National News

Beazley Launches Title IX Coverage for Educational Institutions

Specialist insurer Beazley has launched a comprehensive policy designed to cover infringements of Title IX, the federal law prohibiting discrimination based on sex in any public education program. The policy provides coverage for employment practices liability (EPL) and sexual misconduct …

Agencies Form Venture to Accelerate, Invest in Insurtech Startups for Agents, Brokers

Six insurance agencies from across the country have joined together to form a program specifically for investors and innovators behind technology innovations for insurance agencies and brokerages. The new entity, BrokerTech Ventures, aims to invest in the research and testing …

Insurance Highway Institute Gives Tesla’s Model 3 Top Safety Rating

Tesla Inc.’s Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla to do so. The IIHS has given the Model 3 its highest rating, top safety pick+. …

Group Says FEMA’s Flood Home Buyouts Take Too Long

For those who want to move out of a flood zone, the wait time for a home buyout can stretch five years or more, according to the Natural Resources Defense Council (NRDC), which analyzed nearly 30 years of data from …

U.S. Consumer Agency Says Financial Complaint Database to Remain Public

The top U.S. consumer watchdog will keep consumer complaints against financial firms public despite pressure from the companies, but the agency said on Wednesday it will make changes to the way those complaints are filed. The decision to retain the …

How Pharmacies Are Resisting Amazon’s Attempt to Corner Their Business

Getting into the pharmacy business was easy for Amazon.com: It paid $753 million to buy the mail-order startup PillPack. The hard part has been prying patients away from their local drugstore. Since being acquired by the internet giant, PillPack has …

Nationwide’s Digital Storefront Targets Small Business Market

Nationwide said it has formally launched a commercial insurance digital storefront targeted to small businesses. Small business owners will be able to use the site online directly to generate a quote and bind a policy, or do the same thing …

Spencer Educational Foundation Taps Miller for New Executive Director Position

The Spencer Educational Foundation announced the addition of Megan Miller as executive director, a new position. Miller will oversee the foundation’s day-to-day operations including the administration of grants, the Risk Manager in Residence program for universities, and the scholarship and …

Americans Failing to Act on Cyber Risk Concerns, Chubb Survey Finds

When it comes to cybersecurity, Americans say they are concerned, but many are not taking the preventative steps needed to protect themselves from a cyber attack. According to Chubb’s Third Annual Cyber Report, complacency seems to have taken hold: eight-in-10 …

FAA Invites Global Regulators to Meet Over Boeing 737 Status

Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal briefing in Montreal next week on the status of the grounded Boeing 737 MAX, according to an email seen by …

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