National News

J&J Cites ‘Progress’ Settling Baby Powder Cancer Cases

Johnson & Johnson said it’s moving forward to resolve lawsuits that claim its talc-based Baby Powder causes cancer to avoid facing some jury trials next year and further its strategy of finding a global settlement for thousands of cases. “We …

Ex-Twitter Exec Claims in Lawsuit He Was Fired for Raising Security Concerns

A former executive at Twitter Inc, now called X Corp, has filed a lawsuit claiming he was fired after Elon Musk acquired the company for objecting to budget cuts that would prevent the company from complying with a U.S. government …

Businesses Feel Prepared Yet Lack Ample Insurance, Says HUB Exec Survey

When it comes to facing risk in 2024, most organizations are not as prepared as they may think they are. The newly released 2024 HUB Outlook Executive Survey revealed gaps in maintaining financial stability and profitability, building a vital and …

University of Penn Sued by Students Claiming Antisemitism on Campus

The University of Pennsylvania was sued by a pair of students who claim the campus was a hotbed of antisemitism even before Hamas attacked Israel on Oct. 7. Penn became the third major US college, after New York University and …

AM Best Maintains Stable Outlook for U.S. Property/Casualty Commercial Lines

Persistently strong underwriting performance during and after the global pandemic – despite substantial economic and capital markets volatility – has prompted AM Best to maintain its “stable” outlook for the US property/casualty commercial lines segment. Premium rates for most of …

Bayer Ordered to Pay $3.5 Million in Latest Roundup Weedkiller Trial

Bayer was ordered on Tuesday to pay nearly $3.5 million by a Philadelphia jury that found the company’s Roundup weedkiller caused a woman’s cancer, the company said, the latest in a string of trial losses for the company as it …

Markets/Coverages: No Application Needed for New NOW Insurance MedMal Coverage

NOW Insurance, an artificial intelligence-enabled commercial insurance platform specializing in medical professional liability coverage, recently launched coverage for physicians and physician groups in their online platform. Select brokers can now shop for and bind coverage for physician and medical group …

As Homeowners Face Mounting Disasters, Reality TV Wants to Help

Television networks are tapping into a mounting challenge affecting many US homeowners: Rebuilding after disasters. Rachael Ray — the chef whose TV programs on quick dinners gained popularity in the early 2000s — has created a new show called Rachael …

Catholic Nuns Sue Smith & Wesson to Halt its Assault-Style Weapons Sales

A group of Catholic nuns have sued the board of Smith & Wesson to try to force the gunmaker to abandon the manufacture, marketing and sales of assault-style rifles that have been used in U.S. mass shootings. The nuns, in …

Florida Commissioner, NAMIC Latest to Push Back on Federal Climate Change Data Call

Florida’s insurance commissioner and the National Association of Mutual Insurance Companies are pushing back against a plan by the U.S. Treasury to collect data from insurers on risks from climate change, calling it “federal overreach,” burdensome and unauthorized by law. …

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