National News

FDA Halts Sales of Surgical Mesh by 2 Firms Over Injury Claims

U.S. health regulators ordered two medical device companies to stop selling a surgical mesh used in pelvic repair surgeries, after thousands of claims by women that they were injured by the products. The Food and Drug Administration said it had …

Hanover Offers Agents Small Business Platform Using CoverWallet Technology

The Hanover Insurance Group is debuting a digital platform to help independent agents acquire new small business customers including freelancers, contractors and other self-employed professionals. Calleed Insurago, the platform runs on technology from the digital agency CoverWallet, using analytics to …

Amenity Analytics Raises $18 Million from Starr, Allstate, Others for Text Analysis Tool

Starr Companies and Allstate have contributed to an $18 million financing round for Amenity Analytics, a startup developing cloud-based analytics designed to help businesses analyze text on a massive scale. The New York-based startup said that both Starr and Starr …

Ruling on Stabbing Prompts Calls for National Workplace Violence Prevention Standard

A federal commission decision that an employer had a duty to protect a social services worker who was stabbed to death by a client, even though the company did not violate any specific safety standard, reinvigorated advocates who are calling …

Farmers Grow to Like Crop of Technologies Helping Them Manage Weather Risk

When surprise hailstorms hit the 6,000 acres Trevor Scherman plants each year with peas, wheat, canola and lentils, his first move isn’t to his truck to assess the damage. These days, it’s to his iPad. Nine mini-weather stations from the …

Supreme Court Denies Drug Maker’s Use of Native American Tribe to Shield Patents

The U.S. Supreme Court on Monday cast aside pharmaceutical company Allergan Plc’s unorthodox bid to shield patents from a federal administrative court’s review by transferring them to a Native American tribe. The justices left in place a lower court ruling …

Liberty Mutual to Acquire AmTrust’s Surety, Credit Reinsurance Business

Liberty Mutual Insurance said it has agreed to acquire the global surety and credit reinsurance operations of property/casualty insurer AmTrust Financial Services. Terms of the deal were not disclosed. Upon closing, Liberty Mutual will acquire four AmTrust businesses: AmTrust Surety, …

Contaminated Oil Linked to U.S. Reserves Raises Safety Concerns

Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. The American energy giant said some of the oil it purchased last year from the Energy Department’s Strategic …

Markel Internal Review Finds ‘No Bad Faith’ Related to Loss Reserves Under Investigation

Markel Corp. said that an internal review conducted by outside counsel found “no evidence that personnel of its CATCo unit acted in bad faith in exercising business judgment in the setting of reserves and making related disclosures during late 2017 …

Judge Directs Bayer to Enter Mediation with Plaintiffs in Roundup Cancer Lawsuits

A U.S. judge ordered Bayer AG to pursue mediation with plaintiffs claiming that its Roundup weedkiller causes cancer, asking the company to try to settle lawsuits that have wreaked havoc on its share price. More than 11,200 people have sued …

National News Archives by Month