Archive for August 2019
Sackler Family Backs $11.5 Billion Purdue Opioid Settlement
The Sackler family and their embattled drugmaker, Purdue Pharma LP, are backing a proposal to resolve all opioid lawsuits against themselves and the company for more than $11 billion in what would be the largest settlement to date in the … Source: Claims Journal
Read MoreMore Airlines Ban MacBook Pros in Checked Luggage
Restrictions on MacBook Pro laptops on flights spread, with Qantas Airways Ltd. barring some models from checked-in luggage on concern that batteries could catch fire. All 15-inch versions of Apple Inc.’s MacBook Pro must be carried in the cabin and … Source: Claims Journal
Read MoreFitch: Technology Needed to Reverse Commercial Auto’s Dismal Performance
The commercial auto line hasn’t returned an underwriting profit for eight years now. Growing claim severity is a big part of the problem. Advanced technology needs to be a part of the solution, according to a report released Tuesday by … Source: Claims Journal
Read MoreU.S. to Test Mirrorless, Camera-Based Systems in Autos
WASHINGTON — The U.S. National Highway Traffic Safety Administration plans to test how drivers could use cameras to replace traditional rearview mirrors in automobiles, a technology already allowed in other countries, the agency said on Tuesday. The planned test by … Source: Claims Journal
Read MoreHow Much Pot in that Brownie? Chocolate Can Throw Off Tests
How much marijuana is really in that pot brownie? Chocolate can throw off potency tests so labels aren’t always accurate, and now scientists are trying to figure out why. In states where marijuana is legal, pot comes in cookies, mints, … Source: Claims Journal
Read MoreWorkers Rush to Rebuild Glacier Chalet During Short Construction Season
WEST GLACIER, Mont. — Workers for the general contractor toil eight days straight, in 10-hour shifts, before hiking the 6-plus miles out for six days off. They’re replaced during that time by another crew from Dick Anderson Construction. That rotation … Source: Claims Journal
Read MoreFBI Takes Down Nigerian Fraudsters in $46M Case
LOS ANGELES — The relationship between a Japanese woman and a U.S. Army captain stationed in Syria started online, through an international social network for digital pen pals. It grew into an internet romance over 10 months of daily emails. … Source: Claims Journal
Read MoreOpioid Fines Could Reach $150 Billion in Worst-Case Scenario
Monday’s $572 million judgment against Johnson & Johnson may mean one analyst’s “bear case scenario” of $150 billion in opioid damages just got one step closer. Patrick Trucchio, a Berenberg analyst, on Tuesday renewed his April projection for U.S. liabilities … Source: Claims Journal
Read MoreDorian Sets Course Toward Puerto Rico, Bahamas, Florida
Tropical Storm Dorian is expected to strengthen, potentially approaching hurricane status by the time it gets to Puerto Rico Wednesday, but it won’t pack the same punch as other storms in recent years. Dorian was about 15 miles (24 kilometers) … Source: Claims Journal
Read MoreIs a Printed Gun Free Speech? This Isn’t Your 1791 Right to Arms
It’s a question of who’s violating the U.S. Constitution when it comes to print-at-home guns — the federal agency accused of recklessly deregulating the weapons or the states that claim they’re a threat to public safety. A federal judge could … Source: Claims Journal
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