7th Circuit Lays Obstacle For Litigation Funders With False Claims Act Suits August 19, 2020 By Jim Sams A federal appellate court dealt a blow against litigation funding companies by ruling that the U.S. Justice Department can dismiss...
Mauritius Arrests Captain of Japanese Oil Spill Ship August 18, 2020 By Giulia Paravicini Mauritius has arrested the captain of a Japanese bulk carrier that ran aground off its coast, causing a devastating oil...
States Seek $2.2 Trillion From Oxycontin Maker Purdue Pharma August 18, 2020 By Mike Spector NEW YORK — U.S. states claimed they are owed $2.2 trillion to address harm from OxyContin maker Purdue Pharma LP’s...
U.S. Sues Teva Over Alleged Kickbacks For Multiple Sclerosis Drug August 18, 2020 By Jonathan Stempel and Nate Raymond The U.S. government sued Teva Pharmaceutical Industries Ltd on Tuesday, accusing the drugmaker of causing the submission of false claims...
From Africa to America, Businesses and Insurers Face Survival Showdowns August 18, 2020 By Emma Rumney and Noor Zainab Hussain PILANESBERG NATIONAL PARK, South Africa — W ynand du Toit’s safari camp in South Africa’s Pilanesberg National Park lies abandoned,...
Lightning Sparks New Wildfires Across California August 18, 2020 LOS ANGELES — A rare summer thunderstorm brought lightning that sparked several small blazes in Northern California on Sunday and...
Federal Judge Denies Bid to Remove COVID-19 Business Interruption Suit August 18, 2020 By Andrew G. Simpson A federal judge in California disappointed a law firm suing Travelers Insurance over coronavirus lockdown related business interruption claims in...
Analysts Predict Trouble Ahead for Personal Auto as Claims Volume Returns to Normal August 18, 2020 By Jim Sams Insurers are making a bundle on personal auto because claims have plummeted, but the long-term outlook for the line isn’t...
Daimler to Pay $2.2 Billion to Settle U.S. Diesel Issues August 17, 2020 By Christoph Rauwald and Ryan Beene Daimler AG will pay about $2.2 billion to settle U.S. diesel-emissions issues in the latest fallout from years of closer...
OSHA Inspector Called Ahead of Meat Plant Visit, to Be Safe August 17, 2020 By Clare Roth A federal safety inspector tipped off a coronavirus-tainted Pennsylvania meatpacking plant before visiting the next day — then failed to...