Monthly Archives: <span>October 2017</span>

New York Regulators Investigating NRA Insurance for Gun Owners

An insurance policy offered by the National Rifle Association is under scrutiny by insurance regulators after gun-control groups raised questions about how it’s being marketed. Carry Guard insurance was launched earlier this year by the nation’s most powerful gun lobbying …

Senate Passes $36.5B Disaster Aid Bill; President Signature Next

The Senate passed a $36.5 billion emergency aid measure Tuesday to refill disaster accounts, provide a much-needed cash infusion to Puerto Rico, and bail out the federal flood insurance program. The 82-17 vote sends the measure to the White House, …

Travelers’ 2017 Risk Index: Top Worries Center on Cyber, Driving and Workplace

According to the latest Travelers Risk Index, 52 percent of consumers say they think the world is getting riskier, down from 63 percent when the survey was launched in 2013. The 2017 index identifies the overall perception of risks for …

Fighting Commercial Auto Frequency, Severity Drivers With Technology

Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit last week. There’s been a focus on commercial auto underwriting losses …

Asbestos, Dry Cleaning Agent Among 10 Chemicals Under EPA Review

Under a congressional mandate, the U.S. Environmental Protection Agency is reviewing 10 chemicals to determine if they pose an unreasonable risk to human health or the environment and should be subject to additional regulation. They range from asbestos, which was …

Survey Reveals Bullish but Measured Outlook in Race to Self-Driving Cars

As Congress makes headway on legislation to expedite the rollout of self-driving cars, automotive and technology companies are already forging ahead in spite of lingering regulatory uncertainty and other challenges, according to a new survey conducted by law firm Foley …

Fiat Chrysler Requests New Trial After $40M Jeep Fire Award

After a family was awarded $40 million in the death of a 4-year-old boy in a Jeep fire, Fiat Chrysler on Tuesday asked the Georgia Supreme Court for a new trial or for the award to be reduced. Remington “Remi” …

Business News: Safety National, Starr Companies, Paradigm Outcomes, Willis Towers Watson

Safety National Adds Cyber Risk Insurance to Product Offerings Safety National has entered the cyber risk insurance marketplace with a portfolio of coverage to assist companies in addressing global network security and privacy breach incidents. Safety National’s cyber risk insurance …

Cellphone Use While Crossing a Street Now Banned in Honolulu

A new city ordinance that makes it illegal to look at a cellphone or other electronic device while crossing a street or highway in Honolulu officially goes into effect today. The electronic device pedestrian safety bill 6 (2017), CD2, FD2, …

California Launches Major Clean-up After Wine Country Wildfire

Government officials outlined plans Monday for what they say will be the largest fire clean-up in California history, aimed at removing hazardous substances and ash from 8,400 homes and other structures burned in Northern California wildfires. With hundreds of anxious …