National News

Halliburton Agrees to Pay $1.1 Billion to Settle Gulf Oil Spill Claims

Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest offshore oil spill in U.S. history. The agreement is subject to court approval and includes legal fees, the Houston-based company …

Shear Gets Credit for Short Atlantic Hurricanes Thus Far

When it comes to Atlantic hurricanes, brief and ugly is beautiful, at least to Phil Klotzbach, lead author of Colorado State University’s seasonal storm forecast. That’s because a ragged-looking tropical system that only lasts a few days is an indication …

J&J Readies for Trial Over Hip Implants Blamed for Poisoning Patients

Johnson & Johnson, which set aside $2.5 billion last year to resolve claims that 8,000 of its artificial hips were defective, faces a new round of lawsuits over another line of hip implants blamed for poisoning patients. J&J’s DePuy unit …

Regional Reporting Names Myers As CEO to Succeed Siegel

Loss prevention consulting firm Regional Reporting Inc. (RRI) has named Allan Myers as the company’s  new CEO. He will assume responsibilities on September 1 and will succeed Louis Siegel, who will continue with RRI as chairman. Myers has been part of the RRI team for more than 13 years, …

Types of Crashes Involving Young Drivers Vary by Gender: Study

Young female drivers have more crashes at intersections and collisions with pedestrians than do young male drivers, who have more off-road and nighttime accidents than young female drivers. Gender is often related to what type of severe or fatal crash …

Judge Upholds $9 Billion Actos Damage Award Against Takeda, Lilly

Takeda Pharmaceutical Co. and Eli Lilly & Co. lost a bid to have a judge throw out a combined $9 billion punitive-damage award over claims the drugmakers hid the cancer risks of their Actos diabetes medicine. Jurors properly considered evidence …

State Farm Enhances Claims Reporting App with Object Recognition Technology

State Farm has added object recognition technology to their Pocket Agent app to make submitting an auto claim via a mobile device easier and simplify the claims process. This new technology reduces the need for typing by using the mobile …

Advice to Bankrupt MF Global Could Cost PwC $1Billion

A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey …

Coast Guard Issues New Rules for Oil Vessels As Spills Increase

Tighter regulation of U.S. ships carrying record exports of diesel and gasoline is coming amid the worst year for oil spills from barges since 2008. Coast Guard rules to be issued within the next 90 days would require commercial vessels …

Incorrect Diagnosis Main Cause of Catastrophic Med Mal Payouts

Huge malpractice awards can be prevented by targeted interventions by healthcare provider organizations to reduce patient safety risks, such as reducing diagnosis errors, according to a study published in the Journal for Healthcare Quality, a peer-reviewed publication of the National …

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