National News

Country Financial CEO Bock Plans to Retire in January

Kurt Bock will retire as chief executive officer of Illinois-based Country Financial effective January 31, 2019, after serving in the leadership role for seven years. The company said a search for his successor is underway. Bock has been chief executive …

Ban on Publishing Blueprints for 3-D Guns Extended by Judge

A U.S. judge extended a ban on publishing blueprints for 3-D printed guns online, handing a procedural victory to states and gun-control groups that argue the practice will make it easy for criminals and terrorists to get their hands on …

Startup’s Newest Employee Benefit, Stem Cell Storage, Could Last Forever

As MyCrypto mulled what benefits to offer employees, the new blockchain startup asked them what they wanted. “Surprisingly, we found that the traditional health benefits and 401(k) benefits—they had no interest in those,” said Taylor Monahan, the company’s founder and …

Harvard Blasts Plaintiff in Seeking Dismissal of Admissions Discrimination Claim

Harvard University said a lawsuit by Asian-Americans who claim the school discriminated against them during the admissions process should be dismissed because their arguments are based on “invective, mis-characterizations and in some cases outright misrepresentations.” The Ivy League school told …

Argo Names Duncan to Lead U.S. Specialty Programs

Specialty insurer Argo Group has appointed Marsh Duncan to serve as senior vice president U.S. Specialty Programs, effective immediately. In this role, Duncan will lead the company’s strategy to offer customized insurance products and services through specialized program administrators. Duncan …

Allstate to Acquire Identity Theft Protection Firm InfoArmor

The Allstate Corp. has agreed to acquire InfoArmor, a provider of employee identity protection, for $525 million in cash. The insurer said it sees “significant opportunity to cross sell” the new product through its own Allstate Benefits customer relationships and …

Why Insurance Agencies at Crossroad Are Turning to Aggregators: Viewpoint

Even as they look back on several years of steady growth and success, many owners of independent insurance agencies now find themselves at a crossroad where they are pressed to make critical strategic decisions about the future of their firms. …

Senate Republicans Prepare Pre-Existing Condition Bill in Case Obamacare Nixed

Ten Senate Republicans have introduced legislation that would reinstate Obamacare rules that prohibit insurers from turning away people with pre-existing conditions if a new lawsuit that seeks to invalidate the healthcare law succeeds. The legislation comes two weeks before oral …

Express Scripts, Cigna Shareholders Vote in Favor of $52 Billion Acquisition

Cigna Corp. shareholders on Friday voted in favor of the health insurer’s proposed $52 billion acquisition of pharmacy benefit manager Express Scripts Holding Co., although the deal still needs clearance from antitrust authorities. The vote in favor of the merger …

Alcohol in Any Amount Found Unsafe; Linked to 3 Million Deaths a Year: Global Study

A new scientific study concludes there is no safe level of drinking alcohol. The study shows that in 2016, nearly 3 million deaths globally were attributed to alcohol use, including 12 percent of deaths in males between the ages of …

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