Markets
J&J, Bayer Settle 25,000-Plus U.S. Xarelto Suits for $775 Million
Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 U.S. lawsuits alleging that their blockbuster blood thinner Xarelto caused unstoppable and in some cases fatal bleeding for a ...
FEMA Botches Handling of Personal Data From 2 Million Disaster Victims
The Federal Emergency Management Agency improperly released the personal data of some 2.3 million survivors of hurricane and wildfire disasters to a contractor, the Department of Homeland Security's ...
Berkshire Hathaway Direct: ‘Challenging the Normal’ With Three Pages
For most property/casualty actuaries, routine parts of the job involve finding comfort with insurance pricing levels and claims trends, grounded in a thorough understanding of the parameters of ...
Why We Should Train Drivers Using Cars With Autonomous Features
Should drivers using vehicles with autonomous features be trained on those features before they get behind the wheel? A new paper, "What Do We Tell the Drivers? Toward Minimum Driver Training ...
Recession Signals Get Louder As Portion of Yield Curve Flips
One of the most closely watched predictors of a potential recession just yelped even louder. The signal lies within the bond market, where investors show how confident they are about the economy by ...
How Climate Change Poses A National Security Threat: AP Report
The Missouri River floodwater surging on to the air base housing the U.S. military's Strategic Command overwhelmed round-the-clock sandbagging by airmen and others. They had to scramble to save ...
Pasquesi to Become Arch’s Next Chairman as Succession Process Culminates
John Pasquesi will replace Constantine "Dinos" Iordanou as Arch Capital Group Ltd.'s chairman of its board of directors in September, once Iordanou completes his term. Iordanou joined Arch in 2002 to ...
The Latest Launches From W.R. Berkley, AmWINS/Alliant and USAA/Roost
A W.R. Berkley unit expanded its product offerings to include a primary private company management liability policy. AmWINS Group Inc. and Alliant Insurance Services are partnering to service the ...