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California power giant PG&E Corp. was stripped of its right to exclusively pitch a reorganization plan in court, escalating an already-heated battle over the largest utility bankruptcy in U.S. history. The shares dropped more than 25% in after-hours trading. U.S. … Source: Claims Journal

“Where’s the best place to hide a body? The second page of a Google search.” The gallows humor shows that people rarely look beyond the first few results of a search, but Lee Griffin isn’t laughing. In the 13 years … Source: Claims Journal

American Airlines Group Inc on Wednesday extended cancellations of Boeing 737 MAX flights through Jan. 15, running contrary to the U.S. planemaker’s promises that the grounded jets would be flying again before the year-end. The largest U.S. airline, which had … Source: Claims Journal

Purdue Pharma LP’s billionaire owners, the Sackler family, are a step closer to a trial in Massachusetts over their role in the opioid epidemic, after a judge said the state had made credible allegations of misconduct in marketing of the … Source: Claims Journal

Johnson & Johnson’s Janssen unit was hit with an $8 billion punitive-damages verdict — the largest jury award in the U.S. this year — over its alleged mishandling of an anti-psychotic drug blamed for causing adolescent boys to grow female-sized … Source: Claims Journal

As the cyber insurance market continues to grow, it’s only natural to discuss its place in the battle against cyber-attacks, including ransomware, which has been a prevalent topic in recent months. Over the last several years, the cyber insurance market … Source: Claims Journal

PG&E Corp., the California utility giant forced into bankruptcy by devastating wildfires, has cut power to 513,000 customers in the first phase of its biggest-ever intentional blackout to keep power lines from sparking more blazes. The shutdowns in Northern California … Source: Claims Journal

While the insurance industry has been ringing alarm bells about inflated claims pushed by overzealous public adjusters, an organization pushing to make independent claim adjusters more professional is winning support from both Republicans and Democrats in statehouses across the nation. … Source: Claims Journal

WASHINGTON — U.S. and European Union regulators said on Tuesday they were still reviewing changes Boeing Co made to 737 MAX software after two fatal crashes, a development that raised questions about how quickly the grounded aircraft can return to … Source: Claims Journal

When a deadly tornado ripped through Ruston and Louisiana Tech University in the early morning darkness of April 25, hundreds of volunteers fanned out for rescues and cleanup. Everyone from NBA Hall of Famer Karl Malone and energy magnate James … Source: Claims Journal