U.S. shareholder activists are addressing a soaring death toll from opioid drug abuse, asking companies that make and distribute the painkillers to review the risks their businesses could face from their role in the sector. Leaders of a 30-fund group …
A series of safety scandals at Japanese companies have put the country’s lionized factory floor under scrutiny as manufacturers struggle with increased pressure on costs, stricter enforcement of standards and growing competition. With margins squeezed by a stagnant domestic market …
The U.S. National Highway Traffic Safety Administration said Friday it is funding a pilot program that will notify drivers in the state of Maryland if there are open, uncompleted recalls at the time that they register their vehicles. The government …
Investor-funded litigation is not new but it is expanding its reach in commercial auto cases, according to experts in the field. Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend of investor funded litigation …
QBE has signed a multi-year commercial use agreement with RiskGenius, a machine learning company that helps carriers, brokers and regulators analyze policy and endorsement language and aid in product development. The deal comes as the Australian insurer’s venture arm closed …
West Virginia emergency officials say a large warehouse fire is fully extinguished more than a week after it broke out. The state Department of Military Affairs and Public Safety says it was informed by Lubeck Fire Chief Mark Stewart that …
Six people are recovering from injuries treated at hospitals and more needed first aid after a pickup truck hit a vehicle carrying people on a nighttime hay ride in South Carolina. The Island Packet of Hilton Head reported the crash …
Tennessee investigators say a captain with Nashville’s fire department was arrested on arson and insurance fraud charges for setting his home on fire on purpose. According to a Tennessee Bureau of Investigation news release, Jeffrey Neely of the Metro-Nashville Fire …
PointeNorth Insurance Group, an independent insurance agency in the Southeast with local ownership, has acquired Benton & Parker Insurance Services, a commercial truck insurer headquartered in Georgia. The company also acquired Cord & Wilburn Insurance, a Woodstock, Georgia-based insurance firm. …
A new report shows that nearly 70 percent of federally mandated and approved California Workers’ Compensation Medicare Set-Aside settlements for injured workers require funding for decades of opioid use, often at dangerously high levels and in conjunction with other high-risk …
