National News

Researchers Show How Conversation Spreads Virus Inside Buildings

With implications for the transmission of diseases like COVID-19, researchers have found that ordinary conversation creates a conical ‘jet-like’ airflow that quickly carries a spray of tiny droplets from a speaker’s mouth across meters of an interior space. “People should …

Next Insurance Adds 24 States to Its Workers’ Compensation Market Map

Next Insurance has expanded its workers’ compensation offering into 24 additional states, including Arizona, Connecticut, South Carolina, Indiana and Virginia. The digital small business insurer said that the coverage is now available in 30 states overall, increasing its workers compensation …

Trump Signs Stopgap Government Funding Measure with 1 Year Flood Insurance Renewal

President Donald Trump signed a funding measure that will keep the federal government running until Dec. 11. The continuing resolution (HR 8337), which the House passed last week 359 to 57, was approved by the Senate in a 84-10 vote …

Allstate to Cut 3,800 Jobs as Latest Step in Multi-Year Growth Plan

The Allstate Corp. said it will cut approximately 3,800 jobs in claims, sales, service and support functions as part of its continuing plan to grow its property/casualty market share. The layoffs will affect about eight percent of the insurer’s 45,780 …

FAA Chief Completes Boeing 737 Test Flight: Likes What He Saw But Process Not Done

Federal Aviation Administration (FAA) Chief Steve Dickson conducted a nearly two-hour evaluation flight at the controls of a Boeing 737 MAX on Wednesday, a milestone for the jet to win approval to resume flying after two fatal crashes. Dickson, a …

AXA XL Expands Construction Offering to ‘Highly Protected Projects’

AXA XL’s North America Construction insurance business has expanded its insurance programs and services for construction projects to include customized coverage for risks that qualify as a “Highly Protected Project” (HPP) because of their implementation of technologies designed to reduce …

CFC Upgrades Cyber Incident Response Mobile App

CFC has upgraded its cyber incident response mobile app to provide proactive and targeted cybersecurity alerts for CFC cyber insurance policyholders and immediate access to cyber security risk mitigation experts. Using the company’s data enrichment platform and threat intelligence feeds, …

Health Insurer Anthem Settles States’ Cyber Breach Probe for $40 Million

Anthem Inc. said on Wednesday it would pay $39.5 million as part of a settlement with U.S. states attorneys general following an investigation into a massive cyber-attack at the company in 2015. The second largest U.S. health insurer said a …

Allianz Adds 3 From Argo to Cyber Insurance Team

Allianz Global Corporate & Specialty (AGCS) has made several hires to strengthen its cyber insurance underwriting team: Tresa Stephens as regional product leader; Josh Navarro, executive underwriter; and Ed Lee, underwriting specialist. Based in New York, Stephens will lead the …

Personal Finance Firm Credit Karma to Offer Checking Account in U.S.

Personal-finance company Credit Karma said on Tuesday it would launch a checking account to U.S. members this year, making it the latest fintech to join the crowded digital banking market. Credit Karma Money Checking will initially be available only to …

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