National News

Lawsuits Targeting E-Cigarettes Increase Along with Death, Illness Reports

Several deaths and potentially hundreds of illnesses have been tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking. Lawsuits have been filed against e-cigarette maker Juul and more are expected amid increasing scrutiny. The following …

Agency Vows Lower Cyber Insurance Deductible for Multi-factor Verification

Coalition, a cyber insurance agency for small and midsize businesses, has launched an incentive program to reward policyholders who implement multi-factor authentication (MFA, also commonly known as 2FA) on their business email accounts. Coalition said recent reporting shows that enabling …

IRS Makes Settlement Offer to Taxpayers Involved in ‘Dirty’ Micro-Captive Insurance

The Internal Revenue Service said it is mailing a time-limited settlement offer for certain taxpayers under audit who participated in what the IRS calls “abusive micro-captive insurance” transactions. The IRS has been warning about these micro-captives for several years and …

Startup Agency Zeguro Helps Businesses Manage Cyber Risk and Insurance Premiums

Insurtech Zeguro has launched its platform designed to help small and midsize companies manage cyber threats in multiple ways. The San Francisco-based managing general agency describes itself as an “end-to-end cyber safety platform and insurance provider.” Its new platform includes …

Amazon Under Scrutiny Over Claims of Unsafe Conditions for Delivery Drivers

Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery contractors that violate labor laws by imposing unfair conditions on drivers delivering packages for the e-commerce company. The senators, in a letter to Chief Executive Officer Jeff …

Facing Thousands of Opioid Lawsuits, Purdue Pharma Files for Bankruptcy Protection

OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic. Purdue’s board met Sunday evening to approve the long-expected bankruptcy filing, …

Bill Would Allow Service Members to Sue Military for Medical Malpractice

U.S. Senators John Kennedy (R-La.) and Mazie Hirono (D-Hawaii) have introduced legislation to allow active duty service members to sue the military for medical malpractice and negligence. A Supreme Court decision in 1950 banned active duty service members from suing …

Pharmacies, Distributors Say Opioid Case Judge Biased, Seek Removal

AmerisourceBergen Corp., Cardinal Health Inc., CVS Health Corp. units and other prescription drug distributors and pharmacies moved to bounce Cleveland federal judge Dan Polster from the massive opioid liability case he’s overseeing, claiming he’s likely biased against them. The Saturday …

Willis Towers Watson, Sompo GRS Launch Middle Market Real Estate Platform

Willis Towers Watson has entered into a strategic partnership with Sompo Global Risk Solutions (GRS) to create an integrated insurance platform to serve the needs of the middle market commercial real estate segment. The Willis Towers Watson Retail, Office and …

Insurers Looking to Add Jobs in Low Unemployment, High Tech Environment

About 62 percent of insurance companies polled said they intend to increase staff in the next 12 months, according to the latest U.S. Insurance Labor Outlook Study conducted by recruitment firm The Jacobson Group and insurance and professional services firm …

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