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Sanofi to pay over $100 million to settle about 4,000 Zantac cancer lawsuits

by AIP Online Bureau | Apr 23, 2024 | Health, International News, Regulation

But the relatively modest settlement should please Sanofi investors, who’ve worried in the past about the financial fallout of thousands of US lawsuits targeting Zantac makers such as Sanofi and GSK Plc, which originally developed the product Zantac was recalled in...

Class action lawsuits pile up over UnitedHealth data breach

by AIP Online Bureau | Mar 14, 2024 | Eco/Invest/Demography, Health, International News, Risk Management, Technology

Plaintiffs say that information stored by Change, and now potentially at risk, includes medical records, payment information, names and Social Security numbers. One of the lawsuits says that “information from the data breach is on the dark web and already being...
Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship

Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The case was brought by half a dozen plaintiffs, including Mitsui OSK Lines Ltd., the ship’s operator, and Allianz SE, one of the insurers of the vessel, according to a spokesman for the tribunal. The plaintiffs claim that the fire originated from the lithium-ion...
AI: Firms face growing list of lawsuits

AI: Firms face growing list of lawsuits

by AIP Online Bureau | Mar 2, 2024 | Articles, Eco/Invest/Demography, Features, Risk Management, Technology

Elon Musk,CEO, Tesla Elon Musk became the latest power player to sue OpenAI, alleging the company and its chief executive officer, Sam Altman, have strayed from their original mission by prioritizing profit over the benefit of humanity. Artificial intelligence firms...
Dabur India’s units face lawsuits in US, Canada alleging products caused cancer

Dabur India’s units face lawsuits in US, Canada alleging products caused cancer

by AIP Online Bureau | Oct 19, 2023 | Health, Indian News, Risk Management

Dabur India, which sells Vatika Shampoo and Honitus cough syrup brands, said it could not determine the financial implication due to settlement or verdict outcome at this stage but expected the defense costs to breach the materiality threshold in the near future New...
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