Based on a report yesterday from the Cook County Register, a settlement has apparently been reached between Abbvie and plaintiffs in the testosterone replacement therapy drug cases. Currently there are 25,000 cases pending and this settlement could bring to a close the latest chapter in life science mass product litigation. What has most likely prompted … Continue reading The Perils of Product Liability Insurance When Mass Litigation Strikes
Tag: Biopharma
Possible Opioid Settlement and the Role of Product Liability Insurance
The recent headline, “Opioid Lawsuits Look More Like A Tobacco Settlement Every Day” in Forbes grabbed my attention for reasons I will explain. As you know, I help life science companies develop and implement insurance programs that enables them to transfer risk to the insurance company. So when you see a headline that reads like … Continue reading Possible Opioid Settlement and the Role of Product Liability Insurance
How Changing the Reporting Period for Public Companies to Semiannual Could Impact the D&O Market
Last week the issue of public companies having to do quarterly reports popped up in the news in a big way with the President tweeting and then speaking on the possibility of ending quarterly reporting. There are a lot of opinions out there on whether this is a good idea or bad idea. Some people … Continue reading How Changing the Reporting Period for Public Companies to Semiannual Could Impact the D&O Market