Claims / Legal
J&J May Never Have to Pay Its $4.7 Billion Baby Powder Court Loss
A $4.7 billion jury verdict against Johnson & Johnson in July helped spark the company's biggest annual share loss in a decade, spotlighting the potential cost of alleged health risks from its ...
Insurers Spent One Dollar in Four on Forest Fires Through 2018: Munich Re
Forest fires are becoming increasingly likely because of climate change and costing insurers more than ever, with the deadly fire that ravaged northern California the single most expensive natural ...
Fiat Chrysler’s Appeal in Class Action Hacking Suit Fails With SCOTUS
The U.S. Supreme Court on Monday declined to hear Fiat Chrysler's appeal in a class action lawsuit over allegations that its Jeeps and other trucks are vulnerable to hacking, one of the first legal ...
A New J&J Talc Trial Begins in California
A California jury on Monday heard opening statements in the latest trial over allegations that Johnson & Johnson's talc-based products, including the company's baby powder, were contaminated with ...
Billions in Federal Storm Mitigation Money Not Being Spent
The Trump administration is sitting on billions of dollars intended to help vulnerable cities and states prepare for extreme weather, prompting growing criticism from state officials worried about ...
Flood Insurance Reform Among Many Bipartisan Issues on House Finance Chair Waters’ Agenda
As Maxine Waters takes the gavel of the powerful House Financial Services Committee, it's not clear whom she'll end up disappointing more: business-friendly Democrats or progressive Democrats. ...
Weather Channel Sued by L.A. Over Allegations It Misused Consumer Location Data
The city of Los Angeles is suing International Business Machines Corp.'s Weather Channel unit, accusing the company of misleading consumers about how their location data was being used. In a ...
Marriott Now Says Fewer Than 383 Million Customers Hit by Massive Hack Attack
Marriott International Inc said on Friday that fewer than 383 million customer records were stolen in a massive cyber attack disclosed last month, down from its initial estimate that up to 500 ...