Posts by Y@DminG
Jazz Pharma to Pay $145M to Settle Narcolepsy Drug Antitrust Case
Jazz Pharmaceuticals said on Tuesday that it had agreed to a settlement of $145 million to resolve a series of antitrust lawsuits related to its narcolepsy drug, Xyrem. Xyrem, a medication approved in the U.S., is used for the treatment … Source: Claims Journal
Read MoreInsurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers
Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About a month after Trump looked to impose steep tariffs on China, Mexico, and Canada, the administration on April 2 applied … Source: Claims Journal
Read MoreATI Restoration Names Diab Chief Financial Officer
ATI Restoration has named Gabe Diab chief financial officer. Diab has more than two decades of experience in financial and operational leadership experience. He was most recently chief financial officer and chief operating officer of Ascential Technologies. Prior to that, … Source: Claims Journal
Read MoreHackers Spied on 100 US Bank Regulators’ Emails for Over a Year
Hackers intercepted about 100 bank regulators’ emails for more than a year, gaining access to messages containing agency deliberations and sensitive details about banks it oversees, according to two people familiar with the matter. The attackers were able to monitor … Source: Claims Journal
Read MoreUAW Joins Critics Slamming RFK Jr.’s Cuts to Worker Safety Unit
The Trump administration’s move to gut the agency tasked with ensuring workplace safety is facing intensifying pushback, including from the nation’s largest auto union and a conservative lawmaker, in one of the more prominent public fights against some of the … Source: Claims Journal
Read MoreTSMC Could Face $1B or More Fine From US Probe, Sources Say
Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor, according to two people familiar with the matter. … Source: Claims Journal
Read MoreIreland and UK Face High Wildfire Risks After Dry, Warm Weather
Irish authorities warned that warm and dry conditions, combined with dead vegetation, pose a high risk of wildfires across the country this week. Ireland’s Department of Agriculture, Food and the Marine has issued an orange alert through April 14, saying … Source: Claims Journal
Read MoreTariffs Threaten to Push US Home Insurance Rates Even Higher
With the Los Angeles fires in January and last week’s severe storms that brought flooding and tornadoes to the Midwest, extreme weather is already battering U.S. homes in 2025. Homeowners should expect their insurance rates to jump accordingly, says Insurify, … Source: Claims Journal
Read MoreBoeing Settles Lawsuits With Two Families of 737 MAX Crash Victims
Boeing Co. settled lawsuits with the families of two victims killed in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX on the eve of trial, lawyers for the families said. The trial in the U.S. District Court … Source: Claims Journal
Read MoreInside LA County’s $4B Agreement to Settle Sex Abuse Claims at Juvenile Facilities
Los Angeles County has reached a $4 billion agreement to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959, officials said. The agreement, which still needs approval from the Los Angeles County Board of Supervisors, far surpasses … Source: Claims Journal
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