Claims / Legal
Equifax Will Fork Over Up to $700M in U.S. Breach Probe Resolution
Equifax Inc. agreed to pay up to $700 million to resolve U.S. federal and state investigations into the 2017 hack that compromised some of the most sensitive information of more than 140 million ...
Calif. Misclassification Suit Continues Even as Insurers Win Appellate Victory
Insurers and service companies won a major victory this week against lawyers who were trying to bind a group of 1,550 California property appraisers together to sue Farmers Group and Allstate ...
Cell Phones Could Still Be a Safety Issue on Some Boeing Jets
U.S. government officials in 2014 revealed an alarming safety issue: Passenger cellphones and other types of radio signals could pose a crash threat to some models of Boeing 737 and 777 airplanes. ...
Another Opioid Distributor Is Charged Over Its Role in the U.S. Drug Epidemic
An Ohio drug wholesale distributor and two former executives were charged on Thursday with profiting from the U.S. opioid epidemic by selling millions of pills despite signs the addictive drugs were ...
Markel Says It Is Resolving Suits Filed by Fired CatCo Execs Over Unpaid Bonuses
Markel Corp. appears on the way to settling with two former employees who sued over unpaid bonuses after they were dismissed for allegedly having a personal relationship that Markel said violated ...
Prosecution Accuses J&J of Avoiding Responsibility for Allegedly Fueling Opioid Crisis
Even after illegally promoting opioid painkillers to reap billions of dollars in profit over the past two decades, Johnson & Johnson has accepted "zero responsibility'' for its central role in ...
Roundup Jury Award Slashed to $25.3M; Bayer Appeal Still Planned
A federal judge on Monday slashed a damages award Bayer AG owed a California man who blamed Roundup weed killer for his cancer, to $25.27 million from $80.27 million, while rejecting the company's ...
U.S. Workers Comp On Track for a Fifth Consecutive Year of Underwriting Profits: Fitch
The U.S. workers compensation insurance market is likely to post a fifth consecutive year of underwriting profits in 2019 after stellar results in 2018, Fitch Ratings is predicting in a new report. ...