December 21, 2018
Novartis AG and Bayer AG are among nearly 30 drugmakers that have taken steps to raise the U.S. prices of their medicines in January, ending a self-declared halt to increases made by a pharma industry under pressure from the Trump …
December 21, 2018
Marriott International Inc. will be dealing with direct cyber incident losses from its massive data breach of between $200 million and $600 million, according to an AIR Worldwide estimate. Marriott disclosed on Dec.1 that it had uncovered a massive data …
December 21, 2018
Cigna Corp. on Thursday closed its $54-billion deal to buy Express Scripts Holding Co., creating one of the biggest providers of pharmacy benefits and insurance plans in the United States, a combination it says will help it improve healthcare coordination …
December 20, 2018
California Insurance Commissioner Dave Jones continues to push the fossil fuel divestment hot button right to the end of the year and his tenure as the state’s head insurance regulator. Jones this week released the most recent data on oil, …
December 20, 2018
Massachusetts-based Cambridge Mobile Telematics, which offers safe driving technology that is used globally by insurers and other firms, said it has attracted a $500 million investment from the SoftBank Vision Fund that it will use to grow globally. “This partnership …
December 20, 2018
Fitch Ratings said it expects the November wildfires in California to have some but not great impact on property/casualty insurers’ year-end results and it anticipates limited or no rating actions due to the fires. The rating agency is maintaining stable …
December 20, 2018
Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be embraced by regulators. Getting …
December 20, 2018
Johnson & Johnson failed to persuade a Missouri trial judge to set aside a July verdict awarding a record $4.69 billion to 22 women who blamed their ovarian cancer on asbestos in the company’s Baby Powder and other talc products. …
December 20, 2018
It took Robb Lawson until he was 45 to finally confront a dark memory from his days as a Boy Scout. Lawson was a teenager at the time, a member of a troop in Georgia, picked to attend a wilderness …
December 20, 2018
Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has launched two new lawyers professional liability programs focusing on small law firms in Arizona and Texas. The new facilities target small law firms from one to …