Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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GSK, Boehringer Put Profits Over User Safety, Zantac Jury Told

Drugmakers GSK Plc and Boehringer Ingelheim GmbH prioritized profits over consumer safety by hiding the cancer risks of their once-blockbuster heartburn drug Zantac, according to lawyers representing a Chicago woman in the first of thousands of such claims to go …

Mon May 6, 2024 09:33
Biden Vetoes Bid to Repeal US Labor Board Rule on Contract, Franchise Workers

President Joe Biden followed through on Friday on his vow to veto a Republican-backed measure that would have repealed a U.S. labor board rule treating companies as the employers of many of their contract and franchise workers and requiring them …

Mon May 6, 2024 08:33
Florida Saw Jump in Workers’ Comp Cost per Claim in 2022-23, WCRI Report Shows

Call it the effects of wage creep during the pandemic, along with a little bit of creep in the duration of benefits. Employers and insurers in Florida saw a 7% increase in total cost per workers’ compensation claim in 2022 …

Mon May 6, 2024 08:33
Maryland Hospitality Firm Settles Employee Pregnancy Discrimination and Retaliation Suit

Savage River Lodge and Little Crossings will pay $150,000 and furnish equitable relief to settle federal charges that they discriminated against an employee because of her pregnancy and then fired her. The Frostburg, Maryland businesses, part of Fronterra Resources, offer …

Mon May 6, 2024 08:33
Hub Acquires Williams Insurance Services in California

Hub International Ltd. acquired Merriwether & Williams Insurance Services Inc. Merriwether & Williams has locations in San Francisco and Los Angeles, California, The firm provides contractor development abd bonding programs, aligned risk management and special project consulting, and insurance brokerage …

Mon May 6, 2024 08:33
New York Restricts Sale of Weight-Loss and Muscle-Building Supplements to Minors

It’s now illegal to sell weight-loss and muscle-building supplements to minors in New York, under a first-in-the-nation law that went into effect this week. Experts say loose federal regulation of dietary supplements has resulted in these products sometimes including unapproved …

Mon May 6, 2024 08:33

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