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US Businesses Get Hit With Record Numbers of Disability Lawsuits

U.S. small businesses have been battling soaring inflation, labor shortages and supply-chain snarls during the pandemic. Now many are hit by another unexpected challenge: disability lawsuits. Industry associations and business owners say serial plaintiffs filing dozens or hundreds of cases … Source: Claims Journal

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Travelers’ Profit Beats Estimates on Lower Catastrophe Losses

Property and casualty insurer Travelers Companies Inc. reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday, as lower catastrophe-related claims cushioned a hit from investment losses. The company’s core income rose to $1.04 billion, or $4.22 … Source: Claims Journal

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J&J Settles West Virginia Opioid Litigation for $99M

Johnson & Johnson said on Monday it agreed to pay $99 million to settle claims by West Virginia that it helped fuel an opioid addiction crisis in the state, removing the company from an ongoing trial that began earlier this … Source: Claims Journal

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