National News

Growing Private Flood Market Will Test Claim Professionals

A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way. An executive for Munich …

Nike to Shut Down Oregon Project After Top Coach Is Banned

Nike Inc. is ending its Oregon Project supporting elite track athletes after a top coach was banned for violating anti-doping rules in a scandal that has engulfed the sport’s biggest corporate backer. A company spokesman confirmed the decision, which came …

FEMA Bought 44,000 Flood-Prone Homes and May Have to Buy Millions More

As the climate crisis worsens, more Americans will be forced from their homes. Many won’t be able to afford it, and the U.S. isn’t prepared for a massive, government-subsidized migration away from flood-prone areas, according to the first comprehensive analysis …

U.S. Appeals Court Will Not Disqualify Judge in Opioid Cases or Delay Trial

A federal appeals court on Thursday cleared the way for a landmark trial over the nation’s opioid crisis, rejecting a bid by eight drug retailers and distributors to disqualify the judge, and a request by Ohio and other U.S. states …

Viewpoint: Streamlining Claims Processing with Intelligent Process Automation

In recent years, the insurance industry has seen an influx of new market entrants seeking to disrupt and reinvent specific business segments by launching new products and services free of the expense and overhead of “traditional” players. These digital “InsureTechs” …

Mass Shooting Rumor In Facebook Group Shows Private Chats are Not Risk-Free

Ahead of the annual Blueberry Festival in Marshall County, Indiana, in early September, a woman broadcast a warning to her neighbors on Facebook. “I just heard there’s supposed to be a mass shooting tonight at the fireworks,” the woman, whose …

Cracks Found on 5% of Older Boeing 737 Planes in Inspections

More than 5% of older Boeing Co. 737 jets that underwent urgent inspections worldwide in the past week have cracks in a structure connecting the wings to the fuselage and will have to be temporarily grounded. So far, 36 of …

To Live or Die by Google Search Brings an Escalating Cost

“Where’s the best place to hide a body? The second page of a Google search.” The gallows humor shows that people rarely look beyond the first few results of a search, but Lee Griffin isn’t laughing. In the 13 years …

American Airlines Cancels 737 Max Flights Until Jan. 16

American Airlines Group Inc on Wednesday extended cancellations of Boeing 737 MAX flights through Jan. 15, running contrary to the U.S. planemaker’s promises that the grounded jets would be flying again before the year-end. The largest U.S. airline, which had …

Purdue’s Sacklers Get Closer to an Opioid Trial in Massachusetts

Purdue Pharma LP’s billionaire owners, the Sackler family, are a step closer to a trial in Massachusetts over their role in the opioid epidemic, after a judge said the state had made credible allegations of misconduct in marketing of the …

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