National News

30 Years of UIM Coverage Rules Are Wrong, North Carolina Supreme Court Says

North Carolinians can no longer stack underinsured motorist policies to compare to liability limits in order to boost the amount of coverage in an accident, the state Supreme Court said last week in a decision that overturns 30 years of …

Study: Most New Doctors Face Some Form of Sexual Harassment, Even After #Metoo

More than half of all new doctors face some form of sexual harassment in their first year on the job, including nearly three-quarters of all new female doctors and a third of males, a new study finds. That’s actually down …

Johnson of Protective Insurance Joins CLARA Analytics Board

CLARA Analytics named Jeremy Johnson, former CEO of Protective Insurance, to its board of directors. Johnson is the former CEO and board member of Protective Insurance, a publicly traded insurer providing insurance, loss control, and claims capabilities to the transportation …

Fires From 2023 Smoldering Under Snow Reveal Canada’s Dangerous New Reality

As skiers glide down the slopes of British Columbia’s Whistler Mountain and ice fishers drop their lines into frozen lakes in Alberta, dozens of the fires whose smoke darkened North America’s skies last year are still burning — with some …

As Boeing Turbulence Persists: A Look at Past Crashes and Safety Issues Involving The Plane Maker

Boeing keeps hitting more and more turbulence. The American plane maker has been under intense pressure since early January, when a panel blew off a brand-new Alaska Airlines 737 Max midflight. That’s spotlighted a lengthy series of safety and manufacturing …

Mexico’s Lawsuit Against Arizona Gun Dealers Can Proceed, US Judge Rules

A U.S. judge on Monday ruled that the Mexican government could move forward with a lawsuit accusing five Arizona gun dealers of participating in the trafficking of weapons and ammunition to drug cartels across the U.S.-Mexico border. U.S. District Judge …

Raging Storms Pushed Disaster Damages Above $100 Billion in 2023

Around the world, insured damages inflicted by natural catastrophes are climbing fast and set to double in roughly 10 years, the Swiss Re Institute — the research arm of the giant reinsurance firm — said in a report published Tuesday. …

Maxeon Solar Files Patent Infringement Lawsuit Against Canadian Solar

Singapore-based Maxeon Solar said it had initiated a patent infringement lawsuit against solar technology firm Canadian Solar in the Eastern District of Texas. The lawsuit alleged infringement of Maxeon’s patents related to TOPCon solar cell technology. Canadian Solar did not …

2023 Underwriting Losses Improve but Persist in U.S. P/C Industry

The U.S. property/casualty insurance industry recorded a slight underwriting improvement in 2023, but losses persisted, according to a new AM Best report. Preliminary data from the global credit rating agency shows that the industry posted a $21.2 billion net underwriting …

5th Circuit: Chubb Must Cover SXSW in Suit Over Cancelled 2020 Festival

The 5th Circuit Court of Appeals ruled that Chubb must cover restitution claims paid to ticket holders of the 2020 South by Southwest film festival cancelled due to COVID-19. A three-judge panel reversed a summary judgment in favor of Federal …

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