National News

U.S. Government Steps Up Warnings to Businesses Over Foreign Hackers

The Trump administration on Monday launched a drive to push U.S. firms to better protect their trade secrets from foreign hackers, following a slew of cases accusing individuals and companies of economic espionage for China. U.S. companies hit by recent …

7 Areas of Directors & Officers Liability to Watch in 2019

Risk management involves looking around the corner to spot future threats. When it comes to director and officer liability, the question is this: What’s on the horizon for directors and officers in 2019? Here are seven critical areas of risk …

California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re

The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last year’s natural disasters pointed to “clear …

Safety Sharing Economy: Toyota Offers Its Driver Assistance Technology to Competitors

Toyota Motor Corp. — in an unusual move for the cut-throat car business — has decided to share with rivals an automated safety system that uses self-driving technology to keep cars from crashing. The system, known as Guardian, will take …

Khalaf to Take Over as MetLife CEO from Kandarian on May 1

MetLife Inc. appointed Michel Khalaf president and chief executive officer, succeeding Steven Kandarian. Khalaf, 54, will take over on May 1, the company said Tuesday in a statement. He is currently president of the company’s U.S. and Europe, Middle East …

Supreme Court Won’t Hear Bid to Reinstate Trinity Guardrail Fraud Judgment

The U.S. Supreme Court on Monday turned away a whistleblower’s bid to revive a $663.4 million judgment against Trinity Industries Inc. in a lawsuit accusing the company of failing to tell a federal agency about changes made to a guardrail …

Smart Car Makers See Safety Enhancements Turning Into Revenue Opportunities

As vehicles get smarter, your car will be keeping eyes on you. This week at CES, the international consumer electronics show in Las Vegas, a host of startup companies will demonstrate to global automakers how the sensor technology that watches …

CorPro Underwriting Managers Expands AIG Management Liability Offering

CorPro Underwriting Managers has expanded its availability of several new key coverage enhancements under the Private Edge Plus and Not-for-Profit Risk Protector products (directors and officers, employment practices, fiduciary and crime insurance coverages) offered to SME businesses on a national …

U.S. Supreme Court Declines to Hear Fiat-Chrysler Appeal in Auto Hacking Case

The U.S. Supreme Court on Monday declined to hear Fiat Chrysler‘s appeal in a class action lawsuit over allegations that its Jeeps and other trucks are vulnerable to hacking, one of the first legal cases involving automotive cyber security risks. …

Exxon Bid to Halt Climate Change Probes Rejected by U.S. Supreme Court

The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether the oil company for decades concealed its knowledge of the role fossil fuels play in …

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