National News

What? Women Pay More Than Men for Auto Insurance? Yup.

It’s a widespread belief that men pay more for automobile insurance than women. But that’s only true for young adults. Several studies in 2018 and 2017 revealed that women over 25, particularly those between 40 and 60, often pay more …

Google, Amazon Expanding Smart Home Device Data Gathering

As Amazon.com Inc. and Google work to place their smart speakers at the center of the internet-connected home, both technology giants are expanding the amount of data they gather about customers who use their voice software to control other gadgets. …

Surgeons Have Edge in Facial Trauma Malpractice Lawsuits: Research

Southern courts favor physicians in malpractice lawsuits over facial trauma treatment, while courts in the Midwest favor patients, according to a Rutgers study. The study, which was published in the Journal of Oral and Maxillofacial Surgery, is the first to …

AIG Names Ferrara to Head Investments Communications

American International Group has named Carla Ferrara as head of communications for AIG’s Investments organization. Ferrara will be based in New York and report to Elaine Rocha, chief operating officer, AIG Investments. Ferrara brings 25 years of experience in the …

Doctors Alerted to Cancer Risk Linked to Breast Implants

U.S. health officials are telling doctors to be on the lookout for a rare cancer linked to breast implants after receiving more reports of the disease. The Food and Drug Administration sent a letter to family doctors, nurses and other …

Berkshire Hathaway’s New ‘THREE’ Policy Seeks to Simplify Small Business Insurance

Berkshire Hathaway’s Insurance Group has launched a comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate’s legendary chairman has endorsed it. The product, dubbed THREE, is three-pages long, and combines coverage for workers compensation, multiple liability …

New Beazley Environmental Liability Coverage Targets Banks, Lenders

Specialist insurer Beazley has launched site lender environmental asset protection (SLEAP) cover to protect banks and other lenders from pollution risks that could seriously impair the value of property used as collateral for commercial loans. In the event of both …

CNA Reports Q4 Loss on Catastrophes, Investments

Catastrophe claims and a disappointing investment performance drove commercial lines insurer CNA Financial Corp. to an $84 million loss in the fourth quarter of 2018. The quarter’s $84 million net loss compare to $223 million in net income in the …

January’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon

Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according to Aon’s Global Catastrophe Recap – January 2019. The report listed the winter storm events in the U.S. during the …

Using Hands-Free Devices While Driving Not So Risky: Research

New research suggests that drivers who use hands-free electronic devices, as opposed to handheld ones, are not increasing their risk of getting into a crash. According to the research from Virginia Tech Transportation Institute (VTTI), with hands-free technology, drivers can …

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