The Texas Department of Insurance has championed the rights of Texans by saying an emphatic, “No!” to policies with binding arbitration clauses. These clauses essentially rob policyholders of their constitutional rights to legal action if the insurers act in bad faith. However, adding insult to injury: arbitration clause in Texas home insurance?
In what could be described as a grand tennis match, the Bayer-Monsanto merger is on again. The German Big Pharma, excuse me, “life sciences,” company announced the details of its $62B cash bid for Monsanto today. As the announcement put it, Bayer wants to get a “deepened position” in the agrochemical market. Because we need these two mega-companies joined in one evil empire like we need World War III.
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