Archive for April 2019
Workers’ Comp Claims in Colorado’s Cannabis Industry Not as High as You Think
It’s a safe bet that there are a number of those among us who envision workers in the marijuana industry as mostly a bunch of mellow bud-blazers haphazardly performing the daily tasks of trimming, potting, transporting or selling cannabis. Those … Source: Claims Journal
Read MoreFederal Judge Issues Rare Summary Judgment Finding Insurer Acted in Bad Faith
A federal judge in Pennsylvania decided to skip the jury and ruled based on the facts presented in briefings that GuideOne Insurance acted in bad faith by sitting on a church’s property damage claim for six months. U.S. District Judge … Source: Claims Journal
Read MoreTesla Versus the World: First Musk Takes on Chips, Now Insurers
For the second time in three days, Elon Musk has shed light on how Tesla Inc. plans to take on massive industries outside the automotive and clean-energy realms. Tesla’s chief executive officer said during Tesla’s earnings call Wednesday that the … Source: Claims Journal
Read MoreMeasles Outbreak Triggers Quarantine at 2 Los Angeles Universities
LOS ANGELES — A nationwide measles outbreak has led health officials to quarantine dozens of people at two Los Angeles universities, officials said on Thursday. The quarantine affects the University of California, Los Angeles (UCLA) and California State University, Los … Source: Claims Journal
Read MoreIn an Old School Bus, Tornado Survivors Find Some Comfort
OPELIKA, Ala. — Witnessing survivors wear the same clothing days after the March 3 tornadoes, Kaitlyn Willing felt spiritually led to convert her mobile boutique business into the Tornado Relief Clothing Bus. “Although the storm did not personally affect our … Source: Claims Journal
Read MoreBoeing Pulls 2019 Forecast, Suspends Buybacks
Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it’s suspending its stock buybacks. The aerospace giant also provided first quarter results on Wednesday that beat Wall Street’s estimates. Boeing Co. said its previously issued full-year guidance … Source: Claims Journal
Read MoreFloods Stall Fertilizer Shipments in Latest Blow to U.S. Farmers
CHICAGO — Farm supplier CHS Inc has dozens of loaded barges trapped on the flood-swollen Mississippi River near St. Louis – about 500 miles from the company’s two Minnesota distribution hubs. The barges can’t move — or get crucial nutrients … Source: Claims Journal
Read MoreCatch Them If You Can: The Soaring Business of Downing Drones
Just shoot them down? After troublesome drones infiltrated London’s Gatwick airport late last year, disrupting passenger flights and costing potentially millions of pounds in revenue, that was the instinctive question posed by the watching world. But for some businesses, shooting … Source: Claims Journal
Read MoreFBI Reports Cybercrime Losses Nearly Doubled in 2018
The amount of reported losses from cyber crime nearly doubled in 2018 to $2.7 billion, with almost half of that from business email schemes that targeted wire transfer payments, according the FBI’s 2019 Internet Crime Report. The report, prepared by … Source: Claims Journal
Read MorePuerto Rico Oversight Board Loses Bid to Extend Claims Filing Deadline
A U.S. judge on Wednesday denied a request by Puerto Rico’s federally created financial oversight board to extend a looming deadline to file claims, the latest hurdle for its plan to recoup billions of dollars paid to bondholders of potentially … Source: Claims Journal
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