May 6, 2019
McKesson Corp.’s settlement of an opioid lawsuit with West Virginia — the state with the highest U.S. rate of drug-overdose deaths — may encourage other states to seek quick cash to cope with the rising societal costs of addiction. West …
May 6, 2019
Veruna, a Massachusetts-based insurance technology developer of an agency management system built on the Salesforce platform, said it completed a $6 million Series A funding round. Founded in 2015, Veruna offers a cloud-based agency management system that targets independent agents. …
May 6, 2019
U.S. health authorities will allow a type of breast implant linked to a rare form of cancer to stay on the market, saying its risks do not warrant a national ban. But the Food and Drug Administration said Thursday it …
May 6, 2019
The American Petroleum Institute issued on Thursday a revised standard aimed at reducing fatigue among workers in the nation’s refineries and chemical plants, the trade group said. The fatigue standard, officially called Recommended Practice (RP) 755, was first issued in …
May 6, 2019
E.coli in beef. Metal shavings in bread crumbs. Contaminated water on vegetables. The food industry has its share of quality control scandals and their insurers have had their share of claims. Some believe food would be a lot safer to …
May 6, 2019
Reinsurance broker BMS Group has named Pete Chandler as president of its U.S. reinsurance operations. Chandler joins from JLT Re, where he was deputy CEO of the U.S. reinsurance broking arm of the group. He joined JLT Re in 2016 …
May 3, 2019
Congressional budget experts said this week that moving to a government-run health care system like “Medicare for All” could be complicated and potentially disruptive for Americans. The report from the nonpartisan Congressional Budget Office was a high-level look at the …
May 3, 2019
Peter Drucker wrote in The Effective Executive, “An organization that just perpetuates today’s level of vision, excellence and accomplishments has lost the capacity to adapt. And since the one and only thing in human affairs is change, it will not …
May 3, 2019
Search and rescue crews are already using drones to locate missing hikers. Farmers are flying them over fields to survey crops. Insurers have integrated drones as a part of their disaster recovery efforts. And delivery companies will soon use drones …
May 3, 2019
Starbucks Corp. is recalling about 263,000 of its coffee presses, made in partnership with Bodum, after the world’s largest coffee chain received reports of the product breaking and causing deep cuts, the U.S. Consumer Product Safety Commission said on Wednesday. …