Claims / Legal
Bosch Will Reportedly Pay $300M to Settle U.S. VW Diesel Claims
German auto supplier Robert Bosch GmbH is expected to settle a lawsuit filed by U.S. owners related to the Volkswagen pollution scandal for more than $300 million, a source briefed on the matter said ...
20 States Sue Mylan, Teva, Others Alleging Generic Drug Price Fixing
Two years after high generic drug prices became a public controversy, legal cases are starting to land. Twenty states filed a lawsuit Thursday against Mylan NV , Teva Pharmaceuticals and four other ...
Social Media: Good and Bad for Insurers, Claims
A blessing and a curse is how one industry expert described social media in relation to claims handling, while another said it offered a way for insurers and claims departments to voice ...
Merck Wins $2.54B in Royalties From Gilead in Patent Lawsuit Trial
Merck & Co. on Thursday was awarded $2.54 billion in royalties by a federal jury in a patent lawsuit against Gilead Sciences Inc. over Gilead's blockbuster hepatitis C drugs Sovaldi and Harvoni. ...
Two Insurance-Related Risk Services Companies Make Acquisitions
Two companies that provide various services and products in insurance-related areas including risk management compliance and claims have made acquisitions. The first, Origami Risk in Chicago, said it ...
American Family Ordered to Pay $20M in Age/Sex Discrimination Jury Verdict
A Missouri woman who sued American Family Insurance for retaliation and age and sex discrimination has been awarded $20 million in punitive damages. Deborah Miller, 60, of Blue Springs, also was ...
Yahoo Discloses Second Massive Hack Attack; More Than 1 Billion Hit in 2013
Yahoo! Inc. disclosed a second major security breach that may have affected more than 1 billion user accounts, another blow to the company's reputation as it nears the sale of its main web businesses ...
SCOTUS Will Consider Patent Lawsuit Limits
The U.S. Supreme Court on Wednesday agreed to decide whether to limit where patent lawsuits may be filed, potentially threatening a years-long trend that critics say allows frequent and ...