Uncategorized

Teva Pharmaceutical Industries Ltd. is preparing for a potential reckoning with the U.S. epidemic of opioid addiction. The drugmaker’s shares tumbled after it set aside $646 million to help pay legal expenses related to its alleged role in the abuse … Source: Claims Journal

Most retailers have plans in place to deal with an active shooter, like the one that terrorized a Walmart Inc. store this past weekend in El Paso, Texas. But a hot job market has hit worker retention rates, making it … Source: Claims Journal

The U.S. National Highway Traffic Safety Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and has subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy … Source: Claims Journal

Concern over Novartis AG’s corporate culture returned to the spotlight after U.S. regulators said the Swiss drugmaker delayed disclosing manipulation of animal testing data for the world’s most expensive drug. The company became aware of a data problem on March … Source: Claims Journal

CRU Group Hires CEO for US Claims CRU Group has appointed David Repinski as chief executive officer of CRU USA, which provides claims adjusting services. “The dramatic consolidation of the independent adjusting sector in the United States has created huge … Source: Claims Journal

McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp. have proposed paying $10 billion to settle claims they helped to fuel the U.S. opioid epidemic — the first sign of progress in resolving state lawsuits against the drug distributors, according to … Source: Claims Journal

PHOENIX — Arizona’s attorney general on Wednesday asked the U.S. Supreme Court to force the Sackler family, which owns OxyContin-maker Purdue Pharma, to return billions of dollars they took out of the company. The court filing marks the first time … Source: Claims Journal

Canadian energy company Enbridge Inc said the section of its Texas Eastern pipeline in Kentucky that exploded on Thursday, killing one person, will remain shut through at least Aug. 12. Enbridge said in a notice to customers Monday afternoon it … Source: Claims Journal

As tropical storm Barry roared ashore in Louisiana last month, Entergy Corp. monitored the electric grid using airwaves that have long been reserved for utilities and first responders. Those secure, wireless signals helped the company manage outages, even while winds … Source: Claims Journal

L’Oreal SA made its name with an innovative hair-dyeing technology more than a century ago. Now the world’s largest beauty company is facing off in federal court against a California startup with pioneer claims of its own. The startup, Olaplex … Source: Claims Journal