Archive for September 2019

Purdue Pharma LP filed for bankruptcy with a more than $10 billion plan to settle claims that it fueled the U.S. opioid epidemic by illegally pushing sales of its addictive OxyContin painkiller. The Chapter 11 filing on Sunday in White … Source: Claims Journal

Insurance retailers are teaming up with tech wizards to sell cybersecurity along with cyber coverage as a means of trimming premiums and winning over customers in a vastly underserved market: small and mid-sized businesses. Coalition, a San Francisco managing general … Source: Claims Journal

As Boeing Co sets its sights on winning approval to fly its 737 MAX within weeks, following a six-month safety ban, engineers around the world are rolling out plans for one of the biggest logistical operations in civil aviation history. … Source: Claims Journal

Global health regulators sounded a coordinated alarm about the possibility that a stomach drug taken by millions of people could be tainted with the same cancer-causing agent that has sparked a worldwide recall of blood-pressure pills. Drug-safety officials in the … Source: Claims Journal

LOS ANGELES — A federal appeals court attempted to close the book on endless litigation between the relatives of author John Steinbeck in a ruling that upheld a $5 million verdict against his daughter-in-law, but threw out $8 million she … Source: Claims Journal

SAVANNAH, Ga. — As authorities try to answer why a cargo ship carrying 4,200 vehicles overturned on the Georgia coast, maritime experts say investigators will be looking for shifting cargo or other problems that upset the giant vessel’s balance enough … Source: Claims Journal

LOS ANGELES — The Coast Guard has announced new safety recommendations in the wake of a fatal boat fire off the Southern California coast that killed 34 people. The agency recommended limiting the unsupervised charging of lithium-ion batteries and the … Source: Claims Journal

A judge approved a bid by U.S. cities and counties suing opioid makers such as Johnson & Johnson and Teva Pharmaceutical Industries Ltd. to negotiate a settlement as a group, in an effort to resolve the sweeping litigation over the … Source: Claims Journal

LOS ANGELES – A dive boat that caught fire and sank off the California coast, killing 34 people, was raised from the ocean floor on Thursday as federal safety officials said the crew had no night watchman on duty, as … Source: Claims Journal

Purdue Pharma LP, maker of the highly addictive Oxycontin painkiller, is pitting state against state with its offer of about $12 billion to resolve the company’s liability for the massive public-health crisis tied to opioid abuse that’s swept the U.S. … Source: Claims Journal