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California Attorney General Expects State to Play Role in Opioid Deal

California’s attorney general signaled that he expected to play a major role in settling a nationwide legal fight over the opioid crisis even though the state hasn’t been as hard-hit as others. Drugmakers and pharmaceutical wholesalers are facing more than …

Startup Root Raises $100 Million, Prepares to Go National

Root Insurance raised a $100 million financing round in a bid to fuel market expansion and hiring as the auto insurance startup with its telematics-based platform goes national. Tiger Global Management led the Series D funding round, with Redpoint Ventures, …

Investors Betting on Workplace Medical Clinics to Help Employers Contain Costs

A group of investors is putting up $165 million to fuel an expansion of Paladina Health, bringing a recent surge of private funds flowing into companies that run primary-care clinics to more than a half-billion dollars. The venture capital firm …

New Hampshire’s Beals Insurance Agency Joins The Northern United Agents Alliance

Beals Insurance Agency LLC has joined the Northern United Agents Alliance (NUAA) as a participating member. With offices in Bedford and Londonderry, N.H., Beals Insurance is a full-service independent insurance agency specializing in home, auto, commercial and life insurance. Headquartered …

New Hampshire-Based Satellite Agency Network Group Hires Collins

Satellite Agency Network Group Inc. (SAN), a Hampton, N.H.-based alliance of independent insurance agencies in the Northeast, has hired Sondra Collins as a commercial lines placement specialist for its AccessPlus department. In this role, Collins is responsible for the placement …

Ex-Employee Sues Connecticut’s Pratt & Whitney Over Jet Engines

A former engineer for jet engine maker Pratt & Whitney has filed a federal false claims lawsuit alleging the company knowingly sold “flawed” engines to the U.S. Air Force, which resulted in the likelihood of premature wear or even “catastrophic …

Distributors Who Didn’t Get Rich Sue Herbalife Over ‘Circle of Success’ Events

Patricia and Jeff Rodgers figured they did everything right to get rich beyond their wildest dreams selling Herbalife health and personal care products. They attended all of the “Circle of Success” events, brought in new recruits, met their quotas on …

Commercial Lines Premiums Up 2% in Q2: CIAB Survey

The trend of increasing commercial insurance premiums that began in the fourth quarter of 2017 continued last quarter. Average premiums across all sized accounts increased by 1.5 percent in Q2, according to The Council of Insurance Agents & Brokers’ latest …

Brand Name Drug Maker Not Liable for Injuries from Generic Version: Court

A U.S. appeals court on Wednesday tossed a $3 million verdict against GlaxoSmithKline over the suicide of an attorney who took a generic version of the company’s antidepressant Paxil, finding the company could not be held liable for injuries allegedly …

Insurance Data for Sale in China – Despite Strict Data Protection Laws

When William Zhang’s car insurance was about to expire in March, he didn’t need to look far for renewal options. In the two months before the policy was up Zhang received calls almost daily from insurers trying to sell him …

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