National News

Tesla Debuts 500-Mile Electric Heavy Duty Truck

Tesla Inc. upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest …

Markel Finalizes Acquisition of State National Companies

Markel Corp. has completed its previously announced acquisition of State National Companies, a specialty provider of property/casualty insurance services that operates two core businesses, program services and lender services. Markel, a Virginia-based in Virginia holding company for insurance, reinsurance and …

Barbican Insurance Launches U.S. Specialty Property MGA Targeting Southeast, Gulf Coasts

Barbican Insurance Group has launched Barbican Specialty US, a new managing general agency (MGA) providing wholesale excess and surplus (E&S) property insurance for small-to-medium-sized commercial operations along the southeastern coast of the United States. Based in Atlanta and Kansas City, …

Court Orders J&J to Pay $247 Million, Another Big Loss Over Hip Implant Product

Johnson & Johnson was ordered to pay $247 million to half a dozen patients who claimed the company hid defects in its Pinnacle artificial hips, its third big-dollar loss over the products. Officials of the company’s DePuy unit, which makes …

Markel’s Crowley to Retire at End of 2017

Markel Corp. announced that F. Michael Crowley, the company’s vice chairman, plans to retire on December 31, 2017. Crowley will transition his duties and responsibilities as well as his relationships with key producers and clients to designated employees through the …

How To Stop the Next Harvey Weinstein: Viewpont

In the 26 years since the Anita Hill hearings focused national attention on the issue of sexual harassment in the workplace, significant progress has been made. Most employers take seriously allegations of sexual and ethnic harassment and show little tolerance …

House Passes Tax Cut Package; Debate Moves to Senate

Congressional Republicans took an important step on Thursday toward the biggest U.S. tax-code overhaul since the 1980s as the House of Representatives approved a broad package of tax cuts sought by senior lawmakers and President Donald Trump. The House vote …

How Consolidation Has Changed Crop Insurance Sector: Conning

Crop insurance was once a sector full of smaller players, but a mergers-and-acquisitions (M&A)-driven push for efficiency and scale has left it dominated by fewer and larger carriers, and analysts at Conning predict a continuation of the trend. “We expect …

Paid ‘Climate Leave’ May Be Next Employee Benefit

Even the workplace has to adapt to the warming world. As climate change creates more intense storms, companies have started preparing for work disruptions due to extreme weather. In a sign of the times, Fog Creek, a software company based …

H.W. Kaufman Group, Burns & Wilcox Promote 22 Insurance Pros in North America

H.W. Kaufman Group and Burns & Wilcox have promoted 22 insurance industry veterans across 15 locations in the United States and Canada. The promotions were announced at a recognition dinner during the annual 2017 Kaufman Leadership Meeting. They include: Matthew …

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