National News

Airbnb Stresses Safety, Accountability in Governance Changes

Airbnb Inc. is laying the groundwork for a public market debut later this year, announcing a new corporate governance strategy that values safety, sustainability, diversity and accountability. The home-share startup has said it will track guest safety incidents, verify all …

Court Dashes Teens’ Hopes, Says Suit Can’t Force Climate Action by Government

Climate change should be addressed by Congress and the electorate, not the courts, a federal appeals panel ruled in ending a lawsuit brought on behalf of young people who sought to force the government to draw up a plan to …

Boeing Employees’ Emails on Pilot Training Could Boost Crash Victim Claims

Internal emails from Boeing Co. employees could strengthen the legal case for families claiming the company’s push to minimize the training needed for new 737 Max aircraft contributed to two crashes that killed 346 people. Employees bragged about fooling the …

Aon’s Quintal Jumps to Marsh’s Financial Institutions Practice

Insurance broker Marsh announced the appointment of Jacqueline Quintal as a managing director in its U.S. Financial Institutions Practice. In this role, Quintal will bring together transactional and risk advisory brokerage, claims, and consulting resources for financial institution clients throughout …

P/C Insurers Boosted Underwriting Profit, Surplus in 2019’s First 9 Months

The private U.S. property/casualty insurance industry saw its net underwriting gains increase to $5.4 billion in the first nine months of 2019 from $4.7 billion a year earlier, bolstered by growth in premiums and a drop in catastrophe losses. The …

Supreme Court Says State Universities Not Immune to Patent Challenges

The U.S. Supreme Court refused to shield state-run universities from having to appear before a federal administrative body to defend the validity of patents they own. The justices turned down an appeal by the University of Minnesota that argued it …

Reuters Report: How Secrecy in Courts Stymies Safety Regulators

LEBANON, Ohio — Something wasn’t right with the Rhino. Reports started trickling in to the Consumer Product Safety Commission (CPSC) in 2005 of people being killed or injured in the Yamaha Motor Co. off-road vehicles when they tipped over. But …

Liberty Mutual Surety Launches Product Line for Small, Mid-Size Contractors

Liberty Mutual Surety has launched a new product line dedicated to contract transactional and small- to mid-sized surety business. Liberty Mutual Surety Plus is available through independent agents and serves contractors that need standard bond programs up to $25 million, …

Global Cannabis Revenue Pushed by Sales Doubling in Some U.S. States

The green rush in the global cannabis market continued in 2019, with sales doubling in seven U.S. states as well as Canada, and you can expect that trend to continue this year, a report out on Thursday shows. The report …

Recreational Cannabis Impairs Driving Even When Driver Not High: Harvard Research

Recreational cannabis use affects driving ability even when drivers are not intoxicated by marijuana, according to a study from a Harvard Medical School hospital. Published in the Drug and Alcohol Dependence journal, the study “Recreational Cannabis Use Impairs Driving Performance …

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