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Judge to OK Purdue Pharma’s Massive Opioid Bankruptcy Settlement
A federal bankruptcy judge said on Friday he will approve a restructuring plan for drugmaker Purdue Pharma that includes a $7.4 billion settlement resolving claims that it fueled the U.S. opioid epidemic through the sale of addictive pain medications like … Source: Claims Journal
Read MoreJaguar Land Rover Margin Forecast Cut After Cyberattack
Tata Motors Passenger Vehicles cut its fiscal 2026 margin goal for Jaguar Land Rover on Friday after a cyberattack disrupted production at the luxury automaker, adding to pressure from soft demand in China and chip supply constraints. JLR, which generates … Source: Claims Journal
Read MoreNFIP Reauthorized With Passage of Funding Bill to End Government Shutdown
The National Flood Insurance Program has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown of the federal government, NFIP was temporarily extended until Jan. 30, 2026. The program lapsed … Source: Claims Journal
Read MoreBHP Liable for Brazil Dam Collapse, UK Court Rules in Mammoth Lawsuit
BHP is liable for the 2015 collapse of a dam in southeastern Brazil, London’s High Court ruled on Friday, in a lawsuit the claimants’ lawyers previously valued at up to 36 billion pounds ($48 billion). Hundreds of thousands of Brazilians, … Source: Claims Journal
Read MoreStellantis to Recall Nearly 113,000 US Vehicles Over Engine Failure, Fire Concerns
Chrysler-parent Stellantis is recalling 112,859 U.S. vehicles over possible engine failure or compartment fire, the U.S. National Highway Traffic Safety Administration said on Friday. NHTSA pointed to debris inside the engine as a cause but did not offer more details. … Source: Claims Journal
Read MoreNew Jersey Health Insurer Paying $100M Settlement in Whistleblower Case
Horizon Blue Cross Blue Shield of New Jersey agreed to pay $100 million to resolve allegations in a newly unsealed lawsuit initiated by whistleblowers that accused the insurer of ripping off New Jersey taxpayers. The settlement with the New Jersey … Source: Claims Journal
Read MoreDelaware’s High Court Revives Workers’ Comp Insurer’s UIM Subrogation
The Delaware Supreme Court has revived a workers’ compensation insurer’s claim for subrogation in a case where an employee injured while driving for her employer received payment from her employer’s uninsured motorist insurer after receiving her workers’ compensation benefits. The … Source: Claims Journal
Read MoreBeware the Rise in Unproven ‘Brittleness Test’ for Roof Shingle Claims
A few years ago, in the early 2020s, it was not unusual to hear about or even see roofing workers in Florida deliberately manipulating roof shingles to make it appear that the roof was damaged by storm winds. I saw … Source: Claims Journal
Read MoreLack of Hurricanes Is Leading to Lack of Experience for Adjusters
A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from Hurricane Melissa, which caused catastrophic damage in Jamaica before impacting the surrounding area—without any U.S. … Source: Claims Journal
Read MoreTesla Recalling 10,500 Powerwall 2 Batteries Due to Fire Risk
Tesla said on Thursday it is recalling about 10,500 units of its Powerwall 2 battery power systems in the U.S. for fire and burn hazards after receiving 22 reports of overheating. The U.S. Consumer Product Safety Commission said the recall … Source: Claims Journal
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