Archive for July 2021
Marilyn Monroe Is Still a Counterfeiter’s Best Friend
Nearly six decades after her death, Marilyn Monroe is still a popular choice for mugs, T-shirts, jewelry and other products using her name — even illegally. Authentic Brands Group LLC, which owns the rights to the late movie star’s name … Source: Claims Journal
Read MoreFAA Orders Safety Inspections of Some Bell Helicopters After Canada Crash
The U.S. Federal Aviation Administration (FAA) on Wednesday issued an emergency directive requiring main rotor inspections for some Bell model 212, 204 and 205 helicopters after a fatal crash in Canada last month. The FAA said operators must complete inspections … Source: Claims Journal
Read MoreKey States Agree to Revised Deal with Purdue Pharma, Sacklers
Purdue Pharma LP won the support of more than a dozen states that had opposed its $4.5 billion bankruptcy plan after members of the Sackler family that own it agreed to pay more money and relinquish control of two family … Source: Claims Journal
Read MoreTrump Sues Social Media Firms Alleging Free Speech Violations
Former U.S. President Donald Trump on Wednesday filed lawsuits against Twitter Inc, Facebook Inc, and Alphabet Inc’s Google, as well as their chief executives, alleging they unlawfully silence conservative viewpoints. The lawsuits, filed in U.S. District Court in Miami, allege … Source: Claims Journal
Read MoreBiden Considers U.S. Response to Growing Ransomware Threat
President Joe Biden on Wednesday discussed the possibility of responding to a spate of ransomware attacks against U.S. entities that are believed to be perpetrated by Russian-linked hackers, a growing concern for his administration. Biden gathered members of his national … Source: Claims Journal
Read MoreViewpoint: Due Process, Bill Cosby, and D&O Liability Insurance Conduct Exclusions
Directors and officers liability insurance policies often contain exclusions for losses related to criminal or deliberately fraudulent activities. Such exclusions usually are limited to circumstances in which the fraud or crime is finally adjudicated. The path from initial allegations to … Source: Claims Journal
Read MoreSome Abuse Survivors Outraged by Boy Scouts $850M Bankruptcy Deal
An $850 million agreement by the Boy Scouts of America to compensate sex-abuse victims prompted outrage Friday from some survivors and their advocates, while others were encouraged and saw it as the best outcome that could be achieved under the … Source: Claims Journal
Read MoreBiden Says Kaysea Ransomware Attack Caused ‘Minimal Damage’ to U.S. Firms
President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses. “It appears to have caused minimal damage to U.S. businesses, but we’re still … Source: Claims Journal
Read MoreCalifornia City Requires Gun Owners to Buy Liability Insurance
San Jose, Calif., officials have passed a new law that requires gun owners to carry liability insurance and pay a fee to cover taxpayers’ costs associated with gun violence. The law is the first in the U.S. and was unanimously … Source: Claims Journal
Read MoreViewpoint: Can We Win the Comp Pain Game of Whack-a-Mole?
In the 1980s, pain specialists argued there was a “low incidence of addictive behavior” associated with opioids and pushed for their increased use to treat long-term pain. For 20 years, pharmaceutical manufacturers, consultants, salespeople, entrepreneurs, and doctors collaborated to sell … Source: Claims Journal
Read More