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U.S. Supreme Court Rebuffs J&J Appeal Over $2B Baby Powder Judgment
WASHINGTON — The U.S. Supreme Court on Tuesday declined to hear Johnson & Johnson’s bid to overturn a $2.12 billion damages award to women who blamed their ovarian cancer on asbestos in the company’s baby powder and other talc products. … Source: Claims Journal
Read MoreAir Taxi Maker Archer Countersues Rival Over ‘False Statements’
Archer Aviation, a flying-taxi developer whose investors include United Airlines, asked a California judge on Tuesday to dismiss a “baseless” lawsuit by competitor Wisk Aero and countersued over “false statements” regarding a criminal probe. Archer and Wisk compete in the … Source: Claims Journal
Read MorePrivate Company Takes Over Puerto Rico Power Company Service
SAN JUAN, Puerto Rico (AP) — A private company on Tuesday took over the transmission and distribution operations of Puerto Rico’s power authority, which has struggled with blackouts and bankruptcy, corruption and mismanagement. The takeover by Luma Energy under a … Source: Claims Journal
Read MoreU.S. Says Ransomware Attack on Meatpacker JBS Likely From Russia
CHICAGO/ABOARD AIR FORCE ONE — The White House said on Tuesday that Brazil’s JBS SA has informed the U.S. government that a ransomware attack against the company that has disrupted meat production in North America and Australia originated from a … Source: Claims Journal
Read MoreChasing Yield, U.S. Private Equity Firms Nudge Up Risk on Insurers
NEW YORK — Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. … Source: Claims Journal
Read MoreTexas Supreme Ct. Approves Discovery for Documents Related to Medical Charges
The Texas Supreme Court ruled that a defendant in a personal-injury suit has a right to review documents regarding medical providers’ negotiated rates and costs even though the providers were not parties to the suit. The high court on Friday … Source: Claims Journal
Read MoreMichigan Car Crash Victims Could Lose Care Under New Rules
LANSING, Mich. (AP) — Courtnie Bush, 16, was never supposed to wake up again, much less smile, stand and walk after she was in a car crash in December. Her mom Jenna said what Courtnie accomplished since then is nothing … Source: Claims Journal
Read MoreHouston Seethes Over Being Frozen Out of Federal Flood Funds
HOUSTON (AP) — Residents of the East Aldine neighborhood of Houston are tired of their homes flooding during hurricanes and of worrying every time it rains because their streets and waterways don’t drain well. Like the rest of the Houston … Source: Claims Journal
Read MoreLouisiana Coast Still Hurting From Storms, Bracing for More
CAMERON, La. (AP) — Scores of people in coastal Louisiana are still living in campers on dirt mounds or next to cement slabs where their houses once stood. Unresolved insurance claims and a shortage of supply and labor are stymieing … Source: Claims Journal
Read MoreSri Lanka Police Investigate Fire on Ship Off Colombo
COLOMBO, Sri Lanka (AP) — A special Sri Lankan police team has begun investigating a fire on a ship anchored off its capital, as the government seeks to take legal action against the vessel’s owners over the incident, which has … Source: Claims Journal
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