Archive for January 2024

The company behind a global recall of sleep apnea machines said Monday it will stop selling the devices in the U.S., under a tentative agreement with regulators that could cost the manufacturer nearly $400 million. Device maker Philips has recalled … Source: Claims Journal

Despite law enforcement actions, fourth quarter 2023 ransomware incidents still surpassed 2022 by nearly 70%, and the number of active ransomware groups grew by 34%. Corvus Insurance recently released its Q4 2023 Ransomware Report, featuring data collected from ransomware leak … Source: Claims Journal

The role drug distributor McKesson Corp. had in the opioid crisis was no accident, meaning the company is not entitled to defense costs related to litigation against it. McKesson Corp. appealed a district court’s ruling that subsidiaries of AIG and … Source: Claims Journal

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg rejected requests from his top leadership in 2021 to expand teams overseeing child safety and well-being, according to documents and emails released by Congress. A proposal to add headcount for well-being efforts … Source: Claims Journal

A senior United Airlines UAL.O executive highlighted the widespread loss of experience in the aviation industry since the COVID-19 pandemic and said it may have contributed to recent problems at Boeing BA.N. “Experience counts and they need to have a … Source: Claims Journal

The Southern California regions of Los Angeles and Orange County are again the top spots for catalytic converter theft claims. The regions topped the list for the eighth consecutive quarter in a new report of markets for the most frequent … Source: Claims Journal

There were 247 violations issued by the U.S. Department of Labor’s Mine Safety and Health Administration after inspections at 16 mines in 11 states in December 2023, the department reported. The department began conducting inspections after a 2010 explosion in … Source: Claims Journal

West Virginia, Louisiana, Pennsylvania, Kansas and New Jersey were the U.S. states most affected by medical malpractice cases, a new report shows. Forbes Legal gathered state data on the number of malpractice payments, the number of adverse action reports and … Source: Claims Journal

The California Public Utilities Commission (CPUC) approved a $45 million settlement agreement between its Safety and Enforcement Division (SED) and Pacific Gas and Electric Company (PG&E), for the utility’s part in the destructive 2021 Dixie wildfire. The Dixie fire started … Source: Claims Journal

Bayer AG faces mounting pressure to come up with a new plan for handling its Roundup weedkiller litigation after getting hammered by US jury verdicts totaling almost $4 billion over the last three months. The German conglomerate’s latest courtroom loss … Source: Claims Journal