National News

Risk Managers Reminded of Strategies for Coping with Disasters in Their Many Forms

Preparing for the unthinkable requires a lot thought. Risk management professionals this week cautioned audiences of the myriad pitfalls in planning for catastrophes during the Risk & Insurance Management Society’s annual conference at the Boston Convention and Exhibition Center. Corporations …

Weed Killer Chemical Glyphosate Is Not a Cancer Agent, Says EPA, Contradicting Juries

The U.S. Environmental Protection Agency said on Tuesday that glyphosate, a chemical in many popular weed killers, is not a carcinogen, contradicting recent decisions by U.S. juries that found that it caused cancer in people. The EPA announcement reaffirms earlier …

Atlas General, Bascule Underwriting to Offer Workers’ Comp for Equine Industry

Atlas General Insurance Services has collaborated with Bascule Underwriting, specialists in equine insurance, to provide an exclusive workers compensation product for horse farm owners. The program will be administered by Atlas and distributed through Bascule’s network of independent agents/brokers. The …

Why the Missouri River Is Just Going to Keep On Flooding: Viewpoint

The Missouri River used to be out of control. “It cuts corners, runs around at nights, fills itself with snags and traveling sandbars, lunches on levees, and swallows islands and small villages for dessert,” is how the humorist George Fitch …

CNA Financial Reports 17.5% Jump in Q1 Net Income

CNA Financial Corp. reported first quarter 2019 net income of $342 million, up 17.5 percent over the $291 million reported for the same period in 2018. The company saw a big improvement in its first quarter results over its Q4 …

Hiscox Appoints Hill from Blackboard Insurance Co. as Head of Claims in the U.S.

Hiscox, the Bermuda-headquartered specialist insurer, announced the appointment of Melissa Hill as head of Claims in the United States. Hill, who has more than a decade of experience in claims operations, will oversee the strategic direction and performance of the …

Not All Analysts Still See Berkshire Hathaway As a Buy

Two longtime analysts of Berkshire Hathaway Inc. appear deeply divided over prospects for the company led since 1965 by billionaire Warren Buffett, in reports issued on Monday ahead of this weekend’s shareholder extravaganza. Jay Gelb of Barclays Capital, who rates …

Senators Push Regulator to Finalize Drone ID System

Two U.S. senators on Monday urged U.S. Transportation Secretary Elaine Chao to finalize a long-delayed rule that would require the remote identification of unmanned aircraft systems, or drones. The U.S. Congress tasked the Federal Aviation Administration (FAA) in 2016 with …

Boeing’s Legal Woes Over Crashes Mount with Negligence Suits by Families

Boeing Co. was sued Monday by two Canadians who lost 10 family members in the March crash of a 737 Max in Ethiopia, adding to the aircraft manufacturer’s legal woes stemming from two deadly crashes by the jet. Among the …

New Everest Insurance Management Liability Policy Targets Public Companies

Everest Insurance has released a new Everest Elevation Management Liability Policy, which provides comprehensive coverage for publicly traded companies across all industries. Everest Elevation joins the insurer’s management liability primary product suite. According to Keith Lavigne, head of Financial Lines …

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