July 6, 2018
Hopes for more legroom in increasingly cramped airplane cabins were dashed when U.S. regulators, responding to a court order, said they found no need to impose new standards on airlines. The Federal Aviation Administration, in a letter dated Monday, said …
July 6, 2018
Trade tensions sound like a great opportunity to underwriters of a little-known insurance product. U.S. President Donald Trump set off fears of a global trade war with tariffs on metals and an array of imports from China. As countries ratchet …
July 6, 2018
A U.S. judge on Thursday overturned a $140.1 million verdict against AbbVie Inc. in a lawsuit by a man who claimed the company misrepresented the risks of its testosterone replacement drug AndroGel, causing him to suffer a heart attack. U.S. …
July 5, 2018
Scientists at Colorado State University’s Tropical Meteorology Project have decreased their forecast and now believe that 2018 hurricane season will have below-average activity. According to the forecasters, the tropical and subtropical Atlantic is currently much colder than normal, and the …
July 5, 2018
Some of the world’s largest technology companies might be breaking the European Union’s new data privacy law, according to an analysis of their policies conducted by artificial intelligence software. Researchers from the European Union Institute in Florence worked with an …
July 5, 2018
After a Florida radio station’s general manager told hosts they didn’t have to put an obnoxious repeat caller on the air a couple of months ago, the man stood on the sidewalk outside and vented his irritation with the station …
July 5, 2018
A.M. Best has downgraded its financial strength and credit ratings for insurer members of the AmTrust Group, not long after AmTrust Financial Services Inc. (AFSI) shareholders approved a $2.95 billion deal that will make it a private entity. The insurer’s …
July 5, 2018
Trōv, a global on-demand insurance agency, has expanded into the United States, starting with insurance for single items in the state of Arizona. Munich Re’s Digital Partners provides underwriting capital through its global strategic alliance with Trov. The company’s Arizona …
July 4, 2018
Value is a relative term often specific to a given asset. For example, if the price of gold declines from $1,800 an ounce to $1,250 an ounce, as it has, then gold is less valuable. The price of property/casualty insurance …
July 3, 2018
As the July 4th holiday arrives, the Consumer Federation of America (CFA) has issued an alert to off-highway vehicle (OHV) riders to operate their vehicles with caution. According to data gathered by CFA and its OHV Safety Coalition, July is …