$6.4 Billion Suit Claims Bristol-Myers Delayed Cancer Drug to Avoid Shareholder Payment June 4, 2021 By Jonathan Stempel Bristol Myers Squibb Co. was sued for $6.4 billion on Thursday for allegedly delaying its Breyanzi cancer drug to avoid...
National Security Chief Warns Firms to Boost Cybersecurity as Ransomware Surges June 4, 2021 By Doina Chiacu The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware...
Despite Less Driving During 2020 Pandemic, Traffic Deaths Were Highest In 13 Years June 4, 2021 Even though Americans drove less in 2020 due to the pandemic, early estimates of crash fatalities from the U.S. Department...
Canadian Fintech Company Ratehub Launches Insurance Brokerage June 4, 2021 Canadian fintech company Ratehub Inc. has launched a property/casualty (P/C) brokerage called RH Insurance. Toronto-based Ratehub, which operates the financial...
Generali, Allianz Are Among Suitors for NN Group’s Asset Manager Arm: Sources June 4, 2021 By Jan-Henrik Förster, Sonia Sirletti and Lucca de Paoli DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm...
Willis Towers Watson Collaborates on Hurricane Insurance for Endangered Coral Reef June 4, 2021 Insurance broker Willis Tower Watson announced the launch of a multinational partnership to develop and implement insurance solutions that help...
Winners Announced for 6th Annual Efma-Accenture Innovation in Insurance Awards June 4, 2021 The winners of the sixth annual Innovation in Insurance Awards have been announced by Efma and Accenture, which jointly established...
Man Blinded by Bean Bag in Cleveland Racial Protest Sues Sheriff’s Deputy June 4, 2021 By Mark Gillispie A man hit in the face with a bean bag that left him blind in one eye during a racial...
People Moves: Domek Joins HOAIC in Illinois; United Heartland Promotes Richeson in Kansas City; Liberty Mutual, Safeco Name Meuret Midwest Field Exec June 4, 2021 HOAIC Homeowners of America Insurance Co. (HOAIC), an Irving, Texas-based property/casualty insurance provider, has added Paul Domek as a territory...
Florida Changes Driving Rule on Using Hazard Lights June 4, 2021 By LAWRENCE MOWER TALLAHASSEE, Fla. —For years, Florida has been reminding motorists not to use flashing hazard lights while driving. Well starting soon,...