Bayer Strikes $2 Billion Deal to Resolve Future Roundup Cancer Claims February 4, 2021 By Tom Hals Bayer AG struck a $2 billion deal to resolve a class action of future claims relating to allegations that its...
AXA XL Launches Builders Risk Coverages for Mass Timber Construction Projects February 3, 2021 AXA XL’s North America Construction business has launched builders risk insurance programs to address mass timber project risks for construction...
Aon’s Norris Jumps to Marsh to Lead U.S. Healthcare Practice February 3, 2021 Gisele Norris has joined global insurance broker Marsh to lead its U.S. Healthcare Practice. In this role, Norris is responsible...
Insurance Verification Startup TrustLayer Raises $6.6M from BrokerTech, Ventures February 3, 2021 TrustLayer, developer of a proof-of-insurance risk management platform, has raised $6.6 million in seed funding from venture investors, insurance brokers...
Olympic Officials Unveil Rules on Masks, Singing, Transport for COVID-19 Games February 3, 2021 By Jack Tarrant and Sakura Murakami Olympic officials on Wednesday unveiled the first of many COVID-19 rules for the Tokyo Games this summer, banning singing and...
CCC Information Services Going Public in $7 Billion Blank Check Transaction February 3, 2021 By Niket Nishant CCC Information Services said on Wednesday it was going public through a merger with blank-check firm Dragoneer Growth Opportunities Corp.,...
Chubb’s Q4 ‘Excellent’ Results Boosted by Commercial Lines Price Hikes February 3, 2021 Global insurer Chubb reported fourth quarter results for 2020 significantly better than the same period in 2019. For the 2020...
Judge Permits McDonald’s Suit Against Ex-CEO Over Alleged Sexual Affairs Cover-Up February 3, 2021 By Jonathan Stempel and Tom Hals A Delaware judge on Tuesday rejected former McDonald’s Corp. Chief Executive Stephen Easterbrook’s bid to dismiss a lawsuit by the...
Shareholder Lawsuit Alleges Tyson Misled About COVID-19 Protocols February 3, 2021 By Jonathan Stempel U.S. meat and poultry processor Tyson Foods Inc. was sued on Tuesday for allegedly defrauding shareholders with misleading disclosures about...
Tesla Agrees to Recall 135K Vehicles Over Touchscreen Display Complaints February 2, 2021 Tesla Inc. has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after...