April 10, 2019
Digital insurance broker Embroker announced its $28 million Series B funding round. Embroker said it will use the funding to scale adoption of its insurance management platform, data-driven service offering, and proprietary insurance policies. The round was led by Tola …
April 10, 2019
Yahoo has struck a revised $117.5 million settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history. The proposed class-action settlement made public on Tuesday was designed to address …
April 10, 2019
Pressure was mounting on Johnson & Johnson and its signature Baby Powder. In 2006, an arm of the World Health Organization began classifying cosmetic talc such as Baby Powder as “possibly carcinogenic” when women used it as a genital antiperspirant …
April 10, 2019
As an agency owner, the success of your business is directly tied to your hiring process. Each bad hire can easily cost $100,000 to $200,000. However, good producers can add $1 million of annual revenue (which nets most owners around …
April 9, 2019
Two U.S. senators have asked the inspector general of the Health and Human Services Department to investigate a practice by pharmacy-benefit managers known as spread pricing, as part of a wider inquiry by lawmakers into U.S. drug costs. Ron Wyden …
April 9, 2019
Axa XL’s North America marine insurance business is expanding its inland marine business with a new contractor’s equipment product with a number of new coverages. “Contractor’s need a wider variety of equipment to get the job done than before,” according …
April 9, 2019
Italian-American automaker Fiat Chrysler Automobiles NV has agreed to pay $110 million to settle a lawsuit alleging it misled U.S. investors over excess diesel emissions and failed to comply with federal safety regulations, court records show. The company said in …
April 9, 2019
Dogs remain the undisputed champions at generating insurance claims, while deer, birds and cats are contributing their share of mayhem as well. But according to a review of 470,000 insurance claims over five years by Allianz Global & Specialty, bedbugs …
April 9, 2019
Robin Feldman is a law professor at the University of California Hastings with a particular expertise in antitrust and patent issues. She is also one of those professors who are unusually good at explaining complex issues in terms laymen (like …
April 9, 2019
The day after former Wells Fargo & Co. Chief Executive Tim Sloan told U.S. lawmakers he was transforming the bank’s high-pressure culture, Federal Reserve officials met privately with bank employees. At the meeting on March 13, which has not been …