Class Action Numbers Dip in 2023, but Settlements Still Costing Billions January 10, 2024 By Jim Sams Class-action and government enforcement lawsuits continued to take a toll on corporate defendants in 2023, with ten $1 billion settlements...
J&J to Pay $700 Million to Settle States’ Talc-Marketing Probe January 8, 2024 By Jef Feeley Johnson & Johnson has tentatively agreed to pay about $700 million to resolve an investigation by more than 40 US...
Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack January 5, 2024 By Insurance Journal staff Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive...
Hotel Owners Agree to Settle Disability Discrimination Case for $100K January 4, 2024 By Insurance Journal staff The owners and operators of a hotel in Omaha, Nebraska, have agreed to pay $100,000 to a former general manager...
Berkshire Utility Sells Blue-Chip Bonds to Pay Wildfire Claims January 3, 2024 By Olivia Raimonde and Josh Saul Berkshire Hathaway Energy Co.’s PacifiCorp is selling US investment-grade bonds to help fund settlement claims related to wildfires in Oregon....
Consulting Firm Mckinsey Agrees to $78M Settlement with Insurers over Opioids January 2, 2024 By Dee-Ann Durbin Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds...
Activision Blizzard to Pay $54 Million to Settle California State Workplace Claims December 18, 2023 By Alex Veiga LOS ANGELES (AP) — Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California`s...
Family of Chicago Woman Who Died in Hotel Freezer Agrees to $10 Million Settlement December 15, 2023 CHICAGO (AP) __ The family of a Chicago woman who froze to death after she became locked in a hotel...
J&J Cites ‘Progress’ Settling Baby Powder Cancer Cases December 7, 2023 By Jef Feeley Johnson & Johnson said it’s moving forward to resolve lawsuits that claim its talc-based Baby Powder causes cancer to avoid...
Berkshire Utility Reaches $299 Million Oregon Fire Accord December 6, 2023 By Jef Feeley Berkshire Hathaway Energy Co.’s PacifiCorp said it will pay $299 million to settle claims over wildfires that burned homes in...