National News

Biden Administration Warns Firms to Quit Aiding Nord Stream 2 Pipeline

The U.S. State Department is tracking efforts to complete Russia’s Nord Stream 2 natural gas pipeline and evaluating information on entities that appear to be involved, U.S. Secretary of State Antony Blinken said on Thursday. “Any entity involved in the …

Apple Says It Will Appeal $309M Jury Verdict Over Patent Infringement

A federal jury in Texas said Apple Inc must pay about $308.5 million to Personalized Media Communications LLC (PMC) for infringing a patent associated with digital rights management. The jurors late on Friday directed Apple to pay a running royalty …

Scientists Say Advanced Nuclear Reactors Not Safer Than Conventional Plants

A new generation of so-called “advanced” nuclear power reactors that Washington believes could help fight climate change often present greater proliferation risks than conventional nuclear power, a science advocacy group said on Thursday. President Joe Biden, a Democrat, has made …

Amwins Launches Alarm Contractors Program

Amwins Program Underwriters has developed a new insurance coverage dedicated to alarm contractors that includes commercial general liability, professional liability, property and inland marine coverage. The program can be tailored to meet the needs of alarm installation contractors including fire, …

Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’

Five years ago, Evan Greenberg led ACE’s nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. Now, the insurer is gunning for even larger size …

Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb

While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg would certainly welcome what The Hartford …

Safety Agency Has 23 Active Tesla Crash Investigations

The U.S. auto safety agency disclosed on Thursday it has opened 27 investigations into crashes of Tesla vehicles, 23 of which remain active, and at least three of the crashes occurred in recent weeks. The National Highway Traffic Safety Administration …

Seresto Defends Flea, Tick Collars for Dogs As Safe Amid Calls for Recall

Elanco Animal Health Inc said on Friday it was backing the safety of its popular pet collars to repel flea and ticks after a Congressional subcommittee asked for the product to be recalled following reports linking it to hundreds of …

Lawmakers Look to Spruce Up Gig Work Rather Than Replace It

Last week in Washington, the Democratic-controlled U.S. House passed a sweeping labor law overhaul that would make it much easier for gig workers to prove they’re actually employees with full-fledged union rights, rather than contractors as their bosses claim. Two …

Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion

Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about $23.2 billion in cash and stock in what could be one of the industry’s biggest deals in years. The New …

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