McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic, with federal prosecutors homing in on its work advising OxyContin maker Purdue Pharma and other drugmakers.
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FCC Will Start Regulating Internet Service Like a Public Utility
Net neutrality, a set of policies designed to prevent internet-service providers from playing favorites among the websites they carry, is coming back.
Insurance Pricing Continues to Moderate as Rates Decline in Most Regions: Marsh
Global commercial insurance rates increased by 1% in the first quarter of 2024 (down from a 2% increase in Q4 2023), according to the Global Insurance Market Index released today by Marsh,
New Federal Rule Would Bar ‘Noncompete’ Agreements for Most Employees, Chamber of Commerce to Sue
U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court.
Chubb Posts First-Quarter Profit Hike as Property/Casualty, Life Earnings Rise
Chubb Ltd. posted higher first-quarter net income on higher income in both the life and property/casualty segments and a double-digit rise in net investment income.
Orion180 Launches Homeowners Insurance in Arizona, Marks Major Expansion Westward
Orion180, a leading innovator in the insurance industry, is pleased to announce the expansion of its homeowners insurance services to Arizona.
The True Cost of Megamergers in Healthcare: Higher Prices
Prices for surgery, intensive care and emergency-room visits rise after hospital mergers. The increases come out of your pay.
UnitedHealth Says Hackers Possibly Stole Large Number of Americans’ Data
UnitedHealth Group said on Monday that hackers stole health and personal data of potentially a “substantial proportion” of Americans from its systems in February, as the largest U.S. health insurer scrambles to contain the damage.
Brown & Brown’s Profit Rises on Higher Income From Fees, Investments
Brown & Brown posted a rise in first-quarter profit on Monday as the insurance brokerage earned more in commissions and fees, while investment returns also improved.
Chubb to Acquire Healthy Paws, a Leading Pet Insurance Provider
Chubb today announced a definitive agreement to acquire Healthy Paws, a U.S.-based managing general agent (MGA) specializing in pet insurance, from Aon plc, a leading global professional services firm