Bayer is lobbying U.S. states to adjust their regulations in the battle to control costly litigation targeting its herbicide glyphosate but is also prepared for a possible exit from the market, the group’s CEO said on Thursday. Facing weak earnings, …
The Food and Drug Administration is suspending a quality control program for its food testing laboratories as a result of staff cuts at the Department of Health and Human Services, according to an internal email seen by Reuters. The proficiency …
A federal judge on Tuesday issued a preliminary injunction that prevents the U.S. Department of Labor from requiring government contractors and grant recipients to certify they do not operate any diversity, equity and inclusion programs that run afoul of anti-discrimination …
1Fort, the AI platform for business insurance, announced it raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing …
Marsh McLennan reported consolidated revenue during the first quarter of $7.1 billion, an increase of 9% compared with Q1 2024, or 4% on an underlying (organic) basis. MMC had organic growth of 9% in Q1 2024. Q1 operating income was …
Specialty insurer NSM Insurance Group said it has completed the sale of its U.S. commercial insurance division to investment firm New Mountain Capital. The agreement includes NSM’s portfolio of 15 niche insurance programs across property/casualty, accident & health, and reinsurance—as …
Healthcare organizations continue to find themselves at the forefront of cyber risk. Exposures such as IT supply chain dependencies, website tracking litigation, ransomware attacks, new security regulations, and data breach class actions put healthcare organizations of all sizes at high …
U.S. officials will extend support for 11 months for a database of cyber weaknesses that plays a critical role in fighting bugs and hacks, a spokesperson said on Wednesday, just as the funding was due to run out. The expected …
Wildfire losses obscured what executives of Travelers described as outstanding underlying results for the insurer’s first quarter—and looking ahead, the company is well-positioned to face the impacts of macroeconomic uncertainty, the chief executive said. During a first-quarter earnings conference call …
A U.S. judge blocked President Donald Trump’s administration on Tuesday from freezing billions of dollars in grants Congress authorized under climate investment and infrastructure laws of his Democratic predecessor, former President Joe Biden. U.S. District Judge Mary McElroy in Providence, …
