Monthly Archives: <span>September 2024</span>

Court Upholds Mechanic’s $726M Verdict Against ExxonMobil Over Benzene Exposure

A Philadelphia Court of Common Pleas has upheld a Philadelphia jury’s $725.5 million verdict against ExxonMobil in a case of cancer linked to exposure to benzene, an ingredient in gasoline. The court denied ExxonMobil’s post-trial motions and added more $90 …

Oracle Settles Suit Over Tracking Data for $115 Million

Tech behemoth Oracle has agreed to settle a class action lawsuit for $115 million over allegations that it tracked consumer activity both on and offline. The suit alleges Oracle captured, compiled, and sold individuals’ data to third parties without their …

Hurricane Francine Losses Expected to be Manageable for Insurers

Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst of the storm’s damage. Privately insured loss from Hurricane Francine are estimated to be close to $1.5 billion, catastrophe modeler …

Hawaii Probe Finds No Single Factor Led to Maui Wildfire Losses

No single factor led a fire in the seaside Hawaiian town of Lahaina last year to rage out of control and kill 102 people, according to a state report that assesses the government’s response to the disaster but not its …

Former UPS Driver Wins $238 Million Verdict in Suit Over Firing

A Black UPS driver won a $237.6 million jury verdict in a case in which he alleged he’d been discriminated against and subject to a hostile work environment before being fired. The verdict, rendered Thursday in the US District Court …

23andMe Settles Data Breach Lawsuit for $30 Million

23andMe will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company of failing to protect the privacy of 6.9 million customers whose personal information was exposed in a data breach …

Survey: People Open to Higher Premiums to Subsidize Higher-Risk Individuals—Sometimes

A surprising percentage of people are open to paying higher insurance premiums to subsidize higher-risk individuals, but only when they believe a risk is outside of a policyholder’s control. A survey of U.S. adults, conducted by think tank RAND, sought …

Crawford & Company Names Donnelly Specialty Head

Crawford & Company named Matt Donnelly head of Specialty Loss Adjusting. Donnelly is Crawford Australia’s Head of Global Technical Services, the loss adjusting division focused on large and complex property losses. The change has Donnelly expanding his remit to lead …

Walgreens Paying $106.8 Million to Settle Prescription Billing Fraud Charges

Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the U.S. government for prescriptions that were never dispensed, the Department of Justice said on Friday. The Justice Department said Walgreens violated the federal False Claims …

Netflix’s ‘Squid Game’ Is Rip-Off of 2009 Film, Lawsuit Says

Netflix Inc. was accused by an Indian filmmaker of copying his 2009 movie for its popular Squid Game series as the company prepares to release the second season of the show later this year. The filmmaker, Soham Shah, sued Netflix …