damage claims News

J&J Faces 100,000 More Damage Claims After Taking $8 Billion Hit

Johnson & Johnson has taken some costly beatings in court this year. And it could get worse. Just last week, a jury ordered J&J to pay $8 billion for wrongfully pushing doctors to prescribe the anti-psychotic drug Risperdal. While the …

Insurers Examine Big Data to Identify Risks

Insurance companies are increasingly turning to “big data” from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles. Insurers and reinsurers hope that real time analysis of data about personal …

New Mexico’s Commuter Train Damage Claim Payouts Reach $8M

New Mexico’s commuter rail service has received a free ride while taxpayers have shelled out nearly $8 million to settle damage claims against the Rail Runner Express, according to state records. The Rail Runner, until last month, didn’t pay premiums …

DC Mayor Opposes Plan to Reimburse Flood Victims

District of Columbia Mayor Vincent Gray and water utility officials are opposing a plan by the D.C. Council to reimburse flood victims in Washington because it could set a precedent that would make taxpayers liable for millions in future damage …

New Mexico Court Rules Against Family Given Brain in Bag

A family can’t bring damage claims in New Mexico against an out-of-state funeral home that placed a relative’s brain in a casket with an embalmed body shipped to New Mexico, the state Court of Appeals ruled Wednesday. The New Mexico …