January 26, 2021
A U.S. Bankruptcy Court judge on Monday approved The Weinstein Co’s liquidation plan, which sets aside $17 million for women who accused co-founder Harvey Weinstein of sexual misconduct. Judge Mary Walrath in Wilmington, Delaware announced her ruling at the conclusion …
January 10, 2020
Victims of wildfires blamed on PG&E Corp.’s power lines and government agencies that provided them disaster relief are tussling over a payout from the bankrupt utility. PG&E reached a settlement with fire victims to pay a total of $13.5 billion …
November 18, 2019
An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing of painkillers, down from his original award of $572 million. The decision by Cleveland County District …
November 8, 2019
A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping hundreds of thousands of cartons of untaxed cigarettes, but reduced its payout for damages and unpaid taxes to about $97.6 …
December 30, 2011
Authorities say insurers have paid at least $2.2 billion claims arising from the April tornado outbreak in Alabama. The Birmingham News reports that more than 2,500 claims are still pending eight months after the storms. The figures, from the Alabama …
November 29, 2011
Insurers have spent about $1.13 billion in claims tied to the Joplin tornado and payouts continue to grow. The head of the Missouri Department of Insurance, Financial Institutions and Professional Registration says total insured losses could be $1.8 billion to …
July 27, 2011
Missouri officials say the insurance payout from the May 22 Joplin tornado will be the largest payout in the state’s history. The Missouri Department of Insurance says it expects the claims to eventually total between $1.5 billion and $2 billion. …