James River Insurance Retains Rating After Dropping Its Biggest Customer, Uber October 18, 2019 By Andrew G. Simpson Ratings agency A.M. Best said its ratings of James River Insurance remain unchanged after the insurer said it would be...
U.S. Safety Board Wants to Learn Cause of Fatal Uber Autonomous Car Crash October 18, 2019 By David Shepardson The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a...
Judge Calls on Big 3 Drug CEOs to Discuss Opioid Settlement October 18, 2019 By Nate Raymond The chief executives of the three largest U.S. drug distributors and a drugmaker have been summoned to appear before a...
J&J Settles Claims by 41 States Over Risks of Vaginal Mesh for $117 Million October 18, 2019 By Jef Feeley Johnson & Johnson agreed to pay $117 million to settle 41 states’ claims that it misrepresented the risks of vaginal-mesh...
Privacy Law Favored by Tech Firms Gains Support Among House Democrats October 17, 2019 By Ben Brody A group of more than 100 centrist Democratic House lawmakers is throwing its weight behind a privacy bill that has...
Lyft, Uber Bypass House Panel Hearing on Transportation Safety and Labor Conditions October 17, 2019 By David Shepardson Uber Technologies Inc. and Lyft Inc. skipped a U.S. House of Representatives hearing the ride-hailing industry, angering lawmakers who threatened...
Actuaries Estimate Four Years of Opioid Crisis Cost Economy $631 Billion October 17, 2019 The opioid epidemic cost the U.S. economy at least $631 billion from 2015 to 2018, according to a Society of...
Bipartisan Group Calls for Pulling Internet Firms’ Liability Immunity October 17, 2019 By Naomi Nix and Rebecca Kern A bipartisan group of lawmakers is stepping up efforts to have U.S. trade officials eliminate a legal liability shield that...
Applied Underwriters Sold to Founder in $920M Deal October 16, 2019 Applied Underwriters Inc. and its subsidiary North American Casualty Co. has reportedly been acquired by Applied Underwriters founder Steve Menzies,...
AIG Could Become Involved in Defamation Claim Against ‘Illiquid’ Elon Musk October 16, 2019 By Dana Hull Insurance giant American International Group Inc. may get wrapped up in a defamation case involving billionaire Elon Musk, who has...