Hedge Fund Baupost Reported to Hold $1 Billion in PG&E Insurance Claims January 14, 2019 By Miles Weiss, Allison McNeely and Katherine Doherty Seth Klarman’s Baupost Group has been the poster child of the hedge fund industry’s ill-timed stock-market bets on the troubled...
How Lighting Could Make Autonomous Vehicles Safer for Pedestrians January 14, 2019 Reducing autonomous vehicle accidents during testing may be as easy as adding lighting to warn pedestrians. South Korean car parts...
Supreme Court Won’t Hear Challenge to Federal Consumer Agency But Others on Way January 14, 2019 By Lawrence Hurley The U.S. Supreme Court on Monday turned away a Texas bank’s constitutional challenge to the structure of the U.S. Consumer...
AmWINS to Acquire The Flood Insurance Agency January 14, 2019 Specialty insurance broker AmWINS Group has agreed to acquire The Flood Insurance Agency, a Florida-based managing general agency that specializes...
Regulators Disagree Over Giving Fintechs Federal Charter to Skirt State Rules January 14, 2019 By Pete Schroeder The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc. or Kabbage Inc. access to...
Players Accuse NFL of Trying to Delay, Rewrite $1 Billion Concussion Settlement January 14, 2019 By Maryclaire Dale The National Football League abruptly last week dropped its plan to challenge approved dementia diagnoses in a landmark concussion case...
Jan. 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes: Guy Carpenter January 14, 2019 The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the...
Insurers SUNZ, Cimmaron to Offer Standalone Workers’ Comp Program to PEOs January 11, 2019 SUNZ Insurance Solutions, LLC has formed a partnership with Cimarron Insurance Co. to utilize Cimarron’s Cover One and Cover Two...
Different Rates of Opioid Prescriptions Linked to Worker, Employer, Injury Traits January 11, 2019 Injured workers in mining and construction, those in rural counties or those who suffer fractures, carpal tunnel and neurologic spine...
Eli Lilly Posts Drug Price on Website But Not in TV Ads January 11, 2019 By Linda A. Johnson Drugmaker Eli Lilly has started posting price information online for drugs advertised on TV. On Jan. 8, the company began...