National News

Research Shows Suburban Population Near Natural Gas Storage in 6 States

About 65% of active natural gas storage (UGS) wells in the United States are located in suburban residential areas and not in more sparsely populated commercial, industrial, or even rural areas like many new unconventional wells, according to a new …

Court Halts Trump Plan to Require Drug Prices in TV Ads

A federal judge on Monday dealt a blow to the Trump administration by striking down a new rule that would have forced pharmaceutical companies to include the wholesale prices of their drugs in television advertising. U.S. District Judge Amit Mehta …

Consultant Sees Larger, Fewer P/C Insurance Agencies Going Forward

There will be fewer insurance agencies operating in the property/casualty insurance industry in the future and those that remain will be larger and more tech-savvy, says an insurance-focused executive at the consulting firm, Ernst & Young (EY). Ed Majkowski, EY’s …

Cambridge Analytica Data Scientist Drops Defamation Suit Against Facebook

Aleksandr Kogan, the data scientist at the center of Facebook’s Cambridge Analytica privacy scandal, said he is dropping a defamation lawsuit against the social network rather than engage in an expensive, drawn-out legal battle. Kogan, 33, sued the social giant …

Brit Global Adds AIG, NAS Cyber Specialists to U.S. Cyber & Technology Practice

James Patterson and Ryan Mimmo have been appointed vice presidents of Cyber & Technology for Brit Global Specialty USA. They are based in San Francisco and New York, respectively, and are responsible for underwriting and supporting the growth of BGSU’s …

Affordable Care Act’s Fate Could Rest with Appellate Court’s View on Technical Matters

The fate of Obamacare, the law that President Donald Trump campaigned on repealing and replacing, could hinge on several technical points of law as a federal appeals court prepares to decide whether it’s unconstitutional. And the appeal of whatever the …

Court Holds Amazon Liable for Products of Other Vendors Sold on Its Site

A federal appeals court on Wednesday ruled against Amazon.com Inc. in a case that could expose the online retailer to lawsuits from customers who buy defective products from third-party vendors through its website. Numerous other courts, including two federal appeals …

The Value to Insurance Agencies of Value-Added Services for Clients

Let’s face it, insurance is a commodity. The insurance consumer will not see any significant value difference between insurance companies and insurance agencies. Products, price and service are roughly the same. Consumers have new options to access insurance through, as …

Las Vegas Shooting Victim’s Parents Sue Gunmakers Over Guns Altered by Bump-Stocks

The parents of one of the 58 people slain in a 2017 Las Vegas mass shooting sued the makers and sellers of the assault-style rifles used in the attack, saying they knew the weapons could be jury-rigged to work similarly …

Boeing Offers $100 Million, Beyond Lawsuits, to 737 Max Crash Victims

JULY 3, 2019 — Boeing Co. is offering $100 million to support the families of victims and others affected by two crashes of its 737 Max jetliner, which killed 346 people and have led to scores of lawsuits. The money …

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