National News for May 2019
- Judge Restrains 3 Former Guy Carpenter Execs Who Moved to Lockton Global Re
- Facebook Must Turn Over Records on How Execs Handle Data Privacy, Judge Rules
- The Hartford Adds Cybersecurity Training to Cyber Offering for Businesses
- Lawyers Professional Liability Insurance Claims Grow in Severity, Complexity, Cost
- Flying Is Less Safe Than It Was But It’s Not All Boeing’s Fault
- Aon to Grow Partnership with CoverWallet for Small-Medium Business Market
- Congress Renews Flood Insurance Program Until June 14
- IBHS Chief Wright Urges Congress to Consider Tax Credits for Climate Resilience
- Unusual If Not Unprecedented: 500 Tornadoes in 30 Days
- Captive Insurers Grow Their Third-Party Business with Help from Digital Tools: Marsh
- Judge Dismisses Investors’ Claim Cboe Allowed Rigging of Stock Market ‘Fear Gauge’
- 8 Considerations for Buyers and Sellers of Insurance Agencies
- 7 U.S. Exchanges Face Investors’ Claims for Favoring High Frequency Traders
- Father Testifies in J&J Opioid Marketing Trial on Death of His College Football Star Son
- International Marine Underwriters Enhances Ocean Cargo Coverage
- Major Flooding on Rivers Increases 63% Over Last Five Days
- OSHA Calls for Review of Machine Safety Rule in Age of Robotics
- Early Cannabis Insurance Claims Experience Differs from Expectations
- Oklahoma Says J&J ‘Deceitful’ Marketing Fed Opioid Epidemic; J&J Denies Wrongdoing
- Increasing Physician Prices Doesn’t Produce Better Results for Injured Workers
- Cyber MGU At-Bay Launches Excess Policy for High Revenue Clients
- New York Reclaims Top Financial Center Title from London
- Title Insurer First American Says App Defect May Have Exposed Customer Data
- Carlson Named CEO for Wells Media Group
- MillerCoors Wins Partial Victory in Battle Against Bud Light’s Corn Syrup Ads
- U.S. Farmers Face Insurance, Aid Decisions as Persistent Rains Prevent Planting
- Glatfelter Updates, Expands Workers’ Compensation Product
- Teva to Pay Oklahoma $85 Million to Avoid Trial Over Opioid Marketing
- Opioid Litigation Tests Public Nuisance Claim Theory
- GOP Lawmaker Sidetracks Disaster Bill Including Flood Insurance Extension
- FAA ‘Very Encouraged’ by Talk with World’s Regulators on Grounded Boeing 737
- As Many as 8 Hurricanes Forecast for ‘Near Normal’ 2019 Hurricane Season
- Ransomware Attacks Skyrocketed in Q1: Beazley
- Auto Insurance Drives Personal Lines Improvement
- Managing Sexual Harassment Risk in the #MeToo Era
- Weinstein, Accusers Reach Tentative $44 Million Deal, Reports WSJ
- The Hanover Adds Watercraft Coverage to Personal Lines Product Suite
- Congress Agrees on $19 Billion Disaster Aid Bill with Flood Insurance Brief Extension
- EPA Begins Rewrite of Rules on Costs, Benefits of Environmental Regulations
- Growth in Construction, Freight Has Been Good News for Inland Marine Insurance
- ‘Phone Becomes Car’ as Ride-Hailing Services Promote Vehicle Sharing Over Ownership
- Parties Differ on Data Privacy Legislation Over Liability, Duty of Care
- EU’s Landmark Data Privacy Law, GDPR, Already Providing Global Standard
- Feinberg Named Mediator for Bayer Roundup Liability Settlement
- HSB Launches Cyber Insurance Endorsement for Farmers
- What Might Happen If Congress Fails to Renew Terrorism Reinsurance Program
- 25 New Sexual Harassment Complaints Brought Against McDonald’s
- Johnson & Johnson Hit with $25 Million Talc Verdict; Also Cleared by Another Jury
