National News

$50 Billion Opioid Settlement Bid Sparks States-Cities Fight

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. …

Drug Wholesalers, Teva Settle With Ohio Counties Over Opioids

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 Pilot Assured FAA 737 Was Safe After Scary Simulator Trip

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 …

Viewpoint: What Do Power Outages, Wildfires, and Vaping Bans Have in Common?

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 …

Business News: CLM, Davies and ASC, Friss and Guidewire

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 …

Vaping-Lung Deaths Rise Again as Culprit Remains Elusive

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 …

J&J to Pay $117 Million in Nationwide Pact Over Vaginal Mesh

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 Says It Will Share Pay Data Most Companies Keep Secret

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 …

J&J Recalls Lot of Baby Powder After Asbestos Trace Found

Johnson & Johnson is recalling one lot of its Johnson’s Baby Powder after tiny amounts of asbestos contamination were found in samples from a single bottle purchased online. J&J is voluntarily recalling the lot, #22318RB, and encouraging people who bought …

WCRI Report Shows Wide Variety in How States Control Work Comp Medical Costs

Workers’ compensation medical costs vary widely among the states both in terms of price and how often services are used. The differences appear to relate closely to which cost-drivers each state legislature tried to control and which were overlooked, according …

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