U.S.
COVID Intrigue: Pfizer Accuses Departing Employee of Stealing Vaccine Secrets
Pfizer Inc has sued a longtime employee for allegedly stealing "scores" of confidential documents, including some related to its COVID-19 vaccine, as she prepared to jump to a competitor. In a ...
Allstate Will Unload Most of Illinois Campus for $232M
The Allstate Corp. announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The ...
Travelers Head Toward Cancellation Mode as Omicron Emerges
Some would-be travelers are considering canceling or delaying trip plans in response to fresh curbs prompted by the Omicron variant of the coronavirus, travel agents said on Monday, threatening an ...
CEO Viewpoint: FEMA Flood Insurance Pricing Methodology Revamp a Positive Move
By now, you've probably heard of the Federal Emergency Management Agency's effort to revamp its method of assigning prices to the National Flood Insurance Program's policies, which took effect on ...
The Nonstandard Auto Market’s Positive Momentum Could Face Potholes From Inflation, Loss Severity Issues
Players in the U.S. nonstandard auto insurance segment may find that return to pre-pandemic norms, with greater loss-cost pressures along with elevated inflation and supply chain issues, may ...
MGA Startup Kettle Raises $25M, With Plans to Expand Wildfire Reinsurance Protection
Reinsurance MGA startup Kettle raised $25 million in a Series A round led by Acrew Capital, with participation from Homebrew, True Ventures, Anthemis, Valor, DCVC, and LowerCarbon Capital. The San ...
CVS, Walgreens, Walmart Found Liable in Opioid Crisis
CVS Health Corp. and Walgreens Boots Alliance Inc. helped create a public-health crisis by failing to properly monitor opioid prescriptions, the drug industry's latest loss in the expanding ...
Phillips Claims FDA’s Ventilator Safety Issues May Be Overestimated
Dutch medical equipment maker Philips on Wednesday said U.S. regulators might have overestimated the number of safety issues raised by customers related to its recall of ventilators in which a ...