Business in Brief: Teva Agrees to Pay $225M in Settlement With California Plaintiffs

Insurers get boost from report allowing them to resume paying dividends; energy shares lower after Leumi Capital Markets trims share ratings; IDB Development loses suit over using Clal Insurance shares as collateral.

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An employee collects pills from a machine at a Teva Pharmaceuticals production plant in Jerusalem, September 19, 2011.
An employee collects pills from a machine at a Teva Pharmaceuticals production plant in Jerusalem, September 19, 2011.Credit: Adam Reynolds/Bloomberg

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