Fatalities on U.S. roads fell for a second consecutive year and are on track to decline again in 2019, according to the National Highway Traffic Safety Administration. A total of 36,560 people died in traffic accidents last year, down 2.4% …
Insurer Travelers Cos Inc reported a lower-than-expected quarterly profit on Tuesday as it bolstered its reserves to cover asbestos-related and other claims, sending its shares down nearly 4% in trading before the bell. The insurer said it set aside an …
About $50 billion in settlement offers by drugmakers and distributors have sparked a fight between state attorneys general and thousands of local governments over how much the pharmaceutical industry should pay for its role in creating the U.S. opioid epidemic. …
The three largest U.S. drug distributors and a major generic-drug manufacturer have agreed to pay $260 million to settle the first federal trial over the companies’ role in fueling the U.S. opioid epidemic. Drug distributors McKesson Corp., Cardinal Health Inc. …
Boeing Co. and the U.S. Federal Aviation Administration are engulfed in a public rupture over a bombshell revelation about the 737 Max, and the timing couldn’t be worse — just as the planemaker and the regulator are working to get …
At the outset, power outages, wildfires, and vaping bans do not appear similar at all, but in the rush to protect consumers and constituents from harm, companies and state legislators may be creating an entirely new, uninsured claim type. Insurance …
CLM Launches Universal Claim Certification The CLM, formerly known as the Claims and Litigation Management Alliance, has launched a universal claims certification that allows claims adjusters to secure licenses in six states. CLM said licensed adjusters must simply register for …
The number of people killed or sickened by lung injuries linked to vaping increased again in the past week, with public-health officials still unable to clearly identify the root cause of a nationwide outbreak. The U.S. Centers for Disease Control …
Johnson & Johnson agreed to pay $117 million to settle 41 states’ claims that it misrepresented the risks of vaginal-mesh products used to bolster sagging organs and treat incontinence in women. A group of state attorneys general argued after an …
Intel Corp. says it will publicly release employee pay data, broken down by race and gender later this year. For the first time, every company with more than 100 employees is required to report the same to the Equal Employment …