Fed Gives AIG, Pru More Time to Submit ‘Living Wills’
 - How Tesla’s Model S Fared in Insurance Safety Test
 - Failed Fyre Festival and a Lesson in Events Insurance
 - How Whirlpool Risk Manager Addresses Issues Before They Become Problems
 - Marsh CEO Zaffino Joins AIG as Global Chief Operating Officer
 - Liberty Mutual Prevails in $3.6M ‘Guaranteed Cost’ Workers’ Comp Premium Case
 - How Consumers Pay Their Insurance Bills: Aite Group
 - DeSimone Joins AXIS  to Lead Primary Casualty in Northeast, Midwest Regions
 - Investor Icahn Eases Demand to Split AIG, Giving New CEO Room to Act
 - Fearless Brokers on Disruption by Insurtech: ‘Bring It On’
 - Facebook Escapes U.S. Privacy Lawsuit Over User Tracking
 
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