J&J, Distributors Finalize $26B Landmark Opioid Settlement February 28, 2022 By Geoff Mulvihill CAMDEN, N.J. (AP) Drugmaker Johnson & Johnson and three major distributors finalized nationwide settlements over their role in the opioid...
Insurers for Law Firm, Engineers in Collapsed Condo Settle with Victims’ Families February 25, 2022 By Insurance Journal staff Insurers for an engineering firm overseeing major repairs at the collapsed Surfside condominium and for a law firm that advised...
Double-Booked Surgeries Lead to $14.6 Million Settlement February 22, 2022 BOSTON (AP) — Massachusetts General Hospital will pay $14.6 million to settle a lawsuit that alleged overbilling for double-booked surgeries...
Viewpoint: Satisfying Policy Retentions or Deductibles with Other People’s Money February 22, 2022 By Nicholas A. Bonaminio and Matthew A. Chiricosta Simply stated, insurance policy deductibles or retentions are a dollar threshold that must be satisfied before an insurer will pay...
Judge Approves $73M Sandy Hook Settlement; 4 Carriers Sharing Loss February 17, 2022 By Andrew G. Simpson The cost of a $73 million settlement that gunmaker Remington Arms agreed to pay to families of victims of the...
Meta’s Facebook to Pay $90 Million to Settle Privacy Lawsuit Over User Tracking February 15, 2022 By Jonathan Stempel Facebook agreed to pay $90 million to settle a decade-old privacy lawsuit accusing it of tracking users’ internet activity even...
Nine Sandy Hook Families Settle Liability Claims With Remington Arms February 15, 2022 By Tom Hals and Brendan O'Brien Remington Arms will pay $73 million to the families of five adults and four children killed in the Sandy Hook...
Prince Andrew Agrees to Settle Virginia Giuffre Sex Assault Claim February 15, 2022 By Bob Van Voris Prince Andrew has reached an agreement to settle claims that he sexually assaulted a teenage girl decades ago, his accuser’s...
Judge Delays Start of Boy Scouts Bankruptcy Plan Hearing February 14, 2022 By Randall Chase DOVER, Del. (AP) — The judge presiding over the Boy Scouts of America bankruptcy has delayed the start of a...
Teva Pharm May Pay as Much as $3.6 Billion in US Opioid Settlement February 9, 2022 By Steven Scheer JERUSALEM — Teva Pharmaceutical Industries said on Wednesday it was bracing to pay as much as $3.6 billion in cash...