National News

Private Flood Insurance Growth Could be Boon for Claims Professionals

A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way. An executive for Munich …

Great American Launches Admitted Cyber Product for Small, Medium-Sized Businesses

Great American Insurance Group has launched an admitted cyber risk insurance product, the Risk e-Business Cyber Loss & Liability Insurance Policy featuring two insuring agreements and only 13 exclusions. According to Betty Shepherd, Divisional senior vice president of Great American …

Appeals Court Nixes J&J $110 Million Baby Powder Verdict

Johnson & Johnson persuaded a Missouri appeals court to throw out a $110 million jury award to a woman who said she got cancer from the company’s baby powder. It was the fourth appellate win in the state for J&J, …

Occupational Medical Group Warns Congress Legalized Cannabis Is Workplace Risk

A group of occupational medicine doctors is warning that legalization of marijuana has “huge” public and workplace health and safety implications that Congress should consider when dealing with the issue. The American College of Occupational and Environmental Medicine (ACOEM) said …

More Research Needed Into How Crash Risk Is Related to Roadway Design

How dangerous is travel in the United States? It depends on how the question is framed. If it’s risk per kilometer (about 6/10ths of a mile), the U.S. has 6.71 deaths per billion vehicle kilometers of travel compared to the …

Price Forbes Launches U.S. Healthcare Practice Headed by JLT Hires

London-based specialty broker Price Forbes has launched a U.S. healthcare practice headed by market veterans Paul Voller and David Fairbank, who are joining from JLT Group. Based out of London the practice will focus on the U.S. healthcare sector arranging …

Behind the Foggy Curtain: A Peek Into Secret U.S. Cybersecurity Operation

The National Security Agency is normally so secretive that its creation was classified, leading to the nickname “No Such Agency.” But in a move that surely caused hand-wringing and murmurs among the nation’s longtime spies, the agency opened its doors …

Auto Insurance Customer Loyalty Is Declining. Here’s Why.

Last year more than $6 billion in advertising was pumped into the marketplace to encourage consumers to shop and switch their auto insurance providers. Everywhere consumers look, they are being hit with insurance ads – television spots, blimps, even field-goal …

Does the Cloud of Vaping-Related Injuries Portend a Storm of Litigation? – Cannabis Industry Alert

Electronic cigarettes and vaping have been heralded by many as a safer alternative to smoking traditional cigarettes. A recent outbreak of illnesses allegedly related to vaping, however, has ignited public hysteria and will almost certainly lead to substantial mass tort …

Walmart Balks at $5.2 Million Damages Claim for Disability Bias Against Employee

A jury last week found that Walmart violated federal law for failing to accommodate the disabilities of a longtime employee and awarded $5.2 million in damages. After a 3½-day trial, the jury sided with the Equal Employment Opportunity Commission (EEOC) …

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