National News

Facebook Opposes Release of Privacy Reports Used to Settle Litigation

Facebook Inc. will seek to block disclosures from years’ worth of privacy reports it submitted to the U.S. Federal Trade Commission, according to filings in a lawsuit seeking the release of information in the documents. Facebook plans to intervene in …

Catastrophe Insurer Palomar Announces IPO Pricing, Shares Rise 1st Day of Trading

La Jolla, Calif.-based Palomar Holdings Inc. this week announced the pricing of its initial public offering of its common stock at a price of $15 per share and in its first day of trading on Wednesday it had at one …

Dodson Named NetVu Executive Director

The Vertafore technology users network, NetVU, has named Linda Dodson as executive director. Dodson’s career has included work in an insurance agency and with agency carriers. She began her insurance career with Rand Insurance Inc. in Riverside, Connecticut, in roles …

Everest Enhances Multinational Product with Combined Coverage Offering

Everest Insurance has launched Everest Alpine Insurance – an enhanced version of its Multinational coverage form. Everest Alpine Insurance offers clients with international exposures a combination of the following six lines of coverage: general liability, contingent auto liability, business travel …

Cyber Insurance Demand, Supply, Awareness Continue to Grow: Marsh

The message about the need to take cyber risk and insurance seriously is getting through to companies and boardrooms. “As risk awareness has grown, more organizations, particularly those focused on their business interruption risk, are turning to the cyber insurance …

Supreme Court Justices Politely Debate Offensive Trademark

U.S. Supreme Court justices tiptoed around the offensive word at the center of a free speech case on Monday as they considered a challenge to a federal law that restricts trademarks on “immoral” and “scandalous” words and symbols. The nine …

Partner Re Names Colello to Lead P/C Business in U.S., Canada, Latin America

PartnerRe announced that Jonathan Colello will join the company effective July 1, 2019, as chief executive officer for P&C Americas, and president of Partner Reinsurance Co. of the U.S. In his new role, Colello will have executive responsibility for leading …

Trump Clears Way for U.S. Suits Against Foreign Firms Operating in Cuba

The Trump administration will allow lawsuits in U.S. courts for the first time against foreign companies that use properties Communist-ruled Cuba confiscated after Fidel Castro’s revolution in the 1950s, a senior U.S. official said on Tuesday. The move, which will …

Digital or Plastic? Or Both? States Experiment with Driver’s Licenses

Millions of people may be able to show their smartphones rather than a plastic card to prove they’re legit to drive, vote or buy a beer in coming years. Louisiana in July became the first state to make digital licenses …

FDA Halts Sales of Surgical Mesh by 2 Firms Over Injury Claims

U.S. health regulators ordered two medical device companies to stop selling a surgical mesh used in pelvic repair surgeries, after thousands of claims by women that they were injured by the products. The Food and Drug Administration said it had …

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