Archive for May 2019

NEW YORK (Reuters) – A united front among members of the billionaire Sackler family behind painkiller OxyContin is showing signs of strain from litigation over who bears responsibility for the deadly U.S. opioid epidemic. At least twice in recent months, … Source: Claims Journal

Hailstones the size of golf balls accompanied by as much as four inches of rain pelted the U.S. Gulf coast from Texas to Louisiana, flooding highways, downing power lines and closing some schools, officials said. About 150,000 homes and businesses … Source: Claims Journal

New York City has only spent 54% of the $14.7 billion in already-approved U.S. funds for recovery and storm-protection following 2012’s Hurricane Sandy, according to city Comptroller Scott Stringer. The unspent money from the Federal Emergency Management Agency and the … Source: Claims Journal

Johnson & Johnson failed to get 2,400 state-court cancer lawsuits tied to its baby powder immediately transferred to a federal court in Delaware, where it could forge a single defense strategy. U.S. District Judge Maryellen Noreika in Wilmington dismissed J&J’s … Source: Claims Journal

Boeing Co.’s 737 Max is about to join the list of brands trying to come back from ignominy. Analysts are digging into decades-old safety scares for clues to the future of the jetliner — and Boeing’s finances. There’s the Chevrolet … Source: Claims Journal

An instinct for self-preservation has carriers dipping their toes into the smart home technology space, but no U.S. insurer has taken a full plunge so far. The industry hasn’t settled on how it should get devices such as water-leak detectors … Source: Claims Journal

LANSING, Mich. — Michigan’s Senate passed legislation Tuesday aimed at cutting the country’s highest average auto insurance premiums by eliminating a requirement that drivers buy unlimited medical benefits to cover crash injuries. No other U.S. state has such a mandate. … Source: Claims Journal

HAMBURG, Iowa — Driving along a deeply rutted levee, Heath Smith points to a basketball, picnic basket and pink Big Wheel. He drives past a massive porch. A boat and a semi’s missing trailer sit up ahead. He’s found a … Source: Claims Journal

NIOBRARA, Neb. — People who suffered losses when the Spencer Dam failed in northern Nebraska have gotten more bad news: A state law limits the liability of the dam’s owner. Nebraska Public Power District, which owns the dam, has said … Source: Claims Journal

The Humane Society of the United States has tried for months to stop poultry giant Pilgrim’s Pride Corp. from calling its chicken “100% natural” and “humanely” raised, claiming it’s neither. Following complaints to the U.S. Federal Trade Commission and state … Source: Claims Journal