A U.S. jury found Takeda Pharmaceutical liable for causing about $885 million in damages by delaying a generic version of its constipation drug Amitiza through an anticompetitive scheme. Jurors in federal court in Boston, following a five-week trial, sided with …
Sands Point Risk, a multi-program managing general agency platform, has acquired Launch Environmental Underwriters, a provider of environmental general liability insurance. Jersey City, New Jersey-based Launch focuses on complex risks across the energy, infrastructure, construction, chemical, mergers and acquisition, and …
The JPMorgan Chase & Co. banker named in a graphic sexual harassment suit that went viral last month hit back at her accuser with a defamation counterclaim, calling his allegations “entirely false” and “malicious.” Lorna Hajdini on Tuesday night countersued …
Stellantis plans to launch a new small, low-cost category of fully electric vehicles in an effort to revive Europe’s shrinking entry-level car segment and ailing manufacturing sector. The Fiat, Opel and Citroen owner said production of the affordable, compact and …
The global oil bottleneck in the Strait of Hormuz has generated an enviable—and politically sensitive—financial windfall on the other side of the world in New Mexico, a rare Democratic-dominated state where fossil fuels are a bedrock of progressive social services. …
“Life moves pretty fast. You don’t stop and look around once in a while, you could miss it.” Know who said that? Anyone? Anyone? Technology and artificial intelligence are coming at claims and insurance professionals at an increasingly rapid pace. …
The National Center on Sexual Exploitation and Fairplay, two advocacy groups focused on child safety, are asking the U.S. Federal Trade Commission to investigate Roblox Corp.’s game mechanics, which they claim coerce kids into spending unreasonable amounts of money on …
A U.S. safety investigator said United Parcel Service Inc. decided not to take action after 2008 and 2011 service letters from Boeing Co. flagged cracking in a key structural component in the type of plane that crashed in Louisville, Kentucky, …
Nearly nine-in-10 workers’ compensation treatment request denials in California were overturned by independent medical review, a new report shows. The California Department of Industrial Relations and its Division of Workers’ Compensation released the annual report on the department’s IMR program. …
Municipal workers’ compensation insurance pools in South Carolina now have another firefighter health condition presumption to consider, after the state’s governor signed House Bill 3163 into law. The law, which took effect upon Gov. Henry McMaster’s signature last week, adds …