National News

Chaucer Names 3 U.S. Property Executives

Specialty insurer Chaucer announced the appointment of Chance Gilliland as head of U.S. Property Insurance, Mel Smart as head of International Property Facultative and Michael Johnston as deputy class underwriter, International Property Binders. As Head of U.S. Property Insurance, Gilliland …

Judge Triples Award for Hewlett Packard Against Quanta in Price-Fixing Scheme

HP Inc. was awarded $439 million in damages against Quanta Storage Inc. and its U.S. subsidiary after a federal judge tripled a jury’s 2019 award for damages caused by a widespread scheme to inflate the price of optical disk drives. …

Digital MGA Clearcover Raises $50M; Plans on Entering More States, Becoming Carrier

Clearcover, a digital managing general agent focused on auto insurance, said it has raised $50 million in new financing. The company said the money will be used to accelerate further national growth as well as further its plans to become …

Insurance Market Shrinking as Senior Living Industry Grows

The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue. The population of Americans over age 80 will double, from 6 million to 12 …

Weinstein Criminal Trial on Rape Charge to Open 2 Years After #MeToo Movement Started

More than two years and a lifetime ago, Hollywood’s open secrets about Harvey Weinstein finally spilled into public view. Few back then could have predicted all that would follow or where the #MeToo movement would go. Now, for Weinstein, a …

20 Democratic States Seek Supreme Court Ruling on Affordable Care Act

In a move that could put the Obama-era health law squarely in the middle of the 2020 election, Democratic-led states Friday asked the Supreme Court for a fast-track review of a recent court ruling that declared part of the statute …

Hanover Insurance Names Mitchell, Grieco to Key Commercial Lines Posts

The Hanover Insurance Group announced leadership appointments in its commercial lines business. Matthew S. Mitchell was appointed president of The Hanover’s middle market business. He has been with The Hanover for more than 13 years He was named chief strategy …

America Is Still Waiting for Trump’s ‘Much Better’ Replacement for Obamacare

As a candidate for the White House, Donald Trump repeatedly promised that he would “immediately” replace President Barack Obama’s health care law with a plan of his own that would provide “insurance for everybody.” Back then, Trump made it sound …

Trump Administration Issues Partial E-Cigarette Ban

The Trump administration on Thursday announced a ban on some popular e-cigarette flavors, including fruit and mint, to curb rising teenage use of vaping products, allowing only menthol and tobacco flavors to remain on the market. The ban came under …

Homeland Security Balks at State Laws on Immigrant Drivers’ Licenses, Data Sharing

The acting secretary of Homeland Security is taking aim at new laws in New York, New Jersey and other states that allow immigrants to get driver’s licenses without proof they are in the U.S. legally, and restrict data sharing with …

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