Big Pharma Resuming U.S. Price Hikes in January After Pause: Reuters Report December 21, 2018 By Michael Erman and Robin Respaut Novartis AG and Bayer AG are among nearly 30 drugmakers that have taken steps to raise the U.S. prices of...
AIR Estimates Marriott Cyber Breach Direct Losses Could Reach $600 Million December 21, 2018 Marriott International Inc. will be dealing with direct cyber incident losses from its massive data breach of between $200 million...
Cigna Completes $54 Billion Acquisition of Express Scripts December 21, 2018 By Caroline Hume Cigna Corp. on Thursday closed its $54-billion deal to buy Express Scripts Holding Co., creating one of the biggest providers...
California Commissioner Pushing Insurer Fossil Fuel Divestment to The End December 20, 2018 By Don Jergler California Insurance Commissioner Dave Jones continues to push the fossil fuel divestment hot button right to the end of the...
Cambridge Mobile Telematics Receives $500 Million SoftBank Funding December 20, 2018 Massachusetts-based Cambridge Mobile Telematics, which offers safe driving technology that is used globally by insurers and other firms, said it...
Assessing Wildfires’ Impact on P/C Insurers’ 2018 Results December 20, 2018 Fitch Ratings said it expects the November wildfires in California to have some but not great impact on property/casualty insurers’...
Cryptocurrency Industry Says Inadequate Insurance Deters Investors December 20, 2018 By Alun John Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor...
J&J Vows to Appeal After Judge Rejects Bid to Set Aside $4.7B Baby Powder Verdict December 20, 2018 By Tina Bellon Johnson & Johnson failed to persuade a Missouri trial judge to set aside a July verdict awarding a record $4.69...
Boy Scouts Face Insurance, Bankruptcy Challenges Over Sex Abuse Claims December 20, 2018 By Dune Lawrence It took Robb Lawson until he was 45 to finally confront a dark memory from his days as a Boy...
Synergy Professional Associates Launches Lawyers PL Programs in Arizona, Texas December 20, 2018 Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has launched two new lawyers professional liability...