National News

Boeing Vows New Safety Panel, Design Changes in Response to 737 Max Crashes

Boeing Co. aims to sharpen its focus on safety after the 737 Max’s grounding ends, forming a new oversight panel and recommending changes to the planemaker’s structure and design practices after two crashes that killed 346 people. The board’s new …

Mutual Insurer Trade Group NAMIC’s CEO Chamness to Retire

The National Association of Mutual Insurance Companies announced that Charles Chamness, the chief executive officer of the organization, is retiring from the post he held for nearly 17 years. The official announcement came this week on the final day of …

Crum & Forster Pet Insurance Group Expands Horse Program Into 6 States

Crum & Forster Pet Insurance Group has expanded its stand-alone, veterinary care insurance for companion horses to include six new states: California, Colorado, Connecticut, Kentucky, Oklahoma and Texas. Policies are underwritten by United States Fire Insurance Co. and produced by …

17 Cybersecurity Products the Cyber Insurance Industry Says Are Worthwhile

Insurance broker Marsh has unveiled the inaugural class of cybersecurity products and services receiving a Cyber Catalyst designation that is part of an evaluation program its backers hope will bring greater clarity in the crowded cybersecurity marketplace. Cyber Catalyst by …

Chubb Names Hobson, Formerly with Aon, to New Flood Insurance Post

Insurer Chubb announced that Louis Hobson has joined the company as senior vice president of Flood Insurance for its North America operations. In this new role, Hobson will work in conjunction with Chubb’s personal and commercial lines of business, and …

Marsh Pilots Blockchain-Powered Insurance Placement and Binding Process

Insurance broker Marsh is piloting a digital insurance placement platform that it says has the potential to let clients, carriers and its brokers share real time information and feedback on the placement and binding process. The platform, called Risk Exchange, …

Rent Default Coverage Available to Real Estate Investors, Property Managers

Insurance broker Next Wave Insurance Services and industry veteran Aaron DiCaprio have collaborated to launch Rent Rescue, a rent default insurance product for real estate investors and property managers. Rent default insurance reimburses property owners for up to six months …

U.S. Aviation Regulator Denies It Misled Congress on 737 Max Inspectors

American aviation regulators misled Congress about a whistle-blower’s allegation that many inspectors performing safety assessments on the now-grounded Boeing Co. 737 Max airplane weren’t properly qualified to certify pilots or assess pilot training, a government watchdog agency has concluded. The …

Men and Women Respond Differently When Natural Disasters Strike, Researchers Say

Women are quicker to take cover or prepare to evacuate during an emergency, but often have trouble convincing the men in their life to do so, suggests a new University of Colorado Boulder study of how gender influences natural disaster …

How U.S. Is Attempting to Manage Risk from ‘Insider’ Terrorist Threat in Aviation

The arrest of an airline mechanic suspected of being sympathetic with terrorists and charged with sabotaging a jetliner has renewed fear about the “insider threat” to aviation security. Despite security upgrades since the hijacking terror attacks of 2001, breaches including …

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