Every day, Hartford Financial Services Group Inc. uses artificial-intelligence software to scan its files of workers’ compensation cases for people at risk of opioid addiction. The company’s algorithms comb through millions of digital notes by claims handlers and summaries of the workers’ medical records looking for clues such as insomnia, anxiety, a recent divorce or… Continue reading Hartford Financial Takes on the Opioid Epidemic
Tag: product liability
Gunmaker Asks US Supreme Court to Hear Sandy Hook Appeal
The maker of the rifle used in the Sandy Hook Elementary School shooting asked the U.S. Supreme Court to hear its appeal Thursday of a state ruling against the company. Remington Arms, based in Madison, North Carolina, cited a much-debated 2005 federal law that shields firearms manufacturers from liability in most cases when their products… Continue reading Gunmaker Asks US Supreme Court to Hear Sandy Hook Appeal
Boeing Recovered $500M from Insurers Due to Fleet Suspension
A US aircraft manufacturer Boeing has disclosed that it recovered $500 million from its re/insurance program during the second quarter of 2019 for losses related to the grounding of its 737 MAX fleet. As part of its Q2 results, Boeing said that it had recorded an earnings charge of $5.6 billion, net of insurance recoveries,… Continue reading Boeing Recovered $500M from Insurers Due to Fleet Suspension
Federal Data Shows Opioid Shipments Ballooned as Crisis Grew
Newly released federal data shows how drugmakers and distributors increased shipments of opioid painkillers across the U.S. as the nation’s addiction crisis accelerated from 2006 to 2012. The data, released this week by a federal court in Ohio as part of a far-reaching opioids case, shows that companies distributed 8.4 billion hydrocodone and oxycodone pills… Continue reading Federal Data Shows Opioid Shipments Ballooned as Crisis Grew
Drugmaker Agrees to Pay $1.4B in Largest Opioid Settlement in US History
A drug manufacturer will pay the U.S. government $1.4 billion to settle allegations that its marketing downplayed the addiction risks of its drugs, the largest settlement yet related to the opioid crisis. Reckitt Benckiser Group, the manufacturer of Suboxone, a treatment for opioid addiction, agreed to the settlement to end criminal and civil probes into… Continue reading Drugmaker Agrees to Pay $1.4B in Largest Opioid Settlement in US History
U.S. Regulator Cites New Flaw on Grounded Boeing 737 MAX
The U.S. Federal Aviation Administration has identified a new risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday. The risk was discovered during a simulator test last week and it is not yet clear if the issue can be addressed with… Continue reading U.S. Regulator Cites New Flaw on Grounded Boeing 737 MAX
Purdue Pharma Reaches $270 Million Settlement with Oklahoma in Opioid Crisis Case
Purdue Pharma LP and its owners, the Sackler family, have agreed to pay $270 million to resolve claims by the Oklahoma attorney general that the company helped fuel the opioid crisis, according to a person familiar with the matter. The settlement is the first to emerge from the more than 1,600 opioid lawsuits Purdue faces… Continue reading Purdue Pharma Reaches $270 Million Settlement with Oklahoma in Opioid Crisis Case
Monsanto Weedkiller Roundup Was ‘Substantial Factor’ in Causing Man’s Cancer: Jury
A federal jury found Tuesday that Monsanto’s popular weedkiller Roundup was a “substantial factor” in causing a California man’s cancer, dealing a significant blow to the company as it aggressively defends its products against thousands of similar claims. The six-member jury delivered the unanimous verdict in the United States District Court in San Francisco, months… Continue reading Monsanto Weedkiller Roundup Was ‘Substantial Factor’ in Causing Man’s Cancer: Jury
U.S. Supreme Court Could Side with Merck Over Drug Lawsuits
U.S. Supreme Court justices on Monday appeared sympathetic to Merck & Co in its bid to fend off hundreds of lawsuits accusing the company of failing to adequately warn patients of the risks of thigh bone fractures associated with its osteoporosis drug Fosamax. The justices heard arguments in Merck’s appeal of a lower court ruling… Continue reading U.S. Supreme Court Could Side with Merck Over Drug Lawsuits
Victim’s Family Files Lawsuit Against Boeing Over Lion Air Crash
The family of a man who was killed when a Lion Air flight crashed in October has sued Boeing, alleging the 737 Max 8 aircraft was “unreasonably dangerous” and demanding a jury trial in Chicago, where the United States’ manufacturer is based. The lawsuit was filed on Monday in the Circuit Court of Cook County,… Continue reading Victim’s Family Files Lawsuit Against Boeing Over Lion Air Crash