Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be tossed because a U.S. regulatory agency said the herbicide is not a public health …
Purdue Pharma LP and its billionaire owners are being sued by five more states alleging the company’s aggressive marketing of the OxyContin painkiller triggered a vast addiction epidemic that has claimed hundreds of thousands of lives in the U.S. The …
Curv, a cloud-based institutional digital asset wallet service, has partnered with Munich Re to provide insurance protection of up to $50 million for digital assets offered through its service. Munich Re will offer an opt-in solution to Curv’s customers that …
Michael Peterson has had about five months to come in and tackle what promises to be unique job. Peterson is California’s deputy commissioner for climate and sustainability. After California Insurance Commissioner Ricardo Lara named Peterson to the newly created job …
The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on May 23. “This acquisition is a significant milestone for our company and accelerates the achievement of key strategic objectives. We …
Average global commercial insurance prices increased 3% in the first quarter of2019, according to broker Marsh. This represents the sixth consecutive quarter of average commercial insurance pricing increases, Marsh said in its Global Insurance Market Index for the first quarter …
Property/casualty insurers that have relied heavily on the federal terrorism reinsurance program face the risk of rating downgrades if the program isn’t renewed by the end of 2020, ratings firm A.M. Best has warned. A.M. Best said that the Terrorism …
A British diver who is suing Tesla CEO Elon Musk for defamation can’t recover damages because the diver allegedly started the spat and his reputation hasn’t been harmed, a new attorney for Musk says in a court filing. Vernon Unsworth …
The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world’s top supplier of telecoms network equipment. The …
Federal Communications Commission Chairman Ajit Pai on Wednesday delayed plans to begin in June a comprehensive review of a valuable band of spectrum reserved for vehicles to communicate with one another. Pai on Tuesday had called for the FCC “to …
