Royal Philips NV shares continued their decline after news reports claimed the Dutch company was slow to act on complaints about its machines designed to treat sleep apnea. Philips Respironics first received complaints about its CPAP machines and ventilators in …
A U.S. civil rights agency sued Tesla Inc. on Thursday, claiming the electric carmaker has tolerated severe harassment of Black employees at its flagship Fremont, California, assembly plant, in charges similar to cases brought by the state and by Tesla …
Bain Capital and TPG Inc. are weighing a deal for CCC Intelligent Solutions Holdings Inc., the car-insurance software provider controlled by Advent International, according to people familiar with the matter. Bain and TPG are among suitors that have expressed interest …
A little-known climate threat lurks under our feet: rising groundwater that could release toxic chemicals from more than 132,000 contaminated sites in coastal areas of the US. In a first of its kind study, researchers estimated the number of polluted …
A U.S. government shutdown, perhaps as soon as Saturday night, will force the National Flood Insurance Program to suspend issuing of new policies, potentially causing a major disruption for home buyers. The National Home Builders Association said that an estimated …
Howden Tiger, the reinsurance broking arm of Howden, the global insurance group, announces that Tim Ronda, currently President, Howden Tiger, will take over as CEO on 1 January 2024. Ronda will report to David Howden, CEO, Howden. Ronda will continue …
Bold Penguin has partnered with NEXT Insurance, a leading technology-first small business insurer, to enhance small business coverage options on the Bold Penguin Terminal. Per a press release, through this partnership, Bold Penguin users will gain access to NEXT’s General …
GTCR and Apax Partners are exploring options including a full or partial sale of insurance broker AssuredPartners, which could be valued at up to $16 billion, including debt, in any transaction, according to people with knowledge of the matter. The …
Executive Summary: Biometric litigation is a significant emerging risk that insurers must now take into consideration, says Jim Blinn, vice president, Client Solutions, Zywave. States are increasingly passing biometric laws to prevent companies from collecting and disseminating data such as …
Marsh McLennan wants the Second Circuit appeals court to reconsider its August decision that overruled a district court and reinstated a former employee’s lawsuit against the company over a 2021 data breach. Marsh McLennan (MMC) asserts that the employee lacks …
