National News

Senators Push Regulator to Finalize Drone ID System

Two U.S. senators on Monday urged U.S. Transportation Secretary Elaine Chao to finalize a long-delayed rule that would require the remote identification of unmanned aircraft systems, or drones. The U.S. Congress tasked the Federal Aviation Administration (FAA) in 2016 with …

Boeing’s Legal Woes Over Crashes Mount with Negligence Suits by Families

Boeing Co. was sued Monday by two Canadians who lost 10 family members in the March crash of a 737 Max in Ethiopia, adding to the aircraft manufacturer’s legal woes stemming from two deadly crashes by the jet. Among the …

New Everest Insurance Management Liability Policy Targets Public Companies

Everest Insurance has released a new Everest Elevation Management Liability Policy, which provides comprehensive coverage for publicly traded companies across all industries. Everest Elevation joins the insurer’s management liability primary product suite. According to Keith Lavigne, head of Financial Lines …

MyNewMarkets.com Upgrades With New Agent Features, Enhanced Search

MyNewMarkets.com today unveiled a redesign with new features for both agents hunting for insurance markets and providers offering solutions. The site, first launched in 2007, is now the leading search engine helping insurance agents find property/casualty insurance markets. Its database …

Beazley-Led Consortium to Offer Corporate C-Suite Reputational Risk Coverage

Specialist Lloyd’s insurer Beazley is partnering with other Lloyd’s insurers to offer reputational risk coverage targeted towards C-suite exposures. The Beazley Custodian Consortium at Lloyd’s provides reputational risk coverage for clients throughout the lifespan of a crisis. Clients will have …

Risk Managers Rank Economic Slowdown, Damage to Reputation as Top 2 Risks: Aon

Economic and global trade concerns are challenging organizations’ ability to invest adequately in preparing for and protecting the continuity of their operations, according to findings from Aon’s 2019 Global Risk Management Survey, which aims to identify the challenges organizations face …

Getting Americans to Stop Using Phones While Driving

The distracted driving report by Zendrive, a traffic-data startup, makes it clearer and clearer each year that millions of Americans can’t stop themselves from talking, texting and livestreaming—yes, even using FaceTime—while driving. The results have been increasingly unsettling, showing that …

How Much Do Facebook Users Really Care About Privacy?

Facebook Inc. is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter. It has been just over …

Insurance Institute Calls for Rear Seat Safety Upgrades

The Insurance Institute for Highway Safety says in a new report that safer restraint systems are needed for the back seats of cars. The study finds that rear-seat safety has not kept pace with front-seat safety and it has been …

FEMA Chief Urges New Culture of More Individual Responsibility for Disaster Mitigation

Americans must assume more responsibility for protecting themselves from the rising toll of natural disasters, the head of the Federal Emergency Management Agency warned. “Most people think, ‘I see it on TV, it’ll never happen to me — I’m not …

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