Johnson & Johnson, seeking to head off claims by thousands of women that its iconic Baby Powder caused their cancer, took aim at some of the science cited in lawsuits alleging the company’s talc-based products were tainted in the past …
American International Group said it has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy and appointed Jennifer Waldner to fill the role. She will lead a cross-functional team to drive …
Facebook Inc. will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday. The FTC voted …
There were 328 announced U.S. and Canadian insurance agency mergers and acquisitions during the first half of 2019, the second-highest six-month total, trailing only the first half of 2017 when 333 transactions were reported, according to OPTIS Partners’ M&A database. …
The top Republican and Democrat on the U.S. Senate Finance Committee announced a proposal to lower prescription drug prices on Tuesday that could save $100 billion in costs to government healthcare programs, and said the committee would vote on the …
Ensurance, the specialist MGA and Lloyd’s of London Coverholder, has launched a new terrorism and sabotage insurance offering for the U.S. market. The product will support the U.S. property market and is backed by an A-rated London company and Lloyd’s …
The U.S. Senate voted to replenish a fund that provides lifelong medical help and other compensation for firefighters, police officers and other first responders affected by the Sept. 11 terrorist attacks, sending the long-stalled legislation to President Donald Trump. The …
The widening legal nightmare over Roundup weedkillers isn’t the only potential multi-billion-dollar liability Bayer AG inherited last year when it acquired Monsanto Co. While thousands of damage claims over Roundup have grabbed headlines and hogged the attention of investors, the …
The U.S. Federal Trade Commission announced on Monday that Equifax Inc. will pay up to $700 million for a data breach that exposed millions of consumers’ personal information. The following are seven of the largest data breach settlements with the …
Allianz Global Corporate & Specialty has promoted Kelly Castriotta to regional head of Product Development for Financial Lines in North America. Castriotta, an attorney, joined the AGCS Financial Lines team in 2018 and has been helping to manage AGCS’s “silent …
