National News

Walmart Suspends Sales of Zantac as Tainted-Pill Worries Grow

Walmart Inc. plans to suspend the sale of all over-the-counter versions of Zantac, becoming the latest retailer to take such a step as concern over the presence of cancer-causing contaminants in the stomach drug increases. The world’s largest retailer said …

Insurance Innovation Will be Shaped by Regulators

It’s no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and InsurTech industry experts said recently. “There will be more innovation and empowerment of the consumer, …

How Drones Are Accelerating Digital Transformation in the Insurance Industry

Somewhere in central Michigan, a pickup truck drives into a sleepy suburban neighborhood. An autonomous drone takes flight off the truck’s flatbed and, nearly silently, heads a half-mile east, slowing above a mid-20th century craftsman home that has clearly suffered …

Business News: Carpe Data, Betterview and Synpulse, Aon Make Announcements

Carpe Data Launches Data Set for Carriers Carpe Data announced the launch of a new commercial data set that it says will help property and casualty insurers better classify and understand risks. “With this launch, we’re delivering brand new data …

EagleView Wins $125M Patent Infringement Award, Sales Halt Against Verisk

A New Jersey jury last week ordered insurance data services firm Verisk to pay $125 million to aerial imaging firm EagleView for lost profits linked to Verisk infringing on various EagleView patents. The jury verdict in the U.S. District Court …

Boeing CEO Sees ‘Endgame’ in Drive to Lift 737 Max Grounding

Boeing Co. is in the “endgame” of preparing its 737 Max to return to the commercial market after two deadly crashes prompted a global grounding more than six months ago, Chief Executive Officer Dennis Muilenburg said in an interview. The …

Urgent Inspections of Older 737s Expected After Cracks Found

Hundreds of older Boeing Co. 737 NG aircraft around the world may have to be urgently inspected in coming days after the discovery of cracks in a part of the plane that holds the wings to the fuselage. The cracks …

UPS Drones Win Milestone FAA Permission to Take Off Shackles

United Parcel Service Inc. won U.S. certification to fly drones under regulations similar to those for airlines, a milestone that allows the company to vastly expand airborne deliveries. The Federal Aviation Administration gave the courier permission to use delivery drones …

Medical Imaging Technology Puts Doctors at Risk for Cancer

EVANSVILLE, Ind. — Dr. Chris Haughn was in his bedroom changing clothes to go to his children’s Christmas play when his first seizure hit. Milly Haughn, Chris’ wife, remembers she was fixing the hair for one of their daughters when …

Mitchell Teams With Qualcomm for Smart Glasses, Google for Claims Estimates

Mitchell International showed off its connections to big-name tech companies this week in announcing the launch of two insurtech products: One is an augmented reality “smart glasses” tool for auto collision repairs developed in conjunction with Qualcomm Technologies; the other …

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