The former CEO of Magellan Diagnostics pleaded guilty on Monday to a criminal charge related to a malfunction in the company’s lead-testing devices that produced inaccurately low results for tens of thousands of patients. Amy Winslow was the last of …
Third Magellan Diagnostics Exec Pleads Guilty Over Lead-Test Device Defect Read More »
U.S. drugmakers Johnson & Johnson JNJ.N and Eli Lilly LLY.N increased spending on security for their top executives in 2024, citing increased threats after a UnitedHealth insurance executive was murdered outside the company’s investor meeting in December, regulatory filings showed. …
Lilly, J&J Boosted Spending on Executive Security After UnitedHealth Shooting Read More »
A San Jose, California, body shop owner was charged with insurance fraud following an undercover sting operation that reportedly revealed he jacked an insurance damage estimate on a bait car. The operation, led by investigators from the Santa Clara County …
California Body Shop Owner Charged With Insurance Fraud on Bait Car Read More »
PrestigePEO acquired Concurrent HRO, a Colorado-based professional employer organization. Concurrent HRO’s team is remaining in place. The acquisition is PrestigePEO’s fifth, and it expands PrestigePEO’s presence in the Midwest and Mountain regions. Related: Big Threat? Payroll Companies Taking Insurance Biz …
PrestigePEO Acquires Concurrent HRO in Colorado Read More »
A year after Elon Musk urged U.S. companies to abandon Delaware as their legal home and follow Tesla to Texas, legislators in the two states on Wednesday considered bills in an unusual battle over corporate law that critics say benefits …
Delaware Aims to Remain Top US Corporate Home; Texas Marshals a Challenge Read More »
Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes in January. California Insurance Commissioner Ricardo …
Insurer Payouts Now at $12B for LA Wildfires, Report Shows Read More »
Arch Insurance Names 2 Senior Leaders for Casualty Team in Spain Arch Insurance announced the appointments of Carmen Cobeta as head of Casualty, Spain, and Irene Fernandez Franic as senior casualty underwriter, effective immediately. Cobeta and Fernandez Franic join Arch …
People Moves: Arch Insurance Names 2 Senior Leaders for Casualty Team in Spain Read More »
There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country’s standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan’s chief economist. …
J.P. Morgan Economist Sees 40% Chance of US Recession Read More »
Authorities in Texas reported 25 new measles cases over the last five days, bringing the state’s total to 223 as the outbreak continues to spread. Authorities in Texas, the hardest-hit state with the first confirmed US measles death in a …
Texas Reports 25 New Measles Cases, Bringing State Total to 223 Read More »
A potent storm system is expected to pour heavy rain on western states later this week before rumbling into the central United States, where it could spawn tornadoes in the South and dump heavy snow across the parts of the …
Potent Storm System Threatens Central US Read More »
