National News

Travelers Teams with Amazon to Offer Smart Home Products, Insurance Quotes

The Travelers Companies Inc. is teaming up with Amazon to offer smart home kits, insurance quotes and risk management information through a digital storefront: Amazon.com/Travelers. Customers will be able to obtain smart home kits at discounted prices in participating states. …

Hurricanes Behind Cuts in Earnings Estimates for AIG, Chubb, Other S&P 500

The S&P 500 has plummeted more than 5 percent since early October. The culprit: slowing earnings growth stemming from rising interest rates and oil prices, according to Goldman Sachs Group Inc. That straightforward theory might work as a catch-all, but …

Judge Rules Trump’s Tweet Over Stormy Daniels Was Free Speech, Not Libel

Stormy Daniels’s libel lawsuit over a tweet by Donald Trump accusing her of “a total con job” was thrown out by a judge who said the president was engaging in free speech. The adult film star, whose real name is …

Drug Ads on TV Would Show Prices Under Trump Administration Proposal

The U.S. government, in an effort to increase pressure on drugmakers to lower costs for U.S. consumers, said on Monday it will propose requiring companies to include the price of their prescription medicines in television ads. Health and Human Services …

Worldwide Facilities Restructures; Promotes Stuckman, Haldeman to President Roles

National wholesale brokerage, managing general agent and program underwriter Worldwide Facilities has announced a restructuring that reorganizes operations into three divisions: Worldwide Brokerage, Worldwide MGA, and Worldwide Programs. The move is in response to the Los Angeles-based firm’s fast growth …

Judge Rules Government, Not President, Can Be Sued Over Climate Change

A group of young Americans suing the federal government over lack of action to fight climate change can proceed with their lawsuit, but U.S. President Donald Trump cannot be named as a defendant, a federal judge ruled on Monday. The …

International Marine Underwriters Adds Cyber Coverage to Marine Policies

International Marine Underwriters (IMU), a member of OneBeacon Insurance Group, has expanded its product offering with information risk coverage to address a broad range of cyber incidents including data breach, threat of intrusion or interference with computer systems, damage to …

Marsh McLennan Acquisition of JLT Clears Key U.S. Antitrust Hurdle

The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson Group (JLT) by New York-headquartered Marsh & McLennan Companies (MMC) and granted permission for the transaction …

Zurich North America Names Butt to Lead Casualty for Commercial Insurance

Valerie Butt has been named Head of Casualty for Zurich North America Commercial Insurance. Butt will lead the casualty business with responsibility for new and renewal business. Butt takes on the role that was vacated when Brandon Fick was named …

U.S. Moves to Permit Euro-Style, Low-Glare Headlights

The National Highway Traffic Safety Administration said it is moving to allow advanced headlights known as “adaptive driving beams” to be used in vehicles on U.S. roads that could help prevent nighttime crashes. The agency said it was acting in …

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