March 27, 2019
The Trump administration is siding with Obamacare opponents who argue that it is unconstitutional and should be scrapped entirely, initiating a new, more aggressive assault on the health care law that will assure the issue will be squarely at the …
March 27, 2019
What the insurance industry has done for auto and building safety products, insurance broker Marsh wants to extend to cybersecurity products. That is, recommend the cybersecurity products that are the most effective. The program, named Cyber Catalyst, calls on leading …
March 26, 2019
Berkley FinSecure, a Berkley Company, has launched Capital Shield, an insurance product that covers individuals for embezzlement of their invested assets. The product has been launched with Capital Shield Inc. and Capital Shield Insurance Services and covers individual investors in …
March 26, 2019
U.S. President Donald Trump is willing to work with congressional Democrats to lower drug prices for Americans and on infrastructure funding, White House adviser Kellyanne Conway said on Tuesday. Conway said the Trump administration considered those two issues as areas …
March 26, 2019
Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 U.S. lawsuits alleging that their blockbuster blood thinner Xarelto caused unstoppable and in some cases fatal bleeding for a total of $775 million, court documents on Monday …
March 26, 2019
It sounds like it should have been impossible to miss, but it took more than a year for an industrial equipment company to discover $12,000 worth of doggie day spa charges on an employee’s expense reports. Level upon level of …
March 26, 2019
The U.S. Supreme Court rejected an appeal from a photographer who said Nike Inc. stole key aspects of his iconic photo of basketball star Michael Jordan and used them to sell billions of dollars in shoes and other merchandise. The …
March 26, 2019
There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep pace. Meanwhile, the question of how to transform …
March 26, 2019
Insurance Acquisition Corp., company sponsored by Cohen & Co. and formed for the purpose of acquiring or merging with insurance firms, completed an initial public offering that raised gross proceeds to the company of $150,650,000. Insurance Acquisition Corp. is a …
March 25, 2019
The U.S. Supreme Court turned away an appeal by Amazon.com Inc.’s Zappos unit, letting a lawsuit proceed over a 2012 hack that exposed the personal information of 24 million customers. The online shoe and clothing retailer argued unsuccessfully that the …