Mallinckrodt Second Bankruptcy Would Cut $1 Billion From Opioid Settlement August 24, 2023 Drugmaker Mallinckrodt said Wednesday it expects to file for a second bankruptcy in the coming days, after reaching a debt...
Conservative Starbucks Investor Loses Diversity Challenge August 14, 2023 By Jody Godoy A U.S. judge on Friday dismissed as frivolous a conservative activist investor’s lawsuit against Starbucks’ board for the coffee chain‘s...
Teva Agrees to Pay $126M to US Hospitals Over Opioids August 4, 2023 By Brendan Pierson Teva Pharmaceutical Industries Ltd has agreed to pay up to $126 million to U.S. hospitals over 18 years to settle...
Amwins Report Keys on Disruption in Cannabis Space August 2, 2023 By Don Jergler The disruption in the cannabis space is having an impact on that insurance specialty from coast to coast, a new...
Aon: Public D&O Pricing Drops for Fifth Straight Quarter; 96% Retain Carriers August 2, 2023 By Jahna Jacobson Despite movement in limit and deductible levels, public directors & officers (D&O) pricing continues to drop for the fifth consecutive...
Gallagher’s June Insurance Market Report: Key Highlights and Implications for Buyers June 30, 2023 By Jahna Jacobson How does the 2023 insurance market look so far? It depends on where you stand. Property is facing its most...
JPMorgan Agrees to Pay $290 Million to Settle Epstein Suit June 23, 2023 By Robert Burnson JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from former client...
Former Chair Ghosn Sues Nissan for $1B in Lebanon June 20, 2023 Former Nissan chairman Carlos Ghosn has sued the company for more than $1 billion in a lawsuit filed to Lebanon’s...
A Greenwashing Lawsuit Against Delta Aims to Set a Precedent June 13, 2023 By Kendra Pierre-Louis As tranquil instrumental music plays over gauzy images of nature, a woman’s voice-over begins. “Isn’t it a paradox,” she wonders...
Another Soft Market Is Inevitable June 7, 2023 By Susanne Sclafane In recent weeks, executives of brokers and carriers have been delivering mixed messages about conditions in the commercial insurance market....