INSURANCE NEWS
CVS Accused of Illegal Opioid Dispensing in Whistleblower Suit
CVS Health Corp. pharmacies illegally dispensed controlled substances including opioids, fueling an overdose crisis as short-staffed stores ignored red flags, the US Department of Justice alleged in a lawsuit unsealed Wednesday. The largest US pharmacy chain deliberately set staffing levels …
Amazon Faces Possible Strikes as Christmas Looms
Pressure is building on Amazon.com to come to the bargaining table with the Teamsters union as thousands of workers threaten to strike during the retailer’s busy holiday selling season. Workers in New York City, southern California and Skokie, Illinois, voted …
Three Dozen High-Rise Buildings in South Florida are Sinking, Study Says
SUNNY ISLES BEACH, Fla. (AP) — Almost three dozen high-rise condos and luxury hotels along the beach in South Florida are sinking or settling in unexpected ways, in some cases because of nearby construction, according to a new study. The …
Red Solo Cup Shooting Case Raises Thorny Questions About Course of Employment
It is safe to say most of us have enjoyed a beverage, adult or otherwise, in a red Solo cup. When we hear “Solo Cup,” many of us think of tailgates, picnics, or perhaps the late Toby Keith’s song “Red …
Highstreet Acquires Texas’ Collum Insurance Group
Highstreet Insurance Partners announced today its acquisition of Collum Insurance Group, LLC based in Richardson, Texas. Along with Collum’s 35 years of personal lines expertise, this transaction adds an additional location to Highstreet’s Gulf Region under Gulf Regional President, Vin …
OSHA Seeks to Fine Contractor $328K Over Alleged Repeat Fall Hazards at 3 Sites
Federal workplace safety officials have again cited a New Jersey construction contractor for allegedly repeatedly violating safety requirements at three North Jersey worksites, exposing employees to falls from elevations. The Occupational Safety and Health Administration said it inspected a RRC …
Viewpoint: Giving Thanks and Making a Wish List for US Insurance Regulation
The state of U.S. insurance regulation is almost certainly not a topic for most families this holiday season. Yet there is much to be thankful for as well as areas where we can do better. First, let’s be thankful for …
US Probes China-Founded Router Maker on National Security Fears
The US government has launched a national-security investigation into TP-Link, the China-founded router maker whose equipment now dominates the American market and has been targeted in repeated Chinese cyber attacks, people familiar with the matter said. The probe opens a …
Trump Transition Recommends Scrapping Car-Crash Reporting Requirement
The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla, according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety …
Millions of Homeowners May Be Underinsured Due to Secondary Structures: ZestyAI
Millions of U.S. homes are underinsured, not because of any added value in the homes, but because additional structures on the homeowner’s property have gone unreported and are without protection. Using artificial intelligence and aerial imagery to analyze one million …
US House Task Force Releases ‘Blueprint’ for Federal AI Responsibility
A U.S. House of Representatives task force on artificial intelligence on Tuesday released a report of more than 250 pages outlining the potential benefits and harms of the technology. The 24 members of the bipartisan House Task Force on Artificial …
Tampa Bay Rays Secure New Stadium as County Approves Bonds
The Tampa Bay Rays secured their future in west-central Florida as county officials approved a crucial bond sale for the team’s proposed new stadium. The Pinellas County Board of Commissioners voted Tuesday to green light more than $300 million of …