August 15, 2019
U.S. aviation regulators are increasingly convinced they don’t need to mandate new simulator training for pilots of Boeing Co.’s 737 Max before returning the grounded jet to service, according to people familiar with the discussions. Pilots would be required instead …
August 15, 2019
Fidelity Investments on Wednesday won its court battle with the U.S. Internal Revenue Service over tax credits for the production of chemically treated coal. U.S. Tax Court Judge David Gustafson ruled at a court hearing that a partnership led by …
August 15, 2019
Marijuana access leads to reductions in opioid-related deaths, according to new research using data from 1999 through 2017. Investigators found that legalization and access to recreational marijuana cause a significant decline in opioid mortality with particularly pronounced benefits in states …
August 15, 2019
Don’t be lulled by a quiet June and July, the real Atlantic hurricane season is about to kick off. The hurricane season generally runs from June 1 to the end of November. But the next six weeks — “the season …
August 14, 2019
U.S. drug overdose deaths had been most common in Appalachia and other rural areas in recent years, but they are back to being more concentrated in big cities, according to a government report Friday. The Centers for Disease Control and …
August 14, 2019
The nation’s excess and surplus lines insurance industry is growing almost 13 percent faster halfway through this year than it did last year at this time. Mid-year premium growth reported by the 15 excess and surplus lines (E&S) stamping/service offices …
August 14, 2019
Fidelity Investments’ courtroom battle with the IRS over disallowed tax credits drew to a close on Tuesday when lawyers clashed over whether the mutual fund giant was a bonafide partner in the production of chemically treated coal. U.S. Tax Court …
August 14, 2019
Some global reinsurers have chosen to stop retrenching from catastrophe risks, deciding instead to take advantage of higher premium rates and increase their exposure, according to S&P Global Ratings. Although risk discipline is likely to prevail, global reinsurers’ greater exposure …
August 14, 2019
It’s a well-trodden truth in our industry that not all risks are created equal, and for insurers, that some risks are riskier than others. However, new technologies mean new avenues of innovation for insurers to explore, providing opportunities to drastically …
August 14, 2019
U.S. airline safety regulators banned select MacBook Pro laptops on flights after Apple Inc. recently said that some units had batteries that posed a fire risk. In a statement, the U.S. Federal Aviation Administration said it was “aware of the …