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EU Widens Probe of Suicide Risks Linked to Weight-Loss Drugs

The European Union’s drug regulator expanded its investigation into a possible risk of suicidal thoughts associated with a new class of weight-loss medicines and a separate analysis found that most patients stopped taking the medications after a year. The European …

Allianz US Unit Ordered to Pay $6 Billion in Securities Fraud Case

A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for misrepresenting the investment risk posed by a group of hedge funds that collapsed amid market fluctuations caused by the Covid-19 pandemic. US …

Takeaways from Our Conversation on Cannabis Podcasts

The world of cannabis podcasts is as varied as it is broad. Some podcasts focus on the best ways to consume. Others have a business focus. There are podcasts focused almost solely on data, podcasts with a venture capital bent, …

California Man Paralyzed from Police Run-In Gets $20M Settlement

A Northern California man who was left paralyzed after he was slammed to the ground during a traffic stop won a $20 million settlement, one of the largest in the state`s history, officials announced. Gregory Gross, an Army veteran who …

Cargo Ship Fire in New Jersey That Killed 2 Is Extinguished After a Week

Crews extinguished the intensely burning fire aboard a cargo ship docked in New Jersey after nearly a week and are now beginning their investigation into the blaze that killed two firefighters, officials said Tuesday. “We can officially declare the fire …

Justice Department Reversal: Trump Can Be Held Liable in Writer’s Defamation Lawsuit

The Justice Department on Tuesday said that Donald Trump can be held personally liable for remarks he made about a woman who accused him of rape — a reversal of its position that Trump was protected because he was president …

Insurers Sue Energy Corporation Blamed for Helping Start Colorado Wildfire

Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado`s most destructive wildfire in 2021. The lawsuit was filed Thursday, a few weeks after investigators announced that a sparking …

Marsh McLennan Acquires Illinois-Based Trideo Systems

-Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Arlington Heights, Illinois-based Trideo Systems, a risk management information system (RMIS) provider for health care organizations. Terms of the acquisition were not disclosed. Founded in 2008, Trideo’s RMIS …

TWIA Committee Recommends 5% Increase in 2024 Residential Rates, 8% for Commercial

The Texas Windstorm Insurance Association Actuarial & Underwriting Committee met Tuesday, July 11 and voted to recommend increasing rates for residential policies by 5% and commercial policies by 8% for 2024. The TWIA Board of Directors will vote to approve …

Lack of Heat Safety Standards Puts Texas Workers at Risk, as Heat-Related Deaths Continue to Rise

Maynor Estuardo Álvarez used to stand the Texas heat, but not anymore. Something changed in his body last summer while working as a painter in an apartment in Houston. It was the afternoon, the temperature had surpassed 100 degrees and …

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