Johnson & Johnson on Friday said it would split into two companies , hiving off its consumer health division that sells Band-Aids and Baby Powder from its pharmaceuticals and medical devices business. The separate companies will have to divide up …
As smoke lingered in the air amid another destructive California wildfire season, former Gov. Jerry Brown invited a group to his ranch for an urgent conversation: What more could be done to save California’s forests from wildfires? The reality of …
Pinnacol Assurance in Colorado announced it will lower rates for the carrier’s 53,000-plus policyholders in Colorado by an average of 11% in 2022. The decrease will become effective Jan. 1, 2022. Pinnacol has decreased rates for seven consecutive years for …
Philips, the medical equipment maker that is recalling ventilators due to use of parts containing a potentially hazardous foam, said on Sunday it is in discussions with U.S. regulators after a new inspection of one of the company’s facilities. Philips …
A federal court declined Friday to lift its stay on the Biden administration’s vaccine mandate for businesses with 100 or more workers. The New Orleans-based 5th U.S. Circuit Court of Appeals granted an emergency stay last Saturday of the requirement …
California Insurance Commissioner Ricardo Lara is sponsoring legislation to establish a ranking system for heat waves, the California Department of Insurance announced on Friday as the international climate conference wraps up in Scotland. The legislation is jointly authored by Assembly …
Almost a third of the U.S. cities with the highest percentage of drivers with prior automobile accidents are in the Southeast, according to a study by Insurify, an insurance data-analysis and rate comparison firm. The city with the highest percentage …
Airbnb Inc. is rolling out new features, including verified internet speeds at hosts’ homes and options to search for listings up to a year in advance, as the vacation-rental company bets that remote work and flexible travel is here to …
Airbnb’s host and guest protections now include host damage protection, host liability insurance, and liability insurance for its Airbnb Experience customers. The coverages are now combined as part of an overall package called AirCover, which also includes income loss protection, …
Insurtechs continue to attract significant investor cash, pulling in a near-record $5.3 billion for the 2021 third quarter, representing a total of 472 deals. U.S. companies nailed down most of the cash, according to a Forrester report. Approximately 70% of …
