Oregon Sen. Ron Wyden proposed legislation Friday that would give states a free hand to allow legal cannabis markets without the threat of federal criminal intervention, the latest push in Congress to bolster the nation’s burgeoning pot industry. The proposal, …
The commercial drone industry could be torpedoed if there were a serious accident involving a drone and a commercial aircraft, the chairman of the U.S. House Transportation and Infrastructure Committee warned on Friday. Representative Peter DeFazio, a Democrat, said in …
U.S. lawmakers are pushing for stronger aviation security with a bipartisan bill that would require passenger airlines to install secondary security doors between cabins and the cockpit on current aircraft to prevent another Sept. 11-style attack. Hijackings remain a threat …
The Financial Stability Board needs to commit more resources to identifying new threats while reviewing existing reforms for refinement, its chair said Sunday. Randal Quarles, who took over as chair of the FSB in November and is the U.S. Federal …
QBE North America has launched QBE Integrated Advantage for Financial Institutions—a new dedicated business unit specializing in the segment The new unit offers customers access to a single team organized under a one leader that comprises financial institutions professionals in …
The Allstate Corp. lost $312 million in its 2018 fourth quarter, which was attributable to higher catastrophe losses, lower investment income and a pension settlement charge. Catastrophe losses hit $963 million, versus just under $600 million in Q4 2017. However, …
Chubb’s high-net-worth personal lines insurance business may have some new competition, but Chairman and CEO Evan Greenberg and a key executive say those rivals haven’t made much of a dent. “From my point of view we don’t see a change …
Sharing personal information with friends and family has long been held by researchers as a way to build rapport and healthy relationships. But between coworkers, that’s not always true. That is at the center of new research conducted at Georgia …
Two months after calling for laws to regulate facial-recognition software, Microsoft Corp. is lobbying on behalf of a first-of-its-kind bill in its home state of Washington. The question is whether cross-town rival Amazon.com Inc. will support it. Amazon has asked …
In most markets, when a buyer and a seller can’t settle on a price, they walk away. Medicine is different. Doctors and insurance companies often sort out who owes what only after a patient has been treated, especially in emergencies. …
