National News

Gun Maker Remington to Appeal Connecticut’s Sandy Hook Ruling to Supreme Court

Having failed in Connecticut state court to block all claims brought by families of children killed in the Sandy Hook Elementary School shootings, gun manufacturer Remington Arms Co. has signaled it will appeal its case to the U.S. Supreme Court. …

NIF Announces New Program for Members of Landscape Professionals Association

Program administrator NIF Group. announced a new Landscapers Package Insurance Program designed for members of the National Association of Landscape Professionals (NALP). The program targets landscaping risks including landscape maintenance, lawn care service, hardscaping, and similar operations. Coverages including general …

What’s In Store for Insurance Industry As It Enters Post-Digital Era?

The insurance industry is entering a new “post-digital” era where success is based on an organization’s ability to master artificial intelligence (AI) and other new technologies. The post-digital era doesn’t mean that digital is over, but rather that it’s no …

Hotel Websites Leak Guests’ Personal Data to Third Parties

Two out of three hotel websites inadvertently leak guests’ booking details and personal data to third-party sites, including advertisers and analytics companies, according to research released by Symantec Corp on Wednesday. The study, which looked at more than 1,500 hotel …

Digital Commercial Lines Broker Embroker Raises $28 Million

Digital insurance broker Embroker announced its $28 million Series B funding round. Embroker said it will use the funding to scale adoption of its insurance management platform, data-driven service offering, and proprietary insurance policies. The round was led by Tola …

Yahoo Data Breach Settlement Revised to $117.5 Million

Yahoo has struck a revised $117.5 million settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history. The proposed class-action settlement made public on Tuesday was designed to address …

Reuters: J&J Refocused Baby Powder Marketing on Minority, Overweight Women

Pressure was mounting on Johnson & Johnson and its signature Baby Powder. In 2006, an arm of the World Health Organization began classifying cosmetic talc such as Baby Powder as “possibly carcinogenic” when women used it as a genital antiperspirant …

5 Steps to Improving Producer Hiring Results

As an agency owner, the success of your business is directly tied to your hiring process. Each bad hire can easily cost $100,000 to $200,000. However, good producers can add $1 million of annual revenue (which nets most owners around …

Senators Seek Probe of Pharmacy Benefit Managers’ Pricing Practice

Two U.S. senators have asked the inspector general of the Health and Human Services Department to investigate a practice by pharmacy-benefit managers known as spread pricing, as part of a wider inquiry by lawmakers into U.S. drug costs. Ron Wyden …

Axa XL Expands Inland Marine Coverage with Contractor’s Equipment Offering

Axa XL’s North America marine insurance business is expanding its inland marine business with a new contractor’s equipment product with a number of new coverages. “Contractor’s need a wider variety of equipment to get the job done than before,” according …

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