News Archives - Claims Journal

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17 09, 2024

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

By | September 17th, 2024|Uncategorized|Comments Off on 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 …

17 09, 2024

BNP Manager Alleged to Have Cut Women’s Bonuses to Give to Men

By | September 17th, 2024|Uncategorized|Comments Off on BNP Manager Alleged to Have Cut Women’s Bonuses to Give to Men

A BNP Paribas SA manager faces allegations he ordered staff to cut female employees bonuses to boost the pay of male colleagues in London, according to fresh claims by a broker who previously won a landmark case against the French …

17 09, 2024

Survey Shows a Worker Safety Gap Between Business Owner Generations

By | September 17th, 2024|Uncategorized|Comments Off on Survey Shows a Worker Safety Gap Between Business Owner Generations

Younger small business owners seem to be less aware of the importance of workplace safety than older owners, showing an apparent gap between generations in how they approach keeping workers from harm. A survey from Pie Insurance conducted with more …

17 09, 2024

J&J Gets $260M Talc Verdict Overturned in Oregon, New Trial Ordered

By | September 17th, 2024|Uncategorized|Comments Off on J&J Gets $260M Talc Verdict Overturned in Oregon, New Trial Ordered

An Oregon judge has overturned a $260 million verdict against Johnson & Johnson in a lawsuit brought by a woman who said she got mesothelioma, a deadly cancer linked to asbestos exposure, from inhaling the company’s talc powder, the company …

16 09, 2024

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

By | September 16th, 2024|Uncategorized|Comments Off on 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 …

16 09, 2024

23andMe Settles Data Breach Lawsuit for $30 Million

By | September 16th, 2024|Uncategorized|Comments Off on 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 …

16 09, 2024

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

By | September 16th, 2024|Uncategorized|Comments Off on 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 …

16 09, 2024

Hawaii Probe Finds No Single Factor Led to Maui Wildfire Losses

By | September 16th, 2024|Uncategorized|Comments Off on 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 …

16 09, 2024

Hurricane Francine Losses Expected to be Manageable for Insurers

By | September 16th, 2024|Uncategorized|Comments Off on 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 …

1 08, 2024

Norfolk Southern Reports $156M in Insurance Payments Following Ohio Derailment

By | August 1st, 2024|Uncategorized|Comments Off on Norfolk Southern Reports $156M in Insurance Payments Following Ohio Derailment

Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient. The Atlanta-based railroad said it earned $737 …