Boeing to Pay $2.5B to Settle With Justice Department Over 737 MAX Crashes January 11, 2021 By Tracy Rucinski, Eric M. Johnson and David Shepardson Boeing Co. will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department...
Safety Agency Dismisses Claims of Faulty Acceleration Against Tesla January 11, 2021 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) said it would not grant a petition seeking a formal review of 662,000...
Amalgamated Life’s Dunkin Becomes RIMS President for 2021 January 8, 2021 The risk management society RIMS announced that Ellen R. Dunkin will lead the organization as president for the 2021 term,...
Personal Auto Insurance Rates Fall Across the County: Value Penguin January 8, 2021 Auto insurance rates are falling across the country an average 1.7 percent, with drivers in Michigan, Ohio, Kentucky, Arkansas and...
Why Even Bezos-Buffett-Dimon Dream Team Couldn’t Fix Health Care: Viewpoint January 8, 2021 By Tara Lachapelle, Bloomberg Opinion and Tae Kim, Bloomberg Opinion It would be hard to think of a better team than the world’s richest man, one of its top bankers...
Biden’s Choice for Labor Secretary — Boston’s Mayor Walsh— Signals Pro-Worker Policy January 8, 2021 By Josh Eidelson, Jennifer Epstein and Benjamin Penn President-elect Joe Biden announced Thursday that he has named Boston Mayor Marty Walsh to be labor secretary. If confirmed by...
Taxpayers, Not Insurance, to Cover Costs of Capitol Damage by Trump Mob January 8, 2021 By Suzanne Barlyn U.S. taxpayers will be on the hook for damage from a mob attack on the U.S. Capitol in Washington on...
Cities Are Stepping up Their Own Greenhouse Gas Battles January 7, 2021 By Don Jergler Long Beach, Calif., this week took a step in a plan to reduce local greenhouse gas emissions. The city council...
Goosehead Insurance Fires Employee Who Was at Jan. 6 Capitol Hill Riot January 7, 2021 By Andrew G. Simpson and Amy O'Connor Texas-based personal lines insurance agency Goosehead Insurance has fired an employee who participated in the storming of the Capitol yesterday....
Insurance Leaders Condemn Violence by Trump Rioters Who Stormed Capitol January 7, 2021 Several insurance industry leaders have joined others in the U.S. business community in condemning the violent rioters who stormed the...