National News

Business News: Travelers, VenAssure, Sedgwick Make Announcements

Travelers Paying Claims with PayPal Travelers has launched a new service that allows auto, property and general liability policyholders to receive claim payments through PayPal. The carries link to PasyPal comes through Global Digital Disbursements, a service provided by Bank …

Trump Safety Pitch for Easing Car Standards Rebutted by Study

President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would result in higher costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor …

Teva’s Budding Blockbuster Drugs Lend Respite From Legal Concerns

Teva Pharmaceutical Industries Ltd. is preparing for a potential reckoning with the U.S. epidemic of opioid addiction. The drugmaker’s shares tumbled after it set aside $646 million to help pay legal expenses related to its alleged role in the abuse …

Retail Has Active Shooter Plans, But Training Hurt by Turnover

Most retailers have plans in place to deal with an active shooter, like the one that terrorized a Walmart Inc. store this past weekend in El Paso, Texas. But a hot job market has hit worker retention rates, making it …

Tesla Scrutinized by U.S. Agency Over Model 3 Safety Claims

The U.S. National Highway Traffic Safety Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and has subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy …

Novartis Drug Data Allegations Revive Questions Over Ethics

Concern over Novartis AG’s corporate culture returned to the spotlight after U.S. regulators said the Swiss drugmaker delayed disclosing manipulation of animal testing data for the world’s most expensive drug. The company became aware of a data problem on March …

CRU Group, RT Speciality, Lombardi Associates Make Appointments

CRU Group Hires CEO for US Claims CRU Group has appointed David Repinski as chief executive officer of CRU USA, which provides claims adjusting services. “The dramatic consolidation of the independent adjusting sector in the United States has created huge …

Opioid Distributors Propose $10 Billion to End State Claims

McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp. have proposed paying $10 billion to settle claims they helped to fuel the U.S. opioid epidemic — the first sign of progress in resolving state lawsuits against the drug distributors, according to …

Arizona Asks for US Supreme Court Involvement in Opioid Case

PHOENIX — Arizona’s attorney general on Wednesday asked the U.S. Supreme Court to force the Sackler family, which owns OxyContin-maker Purdue Pharma, to return billions of dollars they took out of the company. The court filing marks the first time …

Power and Tech Giants Fight Over Airwaves Space in the U.S.

As tropical storm Barry roared ashore in Louisiana last month, Entergy Corp. monitored the electric grid using airwaves that have long been reserved for utilities and first responders. Those secure, wireless signals helped the company manage outages, even while winds …

National News Archives by Month