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VIAW Newswire 05.16.13

Posted on 05 September 2013 by admin

Senators Finalizing Drug Compounding Regulation Bill
U.S. senators appeared close to finalizing a bill that would require pharmacies that compound and sell sterile drugs across state lines to submit to greater federal regulation.
http://www.insurancejournal.com

10 Things to Know About the Trucking Industry
In 2012, there were 793,470 drivers of heavy and tractor-trailer trucks employed in the United States, according to the U.S. Department of Labor’s Bureau of Labor Statistics. The median hourly wage was $19.05 and the mean hourly wage was $19.80 for those drivers. Annually, the median wage in 2012 was $39,620 and the mean wage was $41,190.
http://www.insurancejournal.com
Survey Highlights Continued Trend Toward Controlling Class Action Litigation Costs/Risks
Across industries and practice areas, class action lawsuits continue to affect companies, and corporate legal departments are devising better and more innovative matter management and cost control tools to combat them. According to the 2nd Annual Carlton Fields Class Action Survey, corporate counsel report that they are seeing more high-risk matters and fewer routine matters. Overall, they reported that although class actions are on the rise by 16 percent, spending per suit is down nearly 14 percent from 2011 to 2012.
http://www.claimsjournal.com
Chrysler Recalls Almost 470,000 Jeep SUVs
Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral without warning on startup.
http://www.claimsjournal.com

Safety Regulators Probe Ford Truck Steering Issue
U.S. safety regulators are investigating complaints that problems with steering-gear boxes are causing a loss of control in some Ford trucks. The probe by the National Highway Traffic Safety Administration covers an estimated 340,000 F250 and F350 Super Duty Trucks from the 2008 model year.
http://www.claimsjournal.com

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