Johnson & Johnson has tentatively agreed to pay about $700 million to settle an investigation brought by more than 40 states into the marketing of its talcum-based baby powder, a J&J executive said.
Author: Annie George
Acrisure Forms Northwest Region Covering Eight States
Acrisure, a global Fintech leader, today announced the formation of the Company’s Northwest Region encompassing its businesses in Alaska, Colorado, Idaho, Montana, Oregon, Utah, Washington and Wyoming.
U.S. Property Cat Reinsurance Rates Up 116% Since 2017: Guy Carpenter
Property catastrophe reinsurance rates-on-line slowed their trajectory significant at the January 2024 renewals, but in the United States while the slow-down was a little more severe than some other regions, US property cat reinsurance rates are now a stunning 116% up since 2017.
FEMA Expands Weather Disaster Aid, Citing Climate Change
The agency on Friday announced changes that seek to make it easier for more Americans who face damage to their homes or businesses to get federal funding in the wake of a disaster.
Inszone Insurance Strengthens Footprint in California
Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce its latest strategic acquisition of The Point Insurance Services, an independent insurance agency deeply rooted in the Downey, California community.
Brown & Brown’s Revenue Grows 13.8% in Q4 2023
Brown & Brown reported total revenue of $1.03 billion in the fourth quarter of 2023, reflecting a 13.8% increase from $901.4 million in the prior-year quarter.
Microsoft Says Russia-Linked Group Hacked Employee Emails
Microsoft Corp. said a Russian-linked hacking group attacked its corporate systems, getting into a “small number” of email accounts, including those of senior leadership and employees who work in cybersecurity and legal.
MGA Tangram Expands Into Reinsurance Broking with Preferred Re Acquisition
Managing general agency Tangram Insurance Services Inc. expanded into reinsurance brokerage with the acquisition of Preferred Reinsurance Intermediaries for undisclosed terms.
Nearly 75% of the U.S. Could Experience a Damaging Earthquake
Nearly 75 percent of the U.S. could experience damaging earthquake shaking, according to a recent U.S. Geological Survey-led team of 50+ scientists and engineers.
Winter Weather Events Cost $754 Million Annually in Texas
Ice storms, cold waves, hail, winter storms: Texas has them all. And the combination of these weather events leads to at least $754 million in losses in Texas and $106.4 million in losses in Dallas annually, according to the National Risk Index, a database maintained by the Federal Emergency Management Agency.