Forecasters are expecting this year’s North Atlantic hurricane season to be roughly average, with about 14 named storms including six full-fledged hurricanes. Last week, the government finally dealt with the fallout from 2018, enacting a $19.1 billion relief package to …
A new study shoots down the notion that medical marijuana laws can prevent opioid overdose deaths, challenging a favorite talking point of legal pot advocates. Researchers repeated an analysis that sparked excitement years ago. The previous work linked medical marijuana …
Oklahoma’s star witness told a state judge that Johnson & Johnson pressed doctors to prescribe its painkillers even as the potentially fatal addictive threat posed by the drugs became clear more than a decade ago. The judge, Thad Balkman, is …
The steady drumbeat of warnings over the surge in risky corporate borrowing is growing louder and louder. Time and again, regulators in the U.S. and Europe have pointed to the hazards of businesses taking on too much debt. At issue …
The digital transformation of the insurance industry isn’t just for insurtech startups any more. At Allstate, 60 percent of claims are now filed with a cell phone application that allows policyholders to take photos of the damage, Chief Claims Officer …
IronPro, the professional liability unit of Ironshore, has introduced a two-term policy endorsement for its miscellaneous professional liability (MPL) product for small business accounts. The MPL policy endorsement was designed to streamline underwriting to reduce the brokers’ administrative costs associated …
The U.S. Supreme Court bolstered its next term with three new business cases, agreeing to consider curbing lawsuits over environmental cleanups, employee retirement plans and allegations of racial bias. The justices said Monday they will hear an appeal by a …
Commercial insurance prices in the U.S. increased in the first quarter about 2%, according to insurance broker and advisor Willis Towers Watson. The company’s Commercial Lines Insurance Pricing Survey (CLIPS) survey compared carriers’ prices charged on policies underwritten during the …
Marijuana has been shown to help ease pain and a few other health problems, yet two-thirds of U.S. states have decided pot should be legal to treat many other conditions with little scientific backing. At least 1.4 million Americans are …
The U.S. Supreme Court on Monday agreed to hear a bid by cable operator Comcast Corp. to throw out racial bias claims accusing the company of discriminating against black-owned television channels. The justices will review a decision by the San …
