Claims / Legal
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 ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
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 ...
Education, Networking Prepare Claim Executives for the Future
Claim professionals gain invaluable insight from education and networking opportunities, according to industry experts who spoke with Claims Journal, Carrier Management's sister publication, in ...
Amazon Airdrops Popcorn in Drone Delivery Milestone
Retail giant Amazon.com Inc. has made its first drone delivery to an actual customer, dropping off a Fire TV device and a bag of popcorn to a house in the rural English countryside 13 minutes after ...
Challenge to NFL Concussion Deal Rejected at U.S. Supreme Court
The U.S. Supreme Court on Monday declined to hear a challenge to the National Football League's estimated $1 billion settlement of concussion-related lawsuits with thousands of retired players ...