Industry News
J&J Ordered to Pay Lower-Than-Expected $572M in Oklahoma Opioid Verdict
An Oklahoma judge on Monday found Johnson & Johnson liable for fueling an opioid epidemic in the state by deceptively marketing painkillers, and ordered the drugmaker to pay damages of $572 ...
Tropical Storm Dorian Is Gaining Strength as Second System Starts Forming
Tropical Storm Dorian is gaining strength as it lumbers toward the Caribbean island of Barbados, potentially approaching hurricane strength by Tuesday. A second system is forming in the waters off ...
Analysts Curious About AIG 200 Transformation Initiative; Details Wanted
Less than two years after Brian Duperreault took the helm at American International Group, his first big accomplishment has become clear: The carrier's P/C business is on track to produce an ...
Small Business Owners Face Heightened Cyber Risks From Remote Employees
Remote employees place businesses at risk, yet many small business owners are not properly mitigating potential cyberthreats, nor are they adequately protecting their employee platforms, a new report ...
Luxury Electric Cars More Likely to Cause Accidents Than Standard Engine Counterparts: AXA Research
Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their ...
Allianz Pays $738M For General Insurance Assets of SulAmerica in Brazil
Allianz SE agreed to pay 667 million euros ($738 million) for the general-insurance assets of SulAmerica, a deal that will make the German firm Brazil's second-largest provider of motor insurance. ...
Speeding Is Riskiest of all Bad Driving Behaviors: Research
Speeding is the riskiest kind of aggressive driving, according to an analysis of data from on-board telematics devices in vehicles. Researchers at Canada's University of Waterloo examined data from ...
Large Cities Must Invest Billions of Dollars More to Secure Citizen Data: Study
The world's largest cities need to invest billions of additional dollars into their infrastructure in order to secure citizen data, new research suggests. Of the roughly $135 billion expected to be ...