Teva to Pay Oklahoma $85 Million to Avoid Trial Over Opioid Marketing May 27, 2019 By Jef Feeley and Anders Melin Teva Pharmaceutical Industries Ltd. agreed to pay $85 million to settle an Oklahoma lawsuit claiming that illegal marketing of its...
Opioid Litigation Tests Public Nuisance Claim Theory May 27, 2019 By Jef Feeley Determining who foots the bill for America’s growing opioid epidemic may depend on how well the state of Oklahoma deploys...
GOP Lawmaker Sidetracks Disaster Bill Including Flood Insurance Extension May 27, 2019 By Erik Wasson and Jack Fitzpatrick A single Republican House member temporarily blocked fast-track passage Friday of a $19 billion disaster-aid plan, likely meaning lawmakers will...
FAA ‘Very Encouraged’ by Talk with World’s Regulators on Grounded Boeing 737 May 24, 2019 By Alan Levin and Justin Bachman The chief U.S. aviation regulator said he was very encouraged by a one-day discussion with his counterparts from around the...
As Many as 8 Hurricanes Forecast for ‘Near Normal’ 2019 Hurricane Season May 24, 2019 By Brian K. Sullivan As many as 8 hurricanes may form in the Atlantic in 2019, a “near normal” season following two years of...
Ransomware Attacks Skyrocketed in Q1: Beazley May 24, 2019 Ransomware attacks skyrocketed in the first quarter of 2019, according to the Beazley Breach Response (BBR) Services team, which reported...
Auto Insurance Drives Personal Lines Improvement May 24, 2019 U.S. personal lines insurance saw strong premium growth of 8% in 2018 and the sector’s statutory combined ratio of 99%...
Managing Sexual Harassment Risk in the #MeToo Era May 24, 2019 By Andrew G. Simpson Since October 2017 when the #MeToo era began and sexual harassment claims against Hollywood mogul Harvey Weinstein were revealed, insurers...
Weinstein, Accusers Reach Tentative $44 Million Deal, Reports WSJ May 24, 2019 Harvey Weinstein, women who accused him of sexual misconduct, his former film studio’s board members and the New York attorney...
The Hanover Adds Watercraft Coverage to Personal Lines Product Suite May 24, 2019 The Hanover Insurance Group, Inc. has expanded its suite of personal lines insurance products to include a new watercraft insurance...