National News

AAA Bond Ratings Still Being Issued to Coastal Cities Threatened by Climate Change

Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change – or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate advocates cheered, hoping the prospect of …

FDA Approves Powerful Opioid Pill as Alternative to IV Painkiller

U.S. regulators on Friday approved a fast-acting, super-potent opioid tablet as an alternative to IV painkillers used in hospitals. The decision by the Food and Drug Administration came over objections from critics who fear the pill will be abused. In …

Commentary: Digitizing Claims Processing Can Be a Real Claim to Fame

By enabling anytime, anywhere accessibility to a simpler self-service online system, forward-thinking carriers can digitize claims processing, making it dramatically simplified, intelligent, and cost-effective, while boosting customer loyalty at the same time. The argument of ‘digital versus brick-and-mortar’ is almost …

Federal Agencies Clash on Cellphone Cancer Risk

Two U.S. government agencies are giving conflicting interpretations of a safety study on cellphone radiation: One says it causes cancer in rats. The other says there’s no reason for people to worry. No new research was issued Thursday. Instead, the …

NFL, College Teams Discuss Consistency in Rules, Safety

The call on the field – is for consistency and simplification at different levels of football. The NFL held a “Universal Rules Alignment Meeting” at its headquarters in New York last week, with league football operations chief Troy Vincent and …

Uber Requests Permission to Resume Self-Driving Car Tests on Public Roads

Nearly eight months after one of its autonomous test vehicles hit and killed an Arizona pedestrian, Uber wants to resume testing on public roads. The company has filed an application on with the Pennsylvania Department of Transportation to test in …

Berkshire Profit Surges as Buffett’s Insurers Weather Storms

Berkshire Hathaway Inc.’s insurers dodged the worst of losses caused by Hurricane Florence as the businesses kept up their rebound from a rough 2017. The company’s operating profit doubled last quarter, capitalizing on trends ranging from more train traffic on …

Uber Accused by Maimed Rider of Impeding Search for Driver

A woman who claims she was run over on a California freeway last year after an enraged ride-hailing driver ordered her out of his car is still trying to find him. Uber Technologies Inc. says the “mystery driver” isn’t one …

People News: J.D. Power, ICORP, Berkley Equine & Cattle

J.D. Power Hires Schmitt as Managing Director of Global Insurance Practice Kyle Schmitt, an expert in insurance and corporate strategy, has been hired as managing director of the Global Insurance Practice at J.D. Power, the global leader in industry intelligence …

InsurTech Strikes: How AI and Machine Learning Are Redefining the Insurance Industry

The insurance industry has operated with great consistency and clear processes for many years. People may not always like or agree with how things work, but nearly everyone from the consumer to the provider essentially goes with it — no …

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