Even With $11 Billion Settlement, Bayer Still Has 30,000 Claims to Roundup June 26, 2020 By Jef Feeley, Tim Loh and Tim Bross While Bayer AG said it took a major step toward wrapping up litigation over its Roundup weedkiller with a settlement...
The Institutes to Add Insurance Information Institute to Its Affiliates Roster June 26, 2020 By Andrew G. Simpson and Mark Hollmer The Insurance Information Institute, since 1960 a source of insurance data and information for the media and consumers, has agreed...
Orchid Insurance, Specialty Lines Startup CrossCover Form CAT-Focused MGU June 26, 2020 Orchid Underwriters Agency, LLC, an independent managing general underwriters focused on catastrophe-exposed residential and commercial lines properties, has launched CrossCover...
Insurer Lemonade Seeks to Raise $286 Million in IPO June 25, 2020 Insurance startup Lemonade Inc., which is backed by SoftBank Group Corp., said on Thursday it was looking to raise up...
Bayer Gambles on Science to Let It Keep Selling Roundup, Mitigate Future Claims June 25, 2020 By Tina Bellon FRANKFURT/NEW YORK— Seeking to forestall further claims, Bayer AG is taking a risky bet that an independent scientific review will...
Senators Propose ‘Scalpel, Rather Than Jackhammer’ to Reform Internet Liability June 25, 2020 By Nandita Bose and David Shepardson Two U.S. senators on Wednesday introduced legislation to reform part of a federal law that largely exempts tech platforms such...
The Future of Work in America Is in the Office: Opinion June 25, 2020 By Michael R. Strain Ever since the coronavirus sent millions of people home to work, people have been predicting that remote work will endure...
FAA Issues Final Directive on Boeing 737 MAX Airplane Inspections June 25, 2020 By David Shepardson The Federal Aviation Administration (FAA) on Wednesday finalized a directive requiring airlines to complete inspections of a key component of...
Exclusive: How P/C Insurance Pros Are Faring Working From Home During Pandemic June 25, 2020 By Andrew G. Simpson According to Dorothy in the Wizard of Oz, there’s no place like home. For many in the property/casualty insurance industry,...
Bayer to Settle 100,000 Roundup Weedkiller Cancer Claims for $10.9 Billion June 24, 2020 By Ludwig Burger and Tina Bellon FRANKFURT/NEW YORK- Bayer AG, after more than a year of talks, agreed to pay as much as $10.9 billion to...