March 29, 2019
Duke University will pay $112 million to settle a whistleblower lawsuit after federal prosecutors said a research technician’s fake data landed millions of dollars in federal grants, the school and the government said Monday. The private university in Durham submitted …
March 29, 2019
AmWINS Group, Inc., a global distributor of specialty insurance products and services, has named Alycia Kiley as senior vice president at the company, focused on building strategic partnerships with the firm’s retail clients. AmWINS works with retail insurance agents, brokers …
March 29, 2019
If the NCAA’s Final Four basketball games were to be cancelled or postponed for any reason, that would be really, really bad news, not only for the collegiate sports association and fans but also for the panel of insurers that …
March 29, 2019
A House committee has advanced a bill to protect financial institutions from criminal prosecution for providing services to legal marijuana businesses. The House Financial Services Committee voted 45 to 15 in favor of the SAFE Banking Act, which promises to …
March 29, 2019
After a weakened performance in 2015-2016, the U.S. private passenger auto segment has turned around as rate actions and underwriting initiatives have driven a 3.8-point year-over-year improvement in the sector’s combined ratio in 2017. A 4.7-point loss ratio reduction through …
March 29, 2019
A U.S. federal appeals court refused to hold Grindr liable to a New York man who said his former boyfriend used the gay dating app to post fake profiles, in a harassment campaign that caused more than 1,000 men to …
March 28, 2019
This post is part of a series sponsored by CoreLogic. Severe convective storms—the group name given to tornadoes, hail, and straight-line winds—are among the most common and damage-inducing natural catastrophes in the United States, frequently topping the lists of annual …
March 28, 2019
Nobody’s saying much as California Insurance Commissioner Ricardo Lara considers how he will respond to a petition submitted by climate change activists urging him to place new regulations on insurers to disclose what projects in the fossil fuel industry they …
March 28, 2019
Texas officials on Tuesday sued owners of a Houston area petrochemical storage facility over a fire last week, alleging violations of environmental laws and seeking damages to cover response costs for the disaster that burned for days, releasing chemicals into …
March 28, 2019
Nebraska retailers who were hoping to salvage alcohol that was touched by floodwaters are out of luck. The Nebraska Liquor Control Commission said that stores must destroy any alcohol in containers that came into physical contact with floodwater. Stores are …