National News

Boeing Aims to Move Lion Air Crash Lawsuit from Chicago HQ to Indonesia

Faced with lawsuits over a plane crash half a world away, Boeing Co. is arguing it shouldn’t have to defend itself in a courtroom a short walk from its corporate headquarters. The world’s largest planemaker has indicated in court filings …

Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report

Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to $1.2 billion, or 70 percent of the level for all of 2018, cyber-security firm CipherTrace said on Tuesday. The value …

Internet Privacy Bill Proving Struggle for Congress

Lawmakers drafting a bill to create rules governing online privacy hope to have a discussion draft complete by late May with a Senate committee vote during the summer, but disputes are likely to push that timetable back, according to sources …

Risk Managers Reminded of Strategies for Coping with Disasters in Their Many Forms

Preparing for the unthinkable requires a lot thought. Risk management professionals this week cautioned audiences of the myriad pitfalls in planning for catastrophes during the Risk & Insurance Management Society’s annual conference at the Boston Convention and Exhibition Center. Corporations …

Weed Killer Chemical Glyphosate Is Not a Cancer Agent, Says EPA, Contradicting Juries

The U.S. Environmental Protection Agency said on Tuesday that glyphosate, a chemical in many popular weed killers, is not a carcinogen, contradicting recent decisions by U.S. juries that found that it caused cancer in people. The EPA announcement reaffirms earlier …

Atlas General, Bascule Underwriting to Offer Workers’ Comp for Equine Industry

Atlas General Insurance Services has collaborated with Bascule Underwriting, specialists in equine insurance, to provide an exclusive workers compensation product for horse farm owners. The program will be administered by Atlas and distributed through Bascule’s network of independent agents/brokers. The …

Why the Missouri River Is Just Going to Keep On Flooding: Viewpoint

The Missouri River used to be out of control. “It cuts corners, runs around at nights, fills itself with snags and traveling sandbars, lunches on levees, and swallows islands and small villages for dessert,” is how the humorist George Fitch …

CNA Financial Reports 17.5% Jump in Q1 Net Income

CNA Financial Corp. reported first quarter 2019 net income of $342 million, up 17.5 percent over the $291 million reported for the same period in 2018. The company saw a big improvement in its first quarter results over its Q4 …

Hiscox Appoints Hill from Blackboard Insurance Co. as Head of Claims in the U.S.

Hiscox, the Bermuda-headquartered specialist insurer, announced the appointment of Melissa Hill as head of Claims in the United States. Hill, who has more than a decade of experience in claims operations, will oversee the strategic direction and performance of the …

Not All Analysts Still See Berkshire Hathaway As a Buy

Two longtime analysts of Berkshire Hathaway Inc. appear deeply divided over prospects for the company led since 1965 by billionaire Warren Buffett, in reports issued on Monday ahead of this weekend’s shareholder extravaganza. Jay Gelb of Barclays Capital, who rates …

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