February 12, 2019
U.S. health officials are telling doctors to be on the lookout for a rare cancer linked to breast implants after receiving more reports of the disease. The Food and Drug Administration sent a letter to family doctors, nurses and other …
February 12, 2019
Berkshire Hathaway’s Insurance Group has launched a comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate’s legendary chairman has endorsed it. The product, dubbed THREE, is three-pages long, and combines coverage for workers compensation, multiple liability …
February 11, 2019
Specialist insurer Beazley has launched site lender environmental asset protection (SLEAP) cover to protect banks and other lenders from pollution risks that could seriously impair the value of property used as collateral for commercial loans. In the event of both …
February 11, 2019
Catastrophe claims and a disappointing investment performance drove commercial lines insurer CNA Financial Corp. to an $84 million loss in the fourth quarter of 2018. The quarter’s $84 million net loss compare to $223 million in net income in the …
February 11, 2019
Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according to Aon’s Global Catastrophe Recap – January 2019. The report listed the winter storm events in the U.S. during the …
February 11, 2019
New research suggests that drivers who use hands-free electronic devices, as opposed to handheld ones, are not increasing their risk of getting into a crash. According to the research from Virginia Tech Transportation Institute (VTTI), with hands-free technology, drivers can …
February 11, 2019
Oregon Sen. Ron Wyden proposed legislation Friday that would give states a free hand to allow legal cannabis markets without the threat of federal criminal intervention, the latest push in Congress to bolster the nation’s burgeoning pot industry. The proposal, …
February 11, 2019
The commercial drone industry could be torpedoed if there were a serious accident involving a drone and a commercial aircraft, the chairman of the U.S. House Transportation and Infrastructure Committee warned on Friday. Representative Peter DeFazio, a Democrat, said in …
February 11, 2019
U.S. lawmakers are pushing for stronger aviation security with a bipartisan bill that would require passenger airlines to install secondary security doors between cabins and the cockpit on current aircraft to prevent another Sept. 11-style attack. Hijackings remain a threat …
February 11, 2019
The Financial Stability Board needs to commit more resources to identifying new threats while reviewing existing reforms for refinement, its chair said Sunday. Randal Quarles, who took over as chair of the FSB in November and is the U.S. Federal …