States Weighing $26 Billion Opioid Settlement Face Saturday Deadline August 19, 2021 By Nate Raymond U.S. states are racing to meet a deadline to commit to a $26 billion opioid settlement with three drug distributors...
TechAssure Launches Cyber Threat Sharing Community to Fight Ransomware August 19, 2021 By Andrea Wells TechAssure has announced a partnership with RiskAnalytics and ICE Cybersecurity to launch an exclusive cyber insurance option called The ShadowNet...
Insurers Await Judge’s Ruling as Boy Scouts Bankruptcy Hearings End August 19, 2021 By Randall Chase A year and a half after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex...
Former Purdue President Sackler Says Family Did Not Contribute to Opioid Epidemic August 19, 2021 By Maria Chutchian Former Purdue Pharma President Richard Sackler said on Wednesday that his family’s reign over the OxyContin maker did not contribute...
Ratings Changes for P/C Insurers Up Moderately, Says AM Best August 18, 2021 The number of credit rating upgrades and downgrades in the U.S. property/casualty (P/C) insurance industry increased in the first half...
CDC Creating New Real-Time Disease Forecasting Center August 18, 2021 By Mrinalika Roy The U.S. Centers for Disease Control and Prevention said on Wednesday it is creating a new disease forecasting center to...
Classic Car Specialist Hagerty to Become Public Company in SPAC Deal August 18, 2021 By Andrew G. Simpson Classic car insurance specialist Hagerty is planning to go public in a deal with special purpose acquisition company Aldel Financial...
T-Mobile Says Hackers Stole 7.8 Million Current Customers’ Personal Data August 18, 2021 By Derek Francis T-Mobile US Inc. said on Wednesday an ongoing investigation into a cyberattack on its systems revealed that some personal data...
SEC Working to Require Corporate America to Disclose Workforce Data August 18, 2021 By Katanga Johnson The U.S. Securities and Exchange Commission (SEC) is headed for a scuffle with corporate America over how much information public...
Sacklers: Purdue’s ‘Moral Responsibility’ to Pay for Opioid Crisis Tied to Liability Shield August 18, 2021 By Maria Chutchian A member of the Sackler family that owns Purdue Pharma testified on Tuesday that his family bears a “moral responsibility”...