Archive for March 2019

Purdue Pharma LP and its billionaire owners, the Sackler family, were sued by New York state for triggering an addiction epidemic with their marketing of the Oxycontin painkiller, just two days after they agreed to pay $270 million to settle … Source: Claims Journal

For American farmers already struggling to navigate the U.S.-China trade war, optimism for the spring planting season is washing away. Floods from the Mississippi Delta to the Dakotas have inundated roads and submerged fields just as Midwestern farmers should be … Source: Claims Journal

Boeing Co. was agonizingly close to a software fix for its 737 Max jetliner when an Ethiopian Airlines jet plunged to the ground March 10, the second deadly crash in less than five months. The U.S. planemaker, working with regulators, … Source: Claims Journal

Photo courtesy of Robert A. Ball The mother of a Texas man who was killed when his vehicle collided with an SUV driven by a storm-chasing television crew has filed a $125 million lawsuit against The Weather Channel. The suit … Source: Claims Journal

Bayer AG lost a second trial over claims its Roundup weed killer causes cancer, increasing pressure on the company to spend billions of dollars to settle thousands of similar lawsuits. A jury in San Francisco federal court awarded compensatory damages … Source: Claims Journal

Insurers believe that fraud in on the rise, and they are increasingly turning to advanced analytics to fight it, according to the results of a survey released Wednesday by the Coalition Against Insurance Fraud. The Coalition said the survey of … Source: Claims Journal

Johnson & Johnson took the unusual step of settling two women’s claims that its talc-based products caused their asbestos-linked cancers rather than let juries decide the cases, opening a new front in the growing litigation against the world’s largest maker … Source: Claims Journal

The more malpractice claims a physician accrues, the greater the likelihood that doctor will switch to a smaller practice or stop practicing medicine altogether, a new study suggests. Data on nearly a half million practitioners didn’t yield evidence that doctors … Source: Claims Journal

While insurance carriers are warming to the idea of automating the claims process—and even possibly touchless claims handling—auto insurance policyholders are still wary of do-it-yourself approaches that don’t give them access to empathetic humans. Those customers who have filed claims … Source: Claims Journal

About the photo: This image released on Tuesday shows Dutch art detective Arthur Brand with “Buste de Femme”, a recovered Picasso painting. (Arthur Brand via AP) AMSTERDAM — A Dutch art detective said Tuesday that he has recovered a valuable … Source: Claims Journal