The U.S. National Highway Traffic Safety Administration said on Tuesday it is withdrawing a 2012 Obama administration proposal to require event data recorders in all new cars and trucks because it says automakers have voluntarily installed the devices in nearly …
The stigma surrounding marijuana use appears to be slowly fading in the U.S. New research from the University of Michigan, published in the February issue of Health Affairs, provides insight into the use of medical marijuana. According to the research, …
A bipartisan group of U.S. senators re-introduced a bill on Tuesday aimed at helping generic drug companies bring out a cheaper version of pharmaceuticals. Makers of branded drugs have long been accused of refusing to provide samples of drugs on …
NAS Insurance has re-entered the employment practices liability insurance market with a new three-in-one management liability product for small to mid-size businesses. The new NAS’ Management Liability policy will offer EPLI, directors & officers liability and fiduciary liability coverage options …
Digital property/casualty insurance platform CoverHound announced it has raised a $58 million Series D funding round. Global specialist insurer Hiscox led the round, along with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD. The latest round brings the total …
The risk management society RIMS has formed a Diversity and Inclusion Advisory Council tasked with identifying “relevant diversity and inclusion goals” for the society to pursue in its activities, as well as providing guidance on how best to achieve them. …
As insurance executives fret about helping their companies embrace new technology and change, one CEO offers this idea: Embrace that there are smarter people in the room. “Everybody in my organization is a whole lot smarter than I am,” said …
Kimberly A. Holmes has joined Kemper Corp. as senior vice president, chief actuary and strategic analytics officer. Holmes will lead Kemper’s enterprise-wide actuarial and analytics teams. Holmes’ direct reports include the executives who lead the actuarial and data and analytics …
Sexist comments, lewd gestures — and worse. Allegations like these are sorely familiar in the #MeToo era. Only this time, they hail from what seems like Wall Street’s Dark Ages: back when Lehman Brothers was flying high. More than a …
Johnson & Johnson, the world’s largest maker of health-care products, has agreed to settle the bulk of consumers’ lawsuits alleging it sold defective artificial hips and misled patients about their dangers, according to a lawyer for the plaintiffs. “The parties …
