Trump Administration Halts Plan to Sideline Pharmacy Benefit Managers July 11, 2019 By Anna Edney The White House abandoned a push to end rebates paid to middlemen who negotiate drug prices on behalf of health...
Federal Court Says Amazon Can Be Sued Over Defective Product July 11, 2019 A federal appeals court has ruled that Amazon can be sued over a defective product sold by one of its...
Rhode Island Governor Signs Three Bills to Combat Opioid Overdoses, Deaths July 11, 2019 Rhode Island’s governor has signed three bills to combat opioid overdoses and deaths. Democratic Governor Gina Raimondo signed 71 bills...
Hub International Acquires Assets of Pennsylvania’s Cosaint Insurance Partners July 11, 2019 Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Cosaint Insurance Partners LLC. Terms of the...
Connecticut’s Halpert Insurance & Financial Services Joins SAN Group July 11, 2019 Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast, has announced that Halpert Insurance...
French Utility EDF Prepares Its Nuclear Reactors for Climate Change July 11, 2019 By Francois de Beaupuy Electricite de France SA is preparing its nuclear power facilities to operate in more severe heatwaves in the coming decades...
BHSI Opens Office in Germany, Names QBE’s Krause as Country Manager July 11, 2019 Berkshire Hathaway Specialty Insurance (BHSI) has appointed Andreas Krause as country manager for Germany and established a new office in...
Pakistan Examines Ways to Bolster Insurance Penetration July 11, 2019 By Faseeh Mangi Pakistan’s securities watchdog is examining ways to support the country’s struggling brokerage and insurance industries under its latest chief. The...
AM Best Affirms Credit Ratings of Lloyd’s July 11, 2019 AM Besthas affirmed the Financial Strength Rating of “A” (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Lloyd’s...
Marriott Faces $124M Fine for Massive Data Breach Under New Data Protection Rules July 11, 2019 By Patrick Clark and Jonathan Browning The massive hacking of Marriott International Inc. reservation databases could lead to a 99 million-pound ($124 million) fine as the...