Archive for February 2016

Honda is recalling another 2.2 million Honda and Acura vehicles because the driver’s airbag inflators made by Takata can explode and hurl shrapnel into the passenger compartment. The recall is a big chunk of the 5 million additional vehicles to … Source: Claims Journal

Take-Two Interactive Software Inc has been hit with a copyright infringement lawsuit over its depiction of tattoos belonging to National Basketball Association stars LeBron James and Kobe Bryant in a popular video game. In a complaint filed on Monday in … Source: Claims Journal

Allstate Corp., the largest publicly traded U.S. car and home insurer, said fourth-quarter profit fell on a surge in auto claims. Net income declined 41 percent to $489 million, or $1.18 a share, from $824 million, or $1.86, a year … Source: Claims Journal

Three of the biggest freight railroads operating in the U.S. have told the government they won’t meet a 2018 deadline to start using safety technology intended to prevent accidents like the deadly derailment of an Amtrak train in Philadelphia last … Source: Claims Journal

A Florida State University researcher and his team have developed a comprehensive analysis of oil in the Gulf of Mexico and determined how much of it occurs naturally and how much came from the 2010 Deepwater Horizon spill. And more … Source: Claims Journal

A painting of a Parisian street scene stolen in New York has been recovered by Art Recovery Group. The painting had been consigned to a Miami art gallery in November last year by a private individual. ‘La Porte St. Denis’ … Source: Claims Journal

Chipotle Mexican Grill Inc said a federal criminal probe linked to a food safety incident at a California restaurant has widened into a national investigation, sending its shares down 7 percent in extended trading on Tuesday. The burrito chain also … Source: Claims Journal

Private U.S. property/casualty insurers’ net income after taxes grew to $44.0 billion in the first nine months of 2015 from $37.8 billion in nine-months 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus … Source: Claims Journal

General Motors Co has asked a judge to reject efforts by a lawyer who first publicly exposed a faulty ignition switch in GM vehicles to undo a settlement fund resolving 1,380 death and injury lawsuits. In a separate filing, the … Source: Claims Journal

Dozens of farmworkers looked up at the little yellow plane buzzing over the Florida radish field, a mist of pesticide falling from its wings. Farmworkers are supposed to be protected by government rules regulating exposure to toxic farm chemicals. But … Source: Claims Journal