Archive for July 2019

Manufacturing problems at Akorn Inc.’s New Jersey plant “pose a risk to patients,” U.S. regulators have warned the embattled generic-drug maker, which blew a $4.3 billion takeover deal with Fresenius SE two years ago over similar allegations. In a warning … Source: Claims Journal

Equipment Breakdown a Growing Cause of Commercial Property Losses Equipment breakdown now rivals fire loss in both the frequency and severity of commercial property claims, FM Global said in a press release. FM Global said equipment breakdown was the cause … Source: Claims Journal

Utility giants PG&E Corp. and Edison International are one step closer to getting California’s help in covering the costs of increasingly catastrophic wildfires that their equipment keeps igniting. The state Senate passed a bill late Monday that would create a … Source: Claims Journal

The massive hacking of Marriott International Inc. reservation databases could lead to a 99 million-pound ($124 million) fine as the U.K. cracked down on privacy breaches with its second major penalty notice in two days. The cyber attack, which Marriott … Source: Claims Journal

BILLINGS, Mont. — The Trump administration said Tuesday that it won’t require electric utilities to show they have money to clean up hazardous spills from power plants despite a history of toxic coal ash releases contaminating rivers and aquifers. Environmental … Source: Claims Journal

LOS ANGELES — California officials are spending more than $40 million on an earthquake early warning system that in addition to alerting the public could also be used to automatically halt trains and open fire station doors moments before a … Source: Claims Journal

A tropical storm may loom in the Gulf of Mexico late Wednesday or early on July 11 as a low pressure system moves off Georgia into warm waters, gaining strength and threatening offshore oil and natural gas production. The patch … Source: Claims Journal

The perennial issue in the gig economy is whether workers should be classified as employees. Uber Technologies Inc., Lyft Inc. and other companies that rely on contract work have dealt with this question in a number of ways