Archive for August 2019
CRU Group, RT Speciality, Lombardi Associates Make Appointments
CRU Group Hires CEO for US Claims CRU Group has appointed David Repinski as chief executive officer of CRU USA, which provides claims adjusting services. “The dramatic consolidation of the independent adjusting sector in the United States has created huge … Source: Claims Journal
Read MoreOpioid Distributors Propose $10 Billion to End State Claims
McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp. have proposed paying $10 billion to settle claims they helped to fuel the U.S. opioid epidemic — the first sign of progress in resolving state lawsuits against the drug distributors, according to … Source: Claims Journal
Read MoreArizona Asks for US Supreme Court Involvement in Opioid Case
PHOENIX — Arizona’s attorney general on Wednesday asked the U.S. Supreme Court to force the Sackler family, which owns OxyContin-maker Purdue Pharma, to return billions of dollars they took out of the company. The court filing marks the first time … Source: Claims Journal
Read MoreEnbridge to Keep Kentucky Gas Pipe Shut for at Least a Week After Blast
Canadian energy company Enbridge Inc said the section of its Texas Eastern pipeline in Kentucky that exploded on Thursday, killing one person, will remain shut through at least Aug. 12. Enbridge said in a notice to customers Monday afternoon it … Source: Claims Journal
Read MorePower and Tech Giants Fight Over Airwaves Space in the U.S.
As tropical storm Barry roared ashore in Louisiana last month, Entergy Corp. monitored the electric grid using airwaves that have long been reserved for utilities and first responders. Those secure, wireless signals helped the company manage outages, even while winds … Source: Claims Journal
Read MoreL’Oreal Fights California Startup Over Secret to Protecting Hair
L’Oreal SA made its name with an innovative hair-dyeing technology more than a century ago. Now the world’s largest beauty company is facing off in federal court against a California startup with pioneer claims of its own. The startup, Olaplex … Source: Claims Journal
Read MoreNJ Transit Withholds Braking-Project Costs as ‘Trade Secret’
New Jersey Transit is withholding the growing cost of one of its biggest-ever capital projects, an emergency rail-braking system ordered by Congress. In 2017, the so-called positive train control system had a cost of at least $320 million, more than … Source: Claims Journal
Read MoreMallinckrodt Puts Off Planned Generics Spinoff Amid Opioid Cases
Mallinckrodt Plc said it would suspend the spinoff of its specialty-generics business as it grapples with a wave of lawsuits related to opioid painkillers and a bruising marketplace for copycat medicines. The company is still considering a range of options … Source: Claims Journal
Read More3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith
Kyle and Marie Stechert say they rushed to buy another car after their vehicle was “totaled” in an accident because their insurance carrier refused to keep paying for their rental vehicle. The new car was twice as expensive as the … Source: Claims Journal
Read MoreViewpoint: CMS’ Liability Medicare Set Aside Proposal is Bad Policy
It’s a scenario every senior citizen fears—getting seriously injured in an accident. Whether it’s a slip and fall at the grocery store or getting hit by a car crossing the street, the question of “who pays?” often isn’t far from … Source: Claims Journal
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