- Boeing Sued by French Widow in U.S. for $276 Million Over Ethiopian Crash
- Only 55% of AIG Shareholders OK $21 Million Compensation for CEO Duperreault
- Selective Insurance Launches Auto Recall Alert System
- Hiscox Enhances Security Incident Response Product for Businesses
- P/C Insurance Industry’s Net Underwriting Income Up 24% in Q1, Reports A.M. Best
- U.S. Post Office Testing Driverless Trucks Between 2 Cities
- Computerized Eyewear Looking for Success in Factories and Field
- Zurich North America Names Winters Head of U.S. Commercial Insurance Sales
- Supreme Court Sends Merck Warning Label Case Back to Lower Court
- Facing Complaints, McDonald’s Outlines New Anti-Harassment Policy
- Insurance Agency Tragedy: 3 Hilb Group Executives Die in Plane Crash
- Billionaire Paying Off College Students’ $40 Million Debt Has Ties to Insurance Industry
- Why Employers Should Stop Hiring Based on Work History
- WCD’s Spessard Joins Beazley to Head Expanded Environmental Claims Team
- Claims Insurtech Snapsheet Raises $29 Million to Expand Into All P/C Lines and Globally
- Airlines Urge Nations’ Regulators to Avoid Competing Safety Rules
- Retired Players in NFL Concussion Settlement Balk at Limits on ‘Doctor Shopping’
- MGM Sees $800 Million Las Vegas Shooting Settlement; $751 Million Covered by Insurance
- Facebook Reported Agreeing to 20-Year Pact on Privacy Oversight by Government
- Sompo Global Risks Forms Life Sciences Team Led by Ex-OneBeacon Exec Lauer
- Senators Urge Allies to Heed Trump’s Warning on China’s Huawei
- ‘Pooey Puitton’ Lawsuit Against Louis Vuitton Goes Nowhere
- Bayer’s Strategy on Roundup Litigation Rests on EPA Glyphosate Finding
- 5 More States Sue Purdue Over OxyContin Marketing
- Munich Re to Offer Coverage for Curv Digital Assets, Cryptocurrency
- California’s New Climate and Sustainability Chief in Talks with Insurers
- Hartford to Close on $2.1 Billion Acquisition of Navigators on May 23
- Commercial Insurance Prices Were Up 3% Globally, 1.1% in U.S. in Q1: Marsh
- A.M. Best Warns of Ratings Downgrades If Terror Reinsurance Act Not Renewed
- Musk Battles Defamation by Tweet Claim Brought by British Diver
- U.S. Blacklisting of China’s Huawei to Disrupt Global Technology Supply Chain
- U.S. Delays Review of Spectrum for Vehicles to Communicate
- Advisory Firms Urge ‘No’ Vote on AIG Execs’ Pay Packages
- Highland Insurance Solutions Launches Contractors Equipment Coverage
- HUB to Offer Risk, Compliance Services for Amateur Sports Industry
- Trump Readies Security Order Limiting Huawei, Other Foreign Telecoms
- $2 Billion Verdict Far From End of Roundup Litigation Challenges for Bayer
- U.S. to Consider Opening Unused Spectrum Band for ‘Talking’ Vehicles
- BPL Global Adds Marsh’s DeCarlo to Grow Credit, Political Risk Business in U.S.
- National Labor Board Memo Says Uber Drivers Are Contractors, Not Employees
- Why Less Data May Be More for Employers Using Wearables in Workplace
- Cyber Insurance Growth Slowed in Reaching $2 Billion in 2018, Says Fitch
- K2 Insurance Services Recapitalizes with Lee Equity; Will Spin Off Aegis Security
- Hannon Assumes CEO Role at ProSight as Beneducci Steps Aside to Become Chairman
- Supreme Court Apple Ruling May Increase Liability Exposure for Digital Platforms
- With Vehicle Brake Override Widely Adopted, U.S. Sees No Need for Requirement
- Pinto or Tylenol? What’s Boeing’s Strategy for Restoring Public, Pilot Trust in 737 Brand?
