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3rd Circuit Revives Some of Manufacturer’s Claims Against Insurers

Sapa Extrusions purchased 28 insurance policies from eight carriers, but not one of them would reimburse the manufacturer for the cost of a settlement it paid after being sued for shoddy workmanship. A federal appellate court, however, has cleared the …

Conference: California Workers’ Comp Should Embrace Innovation

The workers’ compensation market apparently needs to do some catching up where it concerns technology. “Historically we’ve been really slow to adapt to technology and innovation,” said Shaun Jackson, executive director of risk management at Panda Restaurant Group. Jackson was …

Bankrupt Philadelphia Refinery Expects $50M Advanced Insurance Payment

Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with a June blaze that led to the plant’s closure, court documents showed. The infusion of funds would buy cash-strapped Philadelphia …

Cleanup Resumes in Bahamas as Humberto Swirls Away

MCLEAN’S TOWN, Bahamas — Jeffrey Roberts lifted a mustard-yellow curtain from the ground to hunt for passports and other documents at the place where his family’s home stood before Hurricane Dorian blasted into Grand Bahama Island. What was underneath was …

US Officials Revise Vaping Illness Count to 380 in 36 States

NEW YORK — The U.S. government has refined how it is measuring an outbreak of breathing illnesses in people who vape, now counting only cases that are most closely linked to electronic cigarette use. Health officials on Thursday said 380 …

OxyContin Maker Purdue Pharma Files for Bankruptcy to Wipe Out 2,000 Lawsuits

Purdue Pharma LP filed for bankruptcy with a more than $10 billion plan to settle claims that it fueled the U.S. opioid epidemic by illegally pushing sales of its addictive OxyContin painkiller. The Chapter 11 filing on Sunday in White …

Brokers Packaging Cybersecurity with Cyber Insurance

Insurance retailers are teaming up with tech wizards to sell cybersecurity along with cyber coverage as a means of trimming premiums and winning over customers in a vastly underserved market: small and mid-sized businesses. Coalition, a San Francisco managing general …

After Crisis, Boeing Readies to Return 737 MAX to the Skies

As Boeing Co sets its sights on winning approval to fly its 737 MAX within weeks, following a six-month safety ban, engineers around the world are rolling out plans for one of the biggest logistical operations in civil aviation history. …

Carcinogen in Zantac and Its Generics Triggers Probes by FDA, EU

Global health regulators sounded a coordinated alarm about the possibility that a stomach drug taken by millions of people could be tainted with the same cancer-causing agent that has sparked a worldwide recall of blood-pressure pills. Drug-safety officials in the …

Steinbeck Kin Gets Break in Court Penalty, but Stern Warning

LOS ANGELES — A federal appeals court attempted to close the book on endless litigation between the relatives of author John Steinbeck in a ruling that upheld a $5 million verdict against his daughter-in-law, but threw out $8 million she …

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