National News

Lyft, Uber Shift Some Risk to Captive Insurers

Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks of managing millions of drivers on the road: Creating their own insurers in Hawaii. On Friday, Lyft told potential investors …

Pedestrian Fatalities Continue to Rise

A new report projects that 6,227 pedestrian fatalities occurred in 2018, the highest number in nearly three decades. Pedestrians will account for 16 percent of all traffic deaths in 2018, compared to 12 percent in 2008. While advancements in motor …

2 Fatal Tesla Crashes in Florida Trigger Federal Safety Investigations

U.S. authorities are investigating a fatal Tesla Inc. Model S crash in Florida last Sunday that killed the driver and caused a massive fire, the second fatal Tesla crash in the state this week being probed, the National Highway Traffic …

Democrats Propose Ban on Mandatory Arbitration in Employment, Consumer Contracts

Six Google employees on Thursday joined U.S. lawmakers to support bills that would ban mandatory arbitration in employment and consumer contracts, as the workers seek to build on recent success in getting the Alphabet Inc company to drop some arbitration …

The $900 Billion Auto Aftermarket: Where Total Losses Turn Into Big Gains

Mike Rosser, a 41-year veteran of the salvage car business, remembers a day when auctions for junked cars drew 30 guys standing in the sun, inspecting mangled cars for intact alternators and transmissions. On this February morning, though, the suburban …

Lawmakers Cite Own Experiences in Grilling Drug Executives on Prices

Channeling the ire of constituents and drawing from personal experience, senators chastised drug company executives Tuesday over the high cost of prescription medications, while the CEOs warned that government price controls could stifle breakthroughs on diseases like Alzheimer’s. The Senate …

Berkshire Hathaway GUARD Adds Commercial Package Product

Berkshire Hathaway GUARD Insurance Companies is adding a commercial package product that will include coverages for property, general liability, umbrella, and employment-related practices liability insurance (EPLI). The company plans to launch the product in Pennsylvania in early April with other …

Virgin Islands Storm Repairs May Be Jeopardized by FEMA, Contractors Dispute

Companies rebuilding storm-damaged homes in the U.S. Virgin Islands under a federally funded program say they haven’t been paid in months and are threatening to place liens on the houses. The dispute highlights what critics call the slow pace at …

White House Eyes Panel to Question Climate Threat to Security

The White House is advancing plans to form a presidential panel that will question science used in U.S. military and intelligence reports showing that human-driven climate change poses national security risks, according to a source briefed by participants in the …

How People Rationalize Bad Choices

When a reward is tempting enough, people will break their own moral codes to gain the desired prize. Afterward, they’ll tell you exactly how they were justified: “It wasn’t as if anyone was harmed,” “I was only borrowing …,” “My …

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