National News

Distribution Overpowers Underwriting. How CNA Ex-CEO Chookaszian Views Industry’s Past, Present and Future

The former chief executive of an insurance company believes the center of value of the property/casualty industry has shifted away from one of the activities that would seem to define an insurance risk-taking enterprise: insurance underwriting. “Today, the core competency …

Wall Street to Weigh In on AXA IPO Next Week

Weeks after becoming the largest U.S. listing of 2018, Axa Equitable Holdings Inc. is trading below the price range that investors were originally asked to pay at its initial public offering. But an incoming round of analyst initiations could create …

Researchers Cool Their 2018 Hurricane Season Forecast

Subtropical Storm Alberto kicked off the Atlantic hurricane season a week early, but don’t take that as a harbinger of terrible weather. In fact, cooler ocean temperatures are already spurring researchers to scale back forecasts for this year. Expect six …

Cities Still Owed Funds from Last Hurricane Season as New Season Gets Underway

Allen Owen, the mayor of Missouri City, Texas, wants to do more to protect his town from the next disaster. But the city hasn’t gotten any of the roughly $1 million in federal disaster funds he said it’s owed after …

New ISO Program Targets Home Healthcare Insurance Market

ISO has launched a new home healthcare program that provides coverage and ratings for insurers covering the home healthcare market. ISO is a Verisk business. The aging population is one factor in the significant expansion of home healthcare in the …

Chubb Names Watson, Porter to Energy Practice Leadership Posts

Chubb has announced two leadership appointments for its Energy Industry Practice serving the mid- and large-market segments. Brad Watson and Barton Porter have been named Energy Industry Practice Leaders for Chubb’s mid-market and large-market business lines, respectively. Their responsibilities will …

How Safe Must Driverless Vehicles Be to Be Accepted? Very Safe.

The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles developed by Uber Technologies Inc. and Tesla Inc. have led to doubts about whether these vehicles can alleviate traffic issues …

Marijuana, Opioids Found in High Percentage of Drivers Killed in Car Crashes

More than half of drivers killed in car accidents who were tested for drugs had marijuana, opioids or a combination of the two in their system, according to a new report. The report from the Governors Highway Safety Association (GHSA) …

More U.S. Firms Follow Europeans in Valuing Apprenticeships to Attract Talent

The rise of the apprentice: a European tradition comes to the U.S. The growing number of apprenticeships in the U.S. has more to do with European companies importing the practice into their American operations than with the long-running NBC television …

Rivals Uber, Waymo in Talks About Driverless Ride Hailing Partnership

Uber Technologies Inc. is talking with Alphabet Inc.’s autonomous driving unit Waymo about using its technology on Uber’s ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, signaling a possible thaw in relations between the firms. Khosrowshahi said on …

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