Posts by Y@DminG

A California judge on Monday said he would rule against several large counties that accused four drugmakers of fueling the U.S. opioid epidemic, saying they failed during a trial to prove their $50 billion case. Orange County Superior Court Judge … Source: Claims Journal

Hiscox has set aside $150 million to cover losses linked to Hurricane Ida and floods in Europe, the insurer said, above analysts’ expectations, while it reported strong premiums written this year thanks to rising rates. The Lloyd’s of London insurer … Source: Claims Journal

PG&E Corp said on Monday it had received a subpoena from the U.S. attorney’s office seeking documents from the California utility related to the Dixie Fire, and expects to take a loss of $1.15 billion from the blaze this year. … Source: Claims Journal

Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes, the National Highway Traffic Safety Administration (NHTSA) said Tuesday. The California automaker … Source: Claims Journal

WASHINGTON–The Federal Aviation Administration said on Tuesday it had issued a special information bulletin alerting manufacturers, operators and pilots that action may be needed to address potential interference with sensitive aircraft electronics caused by the use of 5G telecommunications technology. … Source: Claims Journal

DHANBAD, India (AP) — Every day, Raju gets on his bicycle and unwillingly pedals the world a tiny bit closer to climate catastrophe. Every day, he straps half a dozen sacks of coal pilfered from mines — up to 200 … Source: Claims Journal

Johnson & Johnson and Costco Wholesale Corp have reached a tentative agreement to settle lawsuits over the presence of a cancer-causing substance in several recalled J&J sunscreen products. Lawyers for the companies and for plaintiffs suing over the Neutrogena and … Source: Claims Journal

Johnson & Johnson said it has settled most of the lawsuits it faced by thousands of men who claimed its anti-psychotic drug Risperdal caused them to develop excessive breast tissue and disclosed that it recorded $800 million in expenses in … Source: Claims Journal

MEXICO CITY–At least one person was killed and over a dozen were injured when a pipeline of state oil firm Petroleos Mexicanos (Pemex) exploded in the central Mexican state of Puebla after it was breached by suspected fuel thieves, authorities … Source: Claims Journal

MADISON, Wis. (AP) _ Wisconsin residents affected by PFAS contamination say the Biden administration’s recently announced strategy to address harmful forever chemicals doesn’t go far enough and highlights the need for state standards. But industry officials argue state regulators should … Source: Claims Journal