June 7, 2019
Walmart Inc. already sells more food than anyone else. Now it wants to put those groceries right in your fridge. Beginning this fall, about 1 million people in Pittsburgh, Kansas City, and Vero Beach, Florida, will be able to get …
June 7, 2019
House lawmakers demanded records from Boeing Co., one of its suppliers and U.S. aviation regulators on why a cockpit alert that might have helped pilots in two recent fatal 737 Max crashes was installed with a defect that made it …
June 7, 2019
CHICAGO — As technology eliminates claims jobs through automation, insurers will need to build new skill sets for the employees who remain, speakers said during the second and final day of the Insurance Nexus Connected Claims Conference. Eric Brandt, managing …
June 6, 2019
Insys Therapeutics Inc., grappling with the prospect of bankruptcy after its founder was convicted on racketeering charges, agreed to pay $225 million to settle U.S. claims that the drug maker illegally sold opioid-based painkillers. Under terms of the deal, Insys …
June 6, 2019
CHICAGO — The digital transformation of the insurance industry isn’t just for insurtech startups any more. At Allstate, 60 percent of claims are now filed with a cell phone application that allows policyholders to take photos of the damage, Chief …
June 5, 2019
More than 1 in 10 people with a range of non-cancerous lung diseases may be sick as a result of inhaling vapors, gas, dust or fumes at work, according to a joint American Thoracic Society and the European Respiratory Society …
June 5, 2019
Consumer advocate Ralph Nader said the larger engines mounted to the Boeing 737 Max represented a design flaw and called for the plane to be permanently grounded. The 737 Max “must never fly again,” Nader said. “It’s not a matter …
June 5, 2019
A federal judge in Florida has ruled that a policy exclusion for invasion of privacy claims relieved an insurer of any responsibility for a $60 million settlement against a Boca Raton company for violations of the Telephone Consumer Protection Act. …
June 4, 2019
NEW YORK — With an above-average percentage of its power generated from renewable sources and one of the largest battery storage operations in the United States, utility Sempra Energy seemed to check all the boxes for portfolio manager Todd Ahlsten, …
June 4, 2019
Satellites tracking water vapor in 2012 helped scientists accurately predict Superstorm Sandy’s frightening turn toward New York and New Jersey where it killed dozens of people and inflicted billions of dollars in damage. But now scientists are warning that their …