Archive for April 2020

New York state brought civil charges on Tuesday accusing Mallinckrodt Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, leading to medically unnecessary prescriptions. Governor Andrew Cuomo said the charges brought by New York’s Department … Source: Claims Journal

The, will likely spur the largest single loss in insurance industry history, said Evan Greenberg, chief executive officer of Chubb Ltd, during a call with analysts on Wednesday. Chubb, one of the world’s largest insurers, reported its first-quarter financial results … Source: Claims Journal

WASHINGTON — A handful of mostly southern U.S. states will begin loosening economic restrictions this week in the midst of a still virulent pandemic, providing a live-fire test of whether America’s communities can start to reopen without triggering a surge … Source: Claims Journal

The self-driving car was a dream deferred even before the Covid-19 outbreak brought the U.S. economy to a standstill. By early 2020, plans to launch robotaxi services had been pushed back or scaled down as excitement over driverless cars gave … Source: Claims Journal

As more states take action to ensure workers who contract COVID-19 are eligible for workers’ compensation, employers in Illinois are hoping to block one of the nation’s most expansive emergency rules. The Illinois Technology & Marketing Association (TMA) said in … Source: Claims Journal

Chipotle Mexican Grill Inc. will pay a $25 million criminal fine to resolve allegations by federal prosecutors that its food sickened more than 1,100 people across the U.S. from 2015 to 2018. It’s the largest fine ever imposed in a … Source: Claims Journal

It’s time to figure out what constitutes an “act of God.” Lawyers’ phones have been ringing off the hook in recent weeks, as tenants and landlords grapple over rent payments with much of the U.S. economy shut down. More than … Source: Claims Journal

Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and US Bancorp were sued by small businesses that accused the lenders of prioritizing large loans distributed as part of the virus rescue package, shutting out the smallest … Source: Claims Journal

SIOUX FALLS, S.D. — Kulule Amosa’s husband earns $17.70 an hour at a South Dakota pork plant doing a job so physically demanding it can only be performed in 30-minute increments. After each shift last week, he left exhausted as … Source: Claims Journal

MISSION, Kan. — Kansas has received more personal protective equipment and supplies to expand COVID-19 testing in communities with meat processing plants. Gov. Laura Kelly announced Monday that the federal supplies will go to Finney, Ford and Seward counties in … Source: Claims Journal