- California Jury Blames Roundup for Couple’s Cancer, Awards $2 Billion
- A.M. Best Ugrades Ratings of AmeriTrust Group Subsidiaries
- National Flood Services Names Insureon Solution’s Blust as New CEO
- Crash Victims’ Final Minutes Will Influence Financial Liability for Boeing, Insurers
- How Homes Are Being Built, Raised to Withstand Extreme Weather
- 44 States Sue Drug Maker Teva, Alleging Price Fixing Scheme with 19 Other Firms
- House-Passed Hurricane, Farm Disaster Aid Bill Includes Flood Insurance Extension
- Warning: Cyber Will Soon Cost Insurers More Than Natural Disasters
- Venture Insurance Programs Partners with Allianz on Golf, Country Club Accounts
- Marsh/JLT Suit Against Competitor NFP Alleges Poaching of 13 Employees
- Liberty Mutual Teams with MIT on Artificial Intelligence Research
- J&J Strikes Out in Bid to Transfer State Talcum Suits to Federal Court
- Waymo’s Autonomous Taxi Service Picks Up 1,000th Customer After 6 Months
- Insurtech Investments Break New Records in Q1
- Recent Airline Crashes Don’t Reflect Aviation Safety Record
- El Nino Seen Lingering Through August
- Cyber Security, Insurance Firm Coalition Raises $40 Million
- Plaintiffs’ Attorney Urges $1 Billion Damages Award in Roundup Trial
- Liberty Mutual Q1 Saw Better Underwriting Results, Strong Specialty Insurance
- Aon Names Demeusy U.S. Vice Chairman of Reinsurance Business
- U.S. to Require Drug Companies to Disclose List Prices in TV Ads
- Airports Told They Need FAA Approval to Install Drone Defense Measures
- Project Owl Wi-Fi Network for Natural Disaster Connections Wins IBM-Backed Contest
- Starr Adds SkyWatch Drone Insurance to Broker Platform
- Ryan Specialty Group to Acquire Wholesaler Atlantic Specialty Lines
- Progressive Rolls Out Small Business Insurance Comparison Quoting Platform
- J&J Pinnacle Hip Lawsuits Settlement Said to Cost $1 Billion
- Uber May Rethink Litigation Avoidance Plan as 60,000 Drivers File Arbitration Demands
- Flaws in Smart Home Devices May Mean False Sense of Security
- The Next Insurance Battleground: High-Value Customers
- GEICO Helps Boost Berkshire Hathaway’s Q1 Profit
- RLI Announces Bryant to Replace Retiring CFO Brown, Other Changes
- Going to Court Over Losses When Robot Is to Blame
- AIG Scores P/C Insurance Profit in Q1
- Federal Reserve Again Warns About Increase in High-Risk Company Debt
- Buffett Has Eyes on Competitor Progressive, Not Car Makers Entering Insurance
- AmWINS, The Flood Insurance Agency Launch Commercial Property Flood Product
- Boeing Says 737s’ Optional Data Display Alert Was Not Safety Risk
- U.S. P/C Commercial Lines Market ‘Best in Years,’ Says Chubb CEO Greenberg
- More States Could Settle Opioid Suits in Wake of West Virginia’s McKesson Deal
- Insurance Agency Management System Tech Firm Veruna Raises $6 Million
- FDA Says Risks Do Not Warrant Ban on Breast Implants at This Time
- Petroleum Industry Revises Standard for Reducing Workers’ Fatigue
- Sniffing Out Particles, Singling Out Pigs: Food Industry Urged to Embrace Robots, AI
- JLT Re’s Chandler Joins Reinsurance Broker BMS as U.S. Operations President
- Congressional Budget Office Warns of ‘Potentially Disruptive’ Move to ‘Medicare for All’
- Think Bold. Grow Your Human Capital: MarshBerry Commentary
- How Drone Use Becomes More Challenging When Deploying Fleets
- Starbucks Recalls 260,000 Coffee Presses Due to Injury Risk
- Microsoft Tools Ease Access to Blockchain, Artificial Intelligence for Businesses
- Puerto Rico Oversight Board Sues Banks, Bondholders in Bid to Recoup $1 Billion
- Jury Finds Insys Founder, Execs Guilty of Racketeering in Opioid Sales
- U.S. Eases Offshore Drilling Rules Adopted After Gulf Oil Spill
- House Passes Climate Now Act, But What’s The Next Step?
- Future Focused? Research Finds Agents Split on Succession
- Chubb’s Q1 Net Income Dips Slightly but Commercial Insurance Produces Gains
- Tesla Sued over Fatal Crash Allegedly Caused by Autopilot Malfunction
- Insurance Broking Veterans, Led by McGill, Form Specialty Broker, McGill & Partners
- Markel Subsidiary State National to Provide Fronting for Tesla’s New Insurance Venture
- Sue, Settle, Mediate, Litigate. RIMS Covers the Bases on Dispute Resolution
- Cybersecurity Costing Large Financial Firms $3,000 Per Employee: Survey
- Willis Towers Watson Launches Risk Advisory Service for CFOs, Risk Managers
- Boeing Aims to Move Lion Air Crash Lawsuit from Chicago HQ to Indonesia
- Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report
- Internet Privacy Bill Proving Struggle for Congress
- Risk Managers Reminded of Strategies for Coping with Disasters in Their Many Forms
- Weed Killer Chemical Glyphosate Is Not a Cancer Agent, Says EPA, Contradicting Juries
- Atlas General, Bascule Underwriting to Offer Workers’ Comp for Equine Industry
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