National News

Agents Warned About E&O Risks in Claiming Cyber, Cannabis Expertise

Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because both are relatively new exposures subject to changing regulations and coverages, producers marketing themselves as experts could face scrutiny, lawsuits …

Toy Wars: Lego Sues to Halt Sales of Zuru ‘Copycat’ Figurines at Walmart

Lego A/S wants to make sure any plastic toy figurine unwrapped in an American home during the holidays isn’t what the toymaker calls a copycat of its own products. The Danish toymaker is asking a federal judge in Connecticut to …

Analysts See Autonomous Flying Vehicles Taking Off

Flying cars, long a staple of science fiction, may be landing in the real world sooner than you think. Sleek vehicles floating above their more chaotic, terrestrial siblings are common trope in stories of a more technologically advanced future that …

5Star Specialty to Assume Distribution of Protective Insurance’s Public Auto Offering

Protective Insurance Co. and 5Star Specialty Programs have expanded their partnership in the public auto market, making 5Star Protective’s sole distribution source for its commercial auto insurance offering in the public auto (charter/school bus and limo) segment. Protective has partnered …

How Different Generations of Business Owners Feel About Insurance Agents

Millennial business owners are more likely to work with insurance agents than those in other generations. What’s more, they’re seeking agent counsel on a variety of financial issues, according to Nationwide’s fourth annual Business Owner Survey. The insurer sees the …

Mother’s Voice More Effective in Smoke Alarm for Kids Than High-Pitch Tone

A sleeping child is more likely to be awakened by voice alarms than by traditional tone alarms, new research finds. The researchers found that a sleeping child is about three times more likely to be awakened by one of the …

New Consumer Financial Protection Bureau Chief Outlines Priorities

The new head of the U.S. consumer financial watchdog on Tuesday said she intended to continue some of the work begun by her predecessor Mick Mulvaney, including a review of decades-old rules preventing lending discrimination against minorities. Industry and consumer …

Current Congress Unlikely to Pass Federal Bill to Speed Up Driverless Vehicles

A landmark U.S. bill that would speed adoption of self-driving cars is now “a long shot” to pass before the current Congress adjourns in the coming weeks, a key Republican senator behind the legislation said. Many automaker lobbyists and congressional …

Senate OK of Farm Bill Sends It to President Trump Who Is Expected to Sign It

The House cleared farm legislation that renews agricultural subsidies and food aid for low-income families without a controversial provision backed by conservatives and President Donald Trump that would have toughened work requirements to qualify for assistance. The bill passed 369 …

AXA XL’s E&S Casualty Insurance Names 2 U.S. Product Leaders

AXA XL insurance has appointed new Excess & Surplus (E&S) Casualty product leads in the U.S. Ankur Chokshi has been promoted to head of E&S Primary Casualty and Brokerage and Binding Authority while Kimberly Smid joins AXA’s E&S team to …

National News Archives by Month