asbestos News
Facing Thousands of Lawsuits, J&J Claims New Tests Show Asbestos-Free Baby Powder
Johnson & Johnson said on Tuesday that recent tests showed that Johnson's Baby Powder was free of asbestos, after U.S. Food and Drug Administration investigations reported trace amounts of the ...
J&J’s Own Expert, While With FDA, Found Asbestos in Baby Powder
Ever since Johnson & Johnson disclosed this month that a government test had turned up asbestos in its Baby Powder, the company has attacked the validity of the result. On Tuesday, for example, ...
J&J Will Recall 33,000 Bottles of Baby Powder After FDA Finds Asbestos Traces
Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after the U.S. health regulators found trace amounts of asbestos in samples taken from a ...
Emerging Risks: What’s the Next Asbestos?
Asbestos to date has triggered losses of $100 billion for the insurance industry—and the losses are expected to mount. In short, it is the most expensive lesson learned for the industry in decades. ...
Johnson & Johnson and Talc: What Comes Next and Why It Matters to Insurers
Johnson & Johnson is having increasing legal troubles with talc, a trend that has potential implications for the property/casualty insurance industry. That's because a number of juries have ruled ...
Berkshire Hathaway Specialty Insurance Sues Goodyear Over Covering Asbestos Claims
An insurance unit of Warren Buffett's conglomerate Berkshire Hathaway Inc said it has sued Goodyear Tire & Rubber Co to avoid having to cover asbestos-related injury claims that Goodyear said ...
Halliburton Will Pay $100M to Settle Shareholder Class Action Lawsuit
Halliburton Co on Friday said it had reached a $100 million settlement to resolve a long-running securities fraud class action lawsuit against the oilfield services provider that twice reached the ...
U.S. P/C Insurance Industry Net Asbestos Losses Reach $100B Mark and Rising
Net ultimate asbestos losses for the U.S. property/casualty industry have risen once again. They're now at $100 billion, and that's $15 billion higher than the previous estimate. according to a new ...