Archive for September 2024
Baltimore Latest to Settle With Teva, Walgreens Ahead of Opioid Trial
Baltimore said on Tuesday that it has settled with Walgreens over claims that the pharmacy operator fueled opioid addiction in the Maryland city, the latest in a series of settlements totaling $402.5 million ahead of a trial scheduled to begin … Source: Claims Journal
Read MoreVolkswagen to Recall Nearly 99,000 EVs in U.S. Over Door Handle Issues
The U.S. National Highway Traffic Safety Administration said on Tuesday that Volkswagen would recall 98,806 electric SUVs to fix their door handles as they do not offer enough protection against water ingress. The NHTSA said the recall, which includes ID.4 … Source: Claims Journal
Read MoreVerisk Estimates Global Modeled Insured Average Annual Loss from Nat Cats at $151B
In the past five years, the annual insured losses from natural catastrophes averaged $106 billion, up from $83 billion in the preceeding five-year period, new data from Verisk shows. And with a noticible uptick in extreme weather in recent times, … Source: Claims Journal
Read MoreNestle to Pay €2 Million to End French Mineral Water Case
A unit of Nestle SA agreed to pay €2 million ($2.2 million) to settle French criminal allegations focusing on its production of natural mineral water. The deal, which was approved on Tuesday by a judge in Epinal, east of France, … Source: Claims Journal
Read MoreRed Lobster Landlord Sues Insurer to ‘Clawback’ $1.2M Fire Claim Payment
The landlord for a fire-damaged building leased to a Red Lobster restaurant is blaming the restaurant’s insurer for causing it to lose out on $1.2 million in fire insurance claims payments to repair the property. RL New Brunswick Owner LLC, … Source: Claims Journal
Read More15 Feet of Storm Surge Possible When Francine Hits Gulf Coast, 125K Homes at Risk
One forecast calls for Francine to intensify into a Category 2 hurricane in the next 24 hours before hitting the Louisiana coast with storm surge of up to 15 feet, while a catastrophe modeler says the surge could cause flooding … Source: Claims Journal
Read MoreCars Collect Troves of Data About Traffic And Road Hazards. Should They Share It?
The secret to avoiding red lights during rush hour in Utah’s largest city might be as simple as following a bus. Transportation officials have spent the past few years refining a system in which radio transmitters inside commuter buses talk … Source: Claims Journal
Read MoreU.S. Regulators Aim to Force Recall of 51 Million Car Air Bags
U.S. regulators took a step toward forcing a recall of as many as 51 million air bag inflators they have said could explode in a crash, an escalation of a safety issue that has plagued the auto industry for years. … Source: Claims Journal
Read MoreTrojan Condoms Contain ‘Forever Chemicals,’ Lawsuit Claims
A new lawsuit claims that Trojan condoms are not safe because they contain toxic “forever chemicals,” which have been linked to cancer. In a proposed class action filed in Manhattan federal court, the plaintiff Matthew Goodman said Church & Dwight’s … Source: Claims Journal
Read MoreIn the Dark: Telling The Truth About Flooding Requires Accurate Maps and Strong Disclosure Laws
Hundreds of thousands of Americans already live in homes that have repeatedly flooded. To get a good handle on the extent of those losses, check out the Federal Emergency Management Agency’s web page that hosts an extensive dataset with information … Source: Claims Journal
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