News
Bayer Adds $1.37 Billion to Reserves for Ongoing Roundup Litigation
German pharmaceutical and biotechnology group Bayer said on Thursday it had set aside an additional 1.2 billion euros ($1.37 billion) in provisions to ...
United Risk Acquires Verita CSG From WTW; Rebrands as Verist With Chang as CEO
United Risk has acquired specialized property/casualty managing general agent Verita CSG, Inc. from global risk advisor WTW and rebranded the venture as Verist LLC. Industry veteran Michael Chang ...
Parrish Named CEO of Howden U.S., Is Sued by Former Employer Marsh
Mike Parrish has been named the chief executive officer of Howden U.S., a new U.S. retail broking business of Howden, and he will start in September subject to his "fulfillment of relevant ...
Does Care Started by Advanced Practitioners Result in Different Workers Comp Outcomes?
A newly released decade-long study by the Workers' Compensation Research Institute (WCRI) indicates that claims initiated by nurse practitioners (NPs) and physician assistants (PAs) didn't lead to ...
Data Suggests 60% of Enterprise Firewalls Fail Compliance Checks
New data derived from FireMon customer onboarding revealed that 60 percent of enterprise firewalls fail high-severity compliance checks immediately upon evaluation, with another 34 percent falling ...
Derechos Are Uncommon But Destructive Weather Events
Prolonged wind events that unleash heavy rainfall and travel far distances sometimes qualify as derechos. Derechos can happen almost anywhere in the United States but are most common in the central ...
Berkshire Insurance Units Report Lower Q2 Operating Income Overall
GEICO was the only one of Berkshire Hathaway's major property/casualty reporting divisions to post higher underwriting profit in the second quarter of 2025. But a 2.0 percent rise in underwriting ...
Jury Decides Tesla Partly Responsible in Autopilot Crash Case; Must Pay $243M
A Miami jury decided that Elon Musk's car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and must pay the victims more than $240 ...