National News

Top 15 Earthquake Insurance Companies

Earthquake coverage is available mostly from private insurance companies. In California homeowners can also get coverage from the California Earthquake Authority (CEA), a privately funded, publicly managed organization. Only about 10 percent of California residents currently have earthquake coverage, down …

Drug Maker Endo Skirts Trial, Settles Its Opioid Claims for $11 Million

Endo International Plc agreed to an $11 million settlement to avoid going to trial in the first federal court cases targeting opioid makers and distributors over the public-health crisis caused by the painkillers. Endo said Tuesday it will pay $10 …

The Politics Behind the Push for a Federal Marijuana Business Banking Law

Senator Jeff Merkley once shadowed a cannabis grower and dispenser as he tried to pay his state taxes. He stuffed a backpack with $70,000 in $20 bills and drove 50 miles — unguarded — with the bulging bag in the …

Panel Readies Report on FAA Certification Process for Boeing 737

An expert panel reviewing how the Boeing Co. 737 Max was certified is expected to cite a breakdown in communication following revelations that aviation regulators didn’t understand key design elements until the first of two deadly crashes of the plane. …

JenCap to Buy Program Administrator Aran Insurance Services

JenCap Holdings, a consolidator of specialty insurance businesses backed by The Carlyle Group, has agreed to acquire privately-held Aran Insurance Services Group, a specialty program administrator with offices in Arizona, Colorado, Massachusetts and New York. The acquisition of Aran is …

After Solar System Fires, Walmart Sues Tesla for ‘Widespread Negligence’

Walmart Inc. on Tuesday sued Tesla Inc., accusing it of “widespread negligence” that led to repeated fires of its solar systems and asking a court to force Tesla to remove solar panels from more than 240 of its U.S. stores. …

Cigna Eyes Sale of Group Life, Disability Business to Concentrate on Health: Reuters

U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday. The unit for sale offers disability …

3 Steps to Building an Agency Growth Machine

How much did your agency grow last year? How about in the past five years? If your answer is anything less than 10%, then this article is for you. In it, I want to share with you three keys to …

Industry Flexes Political Muscle in States to Criminalize Aggressive Pipeline Protests

After protesters disrupted construction of an oil pipeline in North Dakota by chaining themselves to construction equipment and pitching tents along the route, oil and chemical companies found a way to keep it from happening again. They made it a …

Companies Continue March Towards Robots; Orders Up 7.2% in First Half of Year

In the first half of 2019, the North American robotics market is up 7.2%. From January to June, North American companies ordered 16,488 robots, valued at $869 million. For all of 2018, orders totaled 28,478, which was 16 percent more …

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