Reckitt Plunges to 11-Year Low on Abbott Infant Formula Verdict July 29, 2024 By Joel Leon and Dasha Afanasieva Reckitt Benckiser Group Plc plunged to an 11-year low on Monday after a verdict against Abbott Laboratories intensified concerns over...
Penn National Can’t Avoid Asbestos Coverage Payout, South Carolina Supreme Court Rules July 29, 2024 By Insurance Journal staff reports Pennsylvania National Mutual Casualty Insurance Co. cannot escape the long tail of asbestos, and must cover part of the litigation...
Banks Need to Prioritize Spending on Cyber Defenses, ECB Says July 26, 2024 By Nicholas Comfort and Verena Sepp The European Central Bank said lenders in the region need to keep investing in their ability to respond to attacks...
J&J Loses Latest Legal Bid to Revive Talc Bankruptcy Strategy July 26, 2024 By Jonathan Randles, David Voreacos and Steven Church Johnson & Johnson lost its bid in a federal appeals court to revive a plan to settle tens of thousands...
Rivian to Face Trial in Tesla Trade Secrets Theft Case, Judge Says July 24, 2024 By Surbhi Misra Electric car maker Rivian Automotive will go on trial over allegations that it encouraged its employees who defected from Elon...
Insurers Settle With Hotel in Case of Woman Videotaped in the Shower July 22, 2024 By William Rabb Four insurance companies, unable to escape a duty to defend a New York hotel where a young woman was secretly...
Allstate, State Farm Sued Over $4 Billion Maui Fire Settlement July 22, 2024 By Jef Feeley A half-dozen Maui wildfire victims sued a group of insurers, including State Farm and Allstate, accusing them of throwing a...
Honolulu Officers Who Handcuffed 10-Year-Old Can Be Sued for Using Excessive Force, Judges Rule July 22, 2024 By Madeleine Valera Three Honolulu police officers can be sued on excessive force claims for their part in handcuffing and arresting a 10-year-old...
Buffett’s PacifiCorp Suspected of Collusion By Wildfire Victims’ Law Firms July 19, 2024 By Jonathan Stempel The law firms leading class-action litigation against PacifiCorp over the 2020 Labor Day weekend wildfires in Oregon want to examine...
Hawaiian Electric Among Firms Eyeing $4B Maui Fire Deal July 19, 2024 By Jef Feeley and Mark Chediak Hawaiian Electric Industries Inc. is among the companies that have tentatively agreed to pay more than $4 billion to resolve...