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An Australian court on Tuesday ordered Johnson & Johnson to pay three women a total of A$2.6 million ($1.7 million) plus legal costs as compensation for misleading patients and surgeons about the risks of its pelvic mesh implants. The Federal … Source: Claims Journal

AIR Worldwide published an evaluation of potential coronavirus disease 2019 (COVID-19) cases in other countries, using its pandemic model to run hypothetical scenarios that could reveal those countries at the highest risk for onward infections. In these scenarios, AIR simulated … Source: Claims Journal

As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told not to shake hands with fellow … Source: Claims Journal

U.S. protection of wetlands has expanded and contracted dramatically over the last five years, as Democratic and Republican administrations rewrote Clean Water Act rules to their constituencies’ liking. The lack of high-quality economic analysis has been a recurring theme in … Source: Claims Journal

Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds. Silver Lake Management LLC, a private equity firm, led the round, which … Source: Claims Journal

The mass shooting at a brewery in Milwaukee, Wisconsin, was the 13th in the U.S. since 2006. Workplace mass shootings remain a rare event but there are some trends among who carries them out and why. The Associated Press/USA TODAY/Northeastern … Source: Claims Journal

An insurer whose policy covers the “actual cash value” of a property may deduct for depreciation of labor costs when it calculates the amount of the loss, the North Carolina Supreme Court ruled. The court noted that the question of … Source: Claims Journal

LOS ANGELES — In a Koreatown restaurant known for its beef bone broth soup, the lunchtime crowd Friday was half its normal size. The reason was a virulent rumor about a customer with coronavirus. Han Bat Shul Lung Tang was … Source: Claims Journal

At least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion. New research published today in a National Bureau of Economic Research working paper shows that markets fail to incorporate risks from flooding … Source: Claims Journal

DES MOINES, Iowa — The Iowa Supreme Court on Friday dramatically reduced the compensation a paralyzed northeast Iowa man received from a jury in a lawsuit against an insurance company even while finding the company’s actions were “reprehensible.” Despite criticizing … Source: Claims Journal