January 27, 2020
As the Wuhan coronavirus spreads to America, it now seems quite possible the United States will face some considerable logistical challenges. Even if the virus turns out not to be very deadly, or mutates into a safer form, the public …
January 27, 2020
A group of Blue Cross Blue Shield insurers is investing $55 million in a venture that aims to offer cheaper prices to their members on generic drugs that currently have little or no competition, the companies said on Thursday. The …
January 27, 2020
The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday. …
January 26, 2020
McKesson Corp.’s board reached a $175 million settlement with investors who claimed directors failed to maintain adequate internal systems for spotting suspicious opioid shipments, as the U.S.’s largest drug distributor continues to grapple with claims it helped fuel a public-health …
January 26, 2020
Five people in the United States, all of whom recently traveled from Wuhan, China, have been diagnosed with the new coronavirus, officials of the federal Centers for Disease Control and Prevention said on Sunday. The count includes new patients identified …
January 24, 2020
California Insurance Commissioner Ricardo Lara today announced a measure that enables people with cannabis-related convictions to obtain an insurance license. Lara announced the California Department of Insurance will use its discretion in deciding whether to issue licenses to those with …
January 24, 2020
Although workers’ compensation results remain strong—and the line continues to outperform all other commercial insurance lines—worries about continued soft pricing and loss reserve levels for workers’ compensation specialists prompted a rating agency warning recently. “As rate levels continue to decline, …
January 24, 2020
Exxon Mobil dodged a bullet last month when a judge rejected a novel climate-change lawsuit brought by New York’s attorney general. The case began with a promise from state officials that there would be a historic reckoning for the fossil …
January 24, 2020
Total compensation and salary adjustments on average fell slightly in agencies responding to the 2019 Agency Salary Survey – but that trend didn’t impact employee satisfaction. On average, employee satisfaction with compensation overall rose again in 2018. How will satisfaction …
January 24, 2020
Two of the largest property/casualty insurers in the U.S., Allstate and Nationwide, made headlines recently when they announced shifts in their respective multi-brand portfolios. Faced with the prospect of staying relevant in an environment that has seen minimal organic growth …