Drug Distributors Signal $26B Opioid Settlement with States to Proceed September 7, 2021 By Nate Raymond Three large U.S. drug distributors and drugmaker Johnson & Johnson will proceed with a proposed $26 billion settlement resolving claims...
AM Best Assigns ‘Excellent’ Ratings to Insurtech Next Insurance September 3, 2021 AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent)...
Review: In Netflix Drama ‘Worth,’ Feinberg Grapples With Personal Losses of 9/11 September 3, 2021 By JAKE COYLE “What is life worth?” asks Washington lawyer Kenneth J. Feinberg (Michael Keaton) in the opening scenes of the based-on-a-true-story drama...
What’s an Employer to Do If Workers Avoid COVID Vaccine? September 3, 2021 By Tom Murphy What can employers do if workers avoid COVID-19 vaccines? They can require vaccination and fire employees who don’t comply, or...
Biden Administration Seeks Views on Climate Risks in Insurance, Financial Markets September 3, 2021 By Josh Boak In a season of daunting wildfires and flooding, the Biden administration is taking an initial step to assess how climate...
Judge Says Apple Must Face Siri Privacy Lawsuit September 3, 2021 By Jonathan Stempel A federal judge on Thursday said Apple Inc. must face nearly all of a proposed class action lawsuit claiming that...
AIR Worldwide Estimates Insured Losses for Hurricane Ida Could Be Up to $25 Billion September 3, 2021 Insurance industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge will range from $17 billion...
Amazon’s Solution to Delivery Driver Shortage: Recruit Pot Smokers September 3, 2021 By Spencer Soper Amazon.com Inc. has a solution for a potentially crippling shortage of delivery drivers: Recruit pot smokers. The company is advising...
Traffic Deaths Up 10.5% in First Three Months of 2021 September 2, 2021 By David Shepardson New data shows a sustained increase in U.S. traffic deaths that regulators ascribe to impaired driving, speeding, a failure to...
Newly-Public Ryan Specialty Group Reports Strong Q2 Results September 2, 2021 Ryan Specialty Group Holdings, Inc., which completed its initial public offering on July 26, announced results for the second quarter...