Allergan’s subsidiaries Forest Laboratories Inc. and Forest Laboratories Holdings paid a total of $750 million settlement for class suit over the Alzheimer’s drug Namenda.
Back in 2014, Forest has announced plans to discontinue the Namenda HCI 5mg and 10mg tablets....
In the face of the global virus outbreak, more consumers consider buying insurance policies to protect them from financial losses, brought about by the novel coronavirus (NCOV-19).
According to online life insurance company Fabric, people are ‘panic-buying insurance policies’...
The Korea Insurance Development Institute (KIDI) announced on Wednesday, Sept. 16, its plans to develop an insurance product covering individuals and businesses of financial damages brought by the spread of infectious diseases.
According to the agency, the product will come...
Prior to its release of initial public offerings (IPO), Chinese online insurance firm Waterdrop Inc. is receiving some scrutiny from the China Banking and Insurance Regulatory Commission (CBIRC), reported Reuters. The pushback is caused by its supposedly risky business...
There has been an increase in the number of insurance providers who are pulling out coverages for coal-related projects, said The Guardian. This development occurs as insurance companies in the United States take action against fossil fuel. This makes...
As a move to strengthen Malaysia’s global presence in terms of finance, the USA insurance giant MetLife is building a new center of excellence in Kuala Lumpur.
The said CoE will support the country’s financial industry by providing expertise in...
Insurance holding company Group1001 has finalized its procurement of Lackawanna Insurance Group after getting approval from authorities, according to Compelo Insurance. Composed of Lackawanna Insurance Company and Lackawanna National Insurance Company, Lackawanna Insurance Group has been undergoing the process...
Democratic State Senator from Long Beach, California Lena Gonzalez announced last Tuesday, February 12, 2020, the proposal of the Equal Insurance HIV Act. The act reportedly calls for equal coverage as well as abolishing discriminatory practices against individuals with...
Car insurance platform Insurify announced Wednesday, Jan. 15, that they are expanding into home and life insurance, after raising $23M through its recent Series A funding led by MTech Capital and Viola Fintech.
Insurify uses artificial intelligence in determining the...
Illinois-based insurance company Allstate reported a drop in policy renewals of about 87.5 percent in 2020, the worst rate since 2001.
The company stated that there was a decline in the policies at the end of 2020, about 0.5 percent...
