Claims / Legal
India Recommends J&J Pay Patients Compensation Over Recalled Hip Implants
A government panel has recommended that Johnson & Johnson (J&J) pay compensation of at least $28,500 to each Indian patient who suffered from artificial hip implants the U.S. healthcare firm ...
Insurers Can Handle Hurricane Lane’s Hawaii Damage: A.M. Best
Hurricane Lane may have caused widespread floods and landslides in Hawaii, but insurers should be equipped to handle any losses, A.M. Best said in a new briefing. The ratings agency said that most ...
Another Tally Leaves Puerto Rico Hurricane Maria Deaths Much Higher Than Initial Count
Nearly 3,000 Puerto Ricans died due to Hurricane Maria, according to a George Washington University report commissioned by Governor Ricardo Rossello that's the latest to assert that the island ...
Allstate Will Acquire Identity Protection Company in $525M Cash Deal
The Allstate Corp. is expanding into the identity protection space with a planned $525 million acquisition of InfoArmor Inc. Allstate will pay cash for the privately held Scottsdale, Ariz. company ...
Calif. Proposes Help for Utilities’ Fire-Related Liability Costs
California lawmakers outlined a proposal to help PG&E Corp. and other utilities cope with billions of dollars of potential damages from deadly wildfires that ravaged the state last year. The ...
Internet Trade Groups File Appeal Urging U.S. Court to Bring Back ‘Net Neutrality’ Rules
A coalition of trade groups representing companies including Alphabet Inc, Facebook Inc and Amazon.com Inc, urged a U.S. appeals court to reinstate landmark "net neutrality" rules adopted in 2015 to ...
China’s Ping An Insurance Is Suing U.S. Broker Over Use of Its Name
China's giant Ping An Insurance Group is suing a California-based wholesale brokerage over its use of the name Ping An. The Chinese financial services firm is demanding that Ping An Insurance Center ...
Record Rain From Hurricane Lane Causes Hawaii Floods and Landslides
A weakening Hurricane Lane has brought record rainfall to Hawaii, where flooding threatens $8 billion of homes. In 12 hours, 16.48 inches (42 centimeters) of rain fell on the Big Island of Hawaii, ...