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Teva Pharma Sees Nationwide U.S. Opioid Settlement in 2022

Teva Pharmaceutical Industries believes it would have to pay around $2.6 billion in cash and medicine to settle thousands of lawsuits alleging it and other drug companies fueled the U.S. opioid epidemic. On the heels of two more state settlements …

Hub Acquires Assets of Oregon-Based Hanson Insurance Group

Hub International Ltd. acquired the assets of BDTAB LLC and Corvallis Insurance LLC, collectively doing business as Hanson Insurance Group, in Corvallis, Oregon. Brad Hanson, CEO of Hanson Insurance Group, Trent Hanson, Vice President, and the rest of the Hanson …

Opioid Distributors Reach $518M Settlement with Washington

Washington has reached a $518 million settlement with drug distributors McKesson Corp MCK.N, AmerisourceBergen Corp ABC.N and Cardinal Health CAH.N, ending a months-long trial over the companies’ alleged role in fueling the opioid epidemic in the state, McKesson announced on …

35% of Workplace Injuries Occur During First Year: Travelers

A new study by Travelers of workers compensation claims found that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experience. “Our data underscores the importance of comprehensive onboarding and training programs for …

Report Blasts Head of Massachusetts Care Center Where 76 Veterans Died From COVID

The leader of a veterans’ care center in Massachusetts where 76 veterans died after contracting the coronavirus in the spring of 2020 lacked both the leadership skills and the temperament to run such a facility when he was hired in …

UK’s Aston Lark Purchases UKGlobal Broking Group in 50th Acquisition

Aston Lark, the London-based broker, announced UKGlobal Broking Group as its 50th acquisition since launching in 2018, less than two weeks after officially becoming part of the Howden Broking Group. Manchester, England-based UKGlobal arranges insurance for a broad range of …

Allianz Plans to Take Harder Line on Insuring Fossil Fuel Industry to Meet Climate Goals

Europe’s biggest insurer Allianz plans to take a harder line on insuring the oil and gas industry as part of efforts to align its underwriting policies with the world’s climate goal, the company said on Friday. The move is the …

Central Banks, Supervisors Must Focus on Financial Resilience to Climate Change: BoE

The rise in demand for coal following Russia’s invasion of Ukraine is a setback to reaching a net-zero economy by 2050 but will also help bolster investment in renewable energy, a Bank of England (BoE) policymaker said on Tuesday. Elisabeth …

Generali’s Board Reappoints CEO Without Support From Rebel Investors: Sources

The board of Generali on Monday reappointed Philippe Donnet as chief executive with 10 votes in favor out of 13, two sources said, after a group of rebel Italian investors seeking to oust him lost out in a shareholder vote …

Bird Flu Forces Free-Range Chickens Into Lockdown, From Pennsylvania to France

Organic and free-range chickens have been thrown into lockdown. Egg-laying hens that normally have access to the outdoors can no longer roam as freely or feel the sun on their beaks as some U.S. and European farmers temporarily keep flocks …

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