Articles by Jim Vertuno and Juan A. Lozano

Johnson & Johnson Settles Texas Lawsuit for $158M

A lawsuit in which Texas accused Johnson & Johnson of plundering the state Medicaid program by overstating the safety of an expensive anti-psychotic drug and improperly influencing officials and doctors to push the medication has been settled for $158 million, …

After Paying $6 Million, Lloyd’s Balks at More for Stanford’s Legal Teams

The insurance company paying jailed Texas financier R. Allen Stanford’s legal bills said this week it is tired of supporting his revolving door of attorneys and already has spent more than $6 million on lawyers from 10 firms to defend …

Texas Jury Awards BP Workers $100M in Lawsuit

A federal jury on Dec. 18 awarded more than $100 million to 10 workers who claimed they were injured in 2007 when a toxic substance was released at BP PLC’s Texas City plant. The jurors in Galveston, southeast of Houston, …

Sailor Sues Owner, Crew Company of U.S. Ship Hijacked By Somali Pirates

A member of the crew on the U.S.-flagged ship hijacked by African pirates sued the owner and another company, accusing them of knowingly putting sailors in danger. Richard E. Hicks alleges in the suit that owner Maersk Line Limited and …

2008 Costly for Insurance Industry in Texas

The Texas insurance industry lost nearly $1.4 billion in 2008. According to figures released by the Texas Department of Insurance, for every dollar the state’s insurance industry took in it paid out $1.65. “It was a tough year for the …

Galveston Officials Paint Bleak Picture of Ike Recovery for Lawmakers

Galveston officials pleaded with state lawmakers Jan. 7 for help in rescuing their island city from the dire financial straits it finds itself in nearly four months after the devastation of Hurricane Ike. “We’re getting to the point of being …

Officials: Texas Should Have Storm Recovery Plans

The future of the state’s oldest medical school – hard hit by Hurricane Ike – and whether Texas should fund recovery programs to complement federal assistance were two of the highlights of a legislative hearing Dec. 3 looking at the …

Ike is Costliest Storm in Texas History; Price Tag Now More Than $11B

A month after Hurricane Ike pounded the island, piles of sheetrock, appliances, furniture and family mementos dot most streets in Galveston. Electronic road signs in Southeast Texas flash, “Watch for cows next 20 miles,” a reminder that few fences remain …

Texas Mayor Requesting $2.3B in Aid From Congress

As repair crews work to make this hurricane-ravaged Galveston, Texas, inhabitable for the thousands of residents set to return this week, the mayor is seeking more than $2 billion in emergency federal aid. The final price tag to fully restore …

Damage From Tropical Storm Edouard Minimal

Tropical Storm Edouard hit the Texas Gulf coast east of Galveston Aug. 5 with strong winds and heavy rain, but did little more than soak the travelers who came to relax on the tourist town’s beaches. The National Hurricane Center …