Archive for January 2019
Louisiana Town Loses 5 Kids in Fiery Florida Crash
It was supposed to be a fun, post-Christmas trip to Disney World for 14-year-old Jeremiah Warren and his friends from a church in this small Louisiana town – “clean fun” as Warren’s aunt described it. But then word came of … Source: Claims Journal
Read MoreHedge Fund Holds $1 B in PG&E Insurance Claims
Seth Klarman’s Baupost Group has been the poster child of the hedge fund industry’s ill-timed stock-market bets on the troubled utility PG&E Corp., which announced plans for bankruptcy. It turns out, though, that Baupost’s stock purchases, valued at $873 million … Source: Claims Journal
Read MorePassenger Train Safety Upgrade Spurs Crash-Halting Tech Feud
Two companies battling for a share of more than $14 billion in mandated safety upgrades on U.S. railroads are set to collide in federal court to resolve a dispute over technology that prevents train accidents. Germany’s Siemens AG accuses U.S. … Source: Claims Journal
Read MoreU.S. Plan Could Permit Drone Flights Over Crowds
The federal government has unveiled a long-awaited set of proposals to dramatically expand civilian drone flights while also tightening security, critical steps for an industry seeking to expand into robot aerial deliveries and scores of other commercial uses in populated … Source: Claims Journal
Read MoreNevada Road Fatalities Hit 10-Year High in 2018
Fatalities on Nevada roads hit a 10-year high last year. Preliminary data from the Department of Public Safety show 331 people died in crashes in 2018, the Las Vegas Review-Journal reported. They died in 301 crashes and three-quarters of them … Source: Claims Journal
Read MoreCalifornia Storm Could Dump Snow on the Northeast if Jet Streams Collide
A storm that’s swinging into southern California could end up blanketing New York and the rest of the Northeast next weekend, ending Boston’s snow drought, tying up traffic and halting air travel. That’s if everything comes together in just the … Source: Claims Journal
Read MoreWisconsin Counties Plan Fix for 2018 Flood Damage
Two neighboring counties in southern Wisconsin are taking steps to address last year’s widespread flooding that drenched streets, damaged homes and caused lakes to spill over. Dane County has budgeted more than $18 million this year to go toward flood … Source: Claims Journal
Read MoreMissouri Study Criticizes High Costs of Air Ambulances
Sick or injured Missouri residents who need air ambulance services face thousands of dollars in bills and sometimes aggressive collection efforts if they cannot pay, according to a state report. The average bill after insurance for people who needed air … Source: Claims Journal
Read MoreSeptic Tanks in Miami-Dade Failing Due to Sea Level Rise
Miami-Dade has tens of thousands of septic tanks, and a new report reveals most are already malfunctioning – the smelly and unhealthy evidence of which often ends up in people’s yards and homes. It’s a billion-dollar problem that climate change … Source: Claims Journal
Read MoreDes Moines Buys 78 Flood-Damaged Homes for $10.5M
Des Moines has spent about $10.5 million to buy 78 homes damaged by June’s flash flooding, and officials hope the move will prevent future flooding issues. Most of the residences are situated along Fourmile Creek in northeast Des Moines, Iowa, … Source: Claims Journal
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