Pfizer has agreed to settle more than 10,000 lawsuits about cancer risks related to the now discontinued heartburn drug Zantac, Bloomberg News reported on Wednesday, citing people familiar with the deal.
Tag: product liability
NHTSA Upgrades Probe into Tesla Power Steering Loss
U.S. safety regulators have upgraded their probe into Tesla vehicles over power steering loss to an engineering analysis – a required step before the agency could demand a potential recall.
Hair Relaxer Claims Against L’Oreal, Revlon Can Proceed: U.S. Judge
A federal judge on Monday allowed the majority of claims to move forward in sprawling litigation that claims chemical hair relaxer products made by L’Oreal USA, Revlon and others cause cancer and other injuries.
3M Nears $5.5 Billion Settlement Over Defective Military Earplugs: Reports
3M Co. is nearing agreement on a $5.5 billion settlement over defective earplugs, according to reports Sunday.
Woman Sues L’Oreal Claiming Hair-Straightening Product Caused Cancer
A Missouri woman has sued L’Oreal SA, alleging that she developed uterine cancer as a result of using the French cosmetic company’s hair-straightening products. The lawsuit was filed in federal court in Chicago on Friday, just days after the National Institute of Environmental Health Safety (NIEHS) released a study that found hair-straightening products may significantly… Continue reading Woman Sues L’Oreal Claiming Hair-Straightening Product Caused Cancer
J&J to End Global Sales of Talc-Based Baby Powder
Johnson & Johnson said on Thursday that it will stop selling talc-based baby powder globally in 2023, more than two years after it stopped selling the product in the United States. “As part of a worldwide portfolio assessment, we have made the commercial decision to transition to an all cornstarch-based baby powder portfolio,” the company… Continue reading J&J to End Global Sales of Talc-Based Baby Powder
Amazon to Pay Up to $1,000 for Injuries Caused by Sellers’ Goods
Amazon.com Inc. is offering to compensate customers for injuries caused by goods from its third-party sellers, a guarantee that follows numerous lawsuits seeking to hold the world’s largest online retailer responsible for dangerous products purchased from its digital shelves. In a blog post on Amazon’s corporate site on Tuesday, the company said it would pay… Continue reading Amazon to Pay Up to $1,000 for Injuries Caused by Sellers’ Goods
Best’s Special Report: Insurers’ Defense-Related Loss Costs Rising for Lines of Business Most Susceptible to Litigation
Defense and cost containment (DCC) expenses for certain lines of property/casualty insurance business are elevated compared with other lines; in particular, medical professional liability and product liability, according to a new AM Best report. DCC expenses include defense, litigation and medical cost containment—essentially, the cost of settling a claim. The Best’s Special Report, “Defense-Related Loss… Continue reading Best’s Special Report: Insurers’ Defense-Related Loss Costs Rising for Lines of Business Most Susceptible to Litigation
J&J Recalls Aveeno, Neutrogena Spray Sunscreens
Johnson & Johnson is recalling most of its Neutrogena and Aveeno spray sunscreens from U.S. stores after detecting benzene, a potentially cancer-causing chemical, in some samples. J&J said Wednesday consumers should stop using and discard five of its six Neutrogena and Aveeno spray sunscreens. The company said it is also notifying distributors and retailers to… Continue reading J&J Recalls Aveeno, Neutrogena Spray Sunscreens
Aon and Praedicat to Address Insurers’ Emerging Risks in Casualty Sector with Specialist Solutions
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces a new collaboration to develop a range of specialist liability reinsurance solutions that address product liability risks including nanomaterials and 5G. Aon and Praedicat, a leading liability emerging risk analytics company, will develop “named peril”… Continue reading Aon and Praedicat to Address Insurers’ Emerging Risks in Casualty Sector with Specialist Solutions