Archive for July 2016
VW Gets Initial Approval for $14.7B U.S. Emissions Settlement
Volkswagen AG’s $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle on Tuesday, as a federal judge gave the automaker preliminary approval to buy back up to 475,000 vehicles. U.S. District Judge Charles Breyer in … Source: Claims Journal
Read MoreNortheastern US Drought Could Last Months
At Lavoie’s Farm in New Hampshire, beans and corn haven’t broken through the ground yet and fields of strawberries are stunted. The drought that has taken hold in the Northeast is especially felt at John Lavoie’s farm in Hollis, presenting … Source: Claims Journal
Read MoreOfficials Confirm Driver Was Speeding in Fatal Tesla Crash
Federal investigators probing the deadly wreck in Florida of a Tesla car that was using automated driving technology have found that the vehicle was speeding when it hit a truck. The U.S. National Transportation Safety Board said in a preliminary … Source: Claims Journal
Read MoreOSHA Penalties to Rise Nearly 80% Beginning August 1
Businesses that are found in violation of federal occupational safety and health laws will pay more in penalties starting Aug. 1. Under a law passed by Congress last year, penalties that were last adjusted in 1990 are going up nearly … Source: Claims Journal
Read MoreBusiness News: Solera Acquires Enservio, AIR Worldwide, AGCS
Solera to Acquire Enservio Solera Holdings, Inc., a global provider of cognitive technologies for the automotive and home ownership ecosystems, announced a definitive agreement to acquire 100 percent ownership of Enservio, Inc., a U.S. provider of SaaS-based software and services … Source: Claims Journal
Read MoreHartford’s $1B Catalina Deal Offers Exit From Asbestos Risks
Hartford Financial Services Group Inc., the U.S. insurer that’s been narrowing its focus, agreed to sell U.K. operations with $1 billion of assets to Catalina Holdings Ltd. to exit risks tied to asbestos and environmental policies issued more than two … Source: Claims Journal
Read MoreSouth Carolina DOT Says $1.4B for Paving Poor Roads Isn’t a Complete Fix
South Carolina’s roads are so bad that drivers probably won’t notice the $1.4 billion worth of pavement resurfacing a new law provides over the next decade or so, Transportation Secretary Christy Hall said Thursday. “The new funding will essentially keep … Source: Claims Journal
Read MoreNew FAA Rules Opens Door for Increased Use of Drones in Insurance
The recent release of Federal Aviation Administration (FAA) rules for drones weighing less than 55 pounds will allow drones to be used in more commercial applications, like during claims inspections of individual homes. Susan Williams, content strategist with CoreLogic, discussed … Source: Claims Journal
Read MoreClimate-Warming Airliner Pollution Targeted by EPA
Jet engine exhaust from airliners endangers human health and adds to climate change, the government found Monday in taking the first step toward regulating those emissions. The Environmental Protection Agency said it will use its authority under the Clean Air … Source: Claims Journal
Read MoreCalifornia Wildfire Guts 18 Homes
Flames raced down a steep hillside “like a freight train,” leaving smoldering remains of homes and forcing thousands to flee the wildfire churning through tinder-dry canyons in Southern California, authorities said Sunday. The fire that has destroyed at least 18 … Source: Claims Journal
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