June 24, 2020
FRANKFURT/NEW YORK- Bayer AG, after more than a year of talks, agreed to pay as much as $10.9 billion to settle close to 100,000 U.S. lawsuits claiming that its widely-used weedkiller Roundup caused cancer, resolving litigation that has pummeled the …
June 24, 2020
Lyft Inc. has agreed to settle allegations that it violated federal law when some of its drivers refused to give rides to people using folding walkers or collapsible wheelchairs in the Los Angeles area, the U.S. attorney’s office announced. The …
June 24, 2020
After years of failed attempts, advocates for nursing home residents this year won approval of legislation that allows families to install surveillance cameras in residents’ rooms. The measure, backers say, will help prevent abuse or neglect and aid investigations into …
June 24, 2020
Michigan’s attorney general has asked a judge to shut down a pipeline in the Great Lakes after an energy company discovered that an anchor support had shifted deep below the surface. Enbridge Inc. insists the Line 5 pipeline itself was …
June 24, 2020
AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” from “bbb-” of Cameron Mutual Insurance Co. (Cameron Mutual) in Cameron, Missouri. The outlook of these ratings remains …
June 24, 2020
Some small businesses harmed by the coronavirus pandemic should start seeing grants from a $300 million federally financed program as soon as next month, Louisiana’s state treasurer said. The money is part of $1.8 billion in direct congressional relief that …
June 24, 2020
Texas’ surging coronavirus numbers will not slow the state’s reopening, according to Republican Gov. Greg Abbott, who has prescribed an emphasis on face coverings and social distancing to curtail sobering trends, including hospitalization rates that have doubled since Memorial Day. …
June 24, 2020
An emergency rule requiring insurers in Texas to cover telemedicine services has been extended into September, the Texas Department of Insurance (TDI) said. Covered telemedicine services include mental health visits at the same rate as in-person visits. The emergency rule …
June 24, 2020
The National Highway Traffic Safety Administration (NHTSA) said Tuesday it had opened an investigation into 63,000 Tesla Model S cars after reports of media-control unit failures that led to the loss of the use of touchscreens. The auto safety agency …
June 24, 2020
Boston-based Openly, a platform that sells upmarket homeowners insurance through independent agents, said it has closed a $15 million Series A investment. The round was led by Obvious Ventures, with participation from existing investors including Gradient Ventures (Google’s AI-focused Venture …