Industry News
Pharmacy costs in workers’ compensation continue to climb sharply, despite years of formulary adoption, generic mandates and managed care. The problem lies in a structural gap that makes workers’ comp uniquely vulnerable to pricing abuse. Understanding that gap starts with …
Via: Claims Journal
Rimkus made two leadership appointments to support its Built Environment Solutions business across Canada. Walter Gaudet was named vice president of BES Canada, and Michael Hensen was named vice president of technical excellence for BES across North America. Gaudet will …
Via: Claims Journal
Breakthrough medical devices will get faster insurance coverage in the U.S. under a new government program that coordinates coverage with the approval process, streamlining one of the biggest hurdles for patient access and industry sales. The Centers for Medicare and …
Via: Claims Journal
Danaher reached a $172.5 million settlement with shareholders who accused the diagnostics and life-sciences company of defrauding them by overstating demand for its equipment as the worst of the COVID-19 pandemic passed. A preliminary settlement was filed on Wednesday with …
Via: Claims Journal
Jaguar Land Rover is recalling 170,169 vehicles in the U.S. due to loss of drive power, the U.S. National Highway Traffic Safety Administration said on Thursday. The recall affects multiple models including Range Rover, Discovery, Range Rover Sport, Defender, etc., …
Via: Claims Journal
JetBlue has been sued in a proposed class action claiming it uses customers’ personal data to set ticket prices, after its response to a social media post raised concern that the carrier employed “surveillance pricing” to make flying more expensive. …
Via: Claims Journal
Volkswagen AG, Stellantis NV and Mercedes-Benz Group AG models may soon feature touchscreens able to test blood alcohol levels for drivers. Two German suppliers have come up with in-built sensors to test a driver’s blood alcohol level from a fingertip, …
Via: Claims Journal
PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work for the collapsed property giant China Evergrande Group. Hong Kong’s Accounting and Financial Reporting Council also imposed a six-month suspension …
Via: Claims Journal
State Farm said that it paid out $5.6 billion nationally for such claims in 2025, and $1.4 billion in Texas alone. The giant insurer’s annual report of hail-related claims includes a list of the top 10 states based on payment …
Via: Claims Journal
It’s been called one of the most unusual medical malpractice cases and one that has raised questions for organ donors, organ recovery centers and their insurance carriers. Paula Denison, age 57, was taken to the emergency room at Anderson Regional …
Via: Claims Journal