National News

Supreme Court Upholds SEC on Scope of Securities Fraud Liability

The U.S. Supreme Court reinforced the Securities and Exchange Commission’s powers, upholding sanctions against an investment banker found to have duped investors about a startup company’s financial condition. The justices, voting 6-2, said Francis V. Lorenzo, who worked at Charles …

Every Day, More Than 200 Cars with Keys Inside Are Stolen in U.S.: NICB

U.S. motorists appear to forgetting one of the earliest lessons of car ownership: Don’t leave the keys in the car. The National Insurance Crime Bureau reports that the number of vehicles stolen because drivers left their keys or fobs in …

FDA Vows Tougher Testing as More Manufacturers Outsource

U.S. regulators plan to revamp rules governing how medicines are manufactured, in an effort to ensure the safety of the nation’s drug supply as recalls of contaminated imports from developing countries widen. “We’ve seen a lot of instances of adulterated …

ISO Offers Policy Rule, Rating Factors for Insuring Cars with Driver Assist Features

ISO has introduced a new policy manual rule and rating factors to help auto insurers underwrite and price coverage for the growing number of cars with advanced driver assistance systems (ADAS). ISO provides forms, rules and rating information for the …

FAA Plans Major Overhaul of Aviation Safety

The U.S. aviation regulator will significantly change its oversight approach to air safety by July following two fatal Boeing Co MAX 737 passenger plane crashes, according to written congressional testimony seen by Reuters. At a U.S. Senate Commerce subcommittee hearing …

Despite Licensing Hassles, More Doctors Moving to Telemedicine

Most doctors have a license to practice medicine in just one state. Lindsey Mcilvena can practice in 26. “I’ve lost track a little bit,” she said of all her medical licenses. Mcilvena is a telemedicine doctor, one of a growing …

Trump Now Sides With Those Hoping to Pull Plug on All of Obamacare

The Trump administration is siding with Obamacare opponents who argue that it is unconstitutional and should be scrapped entirely, initiating a new, more aggressive assault on the health care law that will assure the issue will be squarely at the …

Marsh Partners with Insurers on Program to Help Firms Pick Best Cybersecurity Products

What the insurance industry has done for auto and building safety products, insurance broker Marsh wants to extend to cybersecurity products. That is, recommend the cybersecurity products that are the most effective. The program, named Cyber Catalyst, calls on leading …

Berkley FinSecure Launches Embezzlement Insurance for Investors

Berkley FinSecure, a Berkley Company, has launched Capital Shield, an insurance product that covers individuals for embezzlement of their invested assets. The product has been launched with Capital Shield Inc. and Capital Shield Insurance Services and covers individual investors in …

Trump Eyes Bipartisan Deals on Infrastructure and Drug Prices

U.S. President Donald Trump is willing to work with congressional Democrats to lower drug prices for Americans and on infrastructure funding, White House adviser Kellyanne Conway said on Tuesday. Conway said the Trump administration considered those two issues as areas …

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