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J&J Faces 100,000 More Damage Claims After Taking $8 Billion Hit
Johnson & Johnson has taken some costly beatings in court this year. And it could get worse. Just last week, a jury ordered J&J to pay $8 billion for wrongfully pushing doctors to prescribe the anti-psychotic drug Risperdal. While the … Source: Claims Journal
Read MorePurdue Judge Halts Government Opioid Suits Against Drugmaker
Purdue Pharma LP and its billionaire owners won a temporary reprieve from nearly 2,700 opioid lawsuits, giving the bankrupt drugmaker time to clinch a deal that would atone for its role in America’s addiction epidemic. U.S. Bankruptcy Judge Robert D. … Source: Claims Journal
Read MoreDeadly Los Angeles Wildfire Burns With Subdued Fury After Change in Weather
Firefighters have tightened their grip on a deadly Los Angeles wildfire burning with subdued fury on Sunday after extremely dry desert winds that had stoked the flames gave way to moister, gentler breezes blowing in from the Pacific. The so-called … Source: Claims Journal
Read MoreOne Massive Blackout Is Over, Now California Braces for the Next
An unprecedented blackout that plunged millions of Californians into the darkness for days is over. And nobody can say when the next will hit. Even as PG&E Corp. declared an end to last week’s shutoffs — a deliberate move to … Source: Claims Journal
Read MoreGrowing Private Flood Market Will Test Claim Professionals
A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way. An executive for Munich … Source: Claims Journal
Read MoreBlack Guest Ousted from Doubletree Hotel Sues for $10M
PORTLAND, Ore. — A hotel guest whose lawyers say he was ousted from a DoubleTree hotel in Oregon for “calling his mother while black” from his cellphone in the hotel lobby is seeking $10 million in a lawsuit. The lawsuit … Source: Claims Journal
Read MoreNike to Shut Down Oregon Project After Top Coach Is Banned
Nike Inc. is ending its Oregon Project supporting elite track athletes after a top coach was banned for violating anti-doping rules in a scandal that has engulfed the sport’s biggest corporate backer. A company spokesman confirmed the decision, which came … Source: Claims Journal
Read MoreTwo California Wildfires Destroy Homes Near Los Angeles, Leaving At Least One Dead
A pair of wildfires has destroyed dozens of homes near Los Angeles, killed a man and forced some 100,000 residents to evacuate, fire officials said on Friday, days after power cuts were ordered across the state to prevent fires. In … Source: Claims Journal
Read MoreSafety Panel Says FAA Failed To Properly Review 737 Max Jet Anti-Stall System
U.S. aviation regulators assessing Boeing Co.’s 737 Max sometimes didn’t follow their own rules, used out-of-date procedures and lacked the resources and expertise to fully vet the design changes implicated in two fatal crashes, a review panel comprised of global … Source: Claims Journal
Read MoreHyundai, Kia Earmark $760M To Settle Lawsuits Over Engine Fires
SEOUL — Hyundai Motor Co. and affiliate Kia Motors Corp. have earmarked 900 billion won ($758 million) to settle U.S. class action litigation and address engine-related issues in the United States and South Korea. The move marks the South Korean … Source: Claims Journal
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