National News

Latest Edition of AMA Guides Lowers Impairment Ratings in Workers’ Compensation

For workers injured at work, the amount of compensation they receive depends on which edition of the medical guidelines on evaluating impairments is used. The American Medical Association (AMA) Guides to the Evaluation of Permanent Impairment is used in workers’ …

SEC Actions Against Public Companies Surged in Second Half

The number of new U.S. Securities and Exchange Commission (SEC) enforcement actions against public companies and subsidiaries jumped substantially in the second half of fiscal year 2018. According to a report by the NYU Pollack Center for Law & Business …

Agents Warned About E&O Risks in Claiming Cyber, Cannabis Expertise

Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because both are relatively new exposures subject to changing regulations and coverages, producers marketing themselves as experts could face scrutiny, lawsuits …

Toy Wars: Lego Sues to Halt Sales of Zuru ‘Copycat’ Figurines at Walmart

Lego A/S wants to make sure any plastic toy figurine unwrapped in an American home during the holidays isn’t what the toymaker calls a copycat of its own products. The Danish toymaker is asking a federal judge in Connecticut to …

Analysts See Autonomous Flying Vehicles Taking Off

Flying cars, long a staple of science fiction, may be landing in the real world sooner than you think. Sleek vehicles floating above their more chaotic, terrestrial siblings are common trope in stories of a more technologically advanced future that …

5Star Specialty to Assume Distribution of Protective Insurance’s Public Auto Offering

Transportation industry insurer Protective Insurance Co. and 5Star Specialty Programs have expanded their partnership in the public auto market, a move that means 5Star will be Protective’s sole distribution source for its commercial auto insurance offering in the public auto …

How Different Generations of Business Owners Feel About Insurance Agents

Millennial business owners are more likely to work with insurance agents than those in other generations. What’s more, they’re seeking agent counsel on a variety of financial issues, according to Nationwide’s fourth annual Business Owner Survey. The insurer sees the …

Mother’s Voice More Effective in Smoke Alarm for Kids Than High-Pitch Tone

A sleeping child is more likely to be awakened by voice alarms than by traditional tone alarms, new research finds. The researchers found that a sleeping child is about three times more likely to be awakened by one of the …

New Consumer Financial Protection Bureau Chief Outlines Priorities

The new head of the U.S. consumer financial watchdog on Tuesday said she intended to continue some of the work begun by her predecessor Mick Mulvaney, including a review of decades-old rules preventing lending discrimination against minorities. Industry and consumer …

Current Congress Unlikely to Pass Federal Bill to Speed Up Driverless Vehicles

A landmark U.S. bill that would speed adoption of self-driving cars is now “a long shot” to pass before the current Congress adjourns in the coming weeks, a key Republican senator behind the legislation said. Many automaker lobbyists and congressional …

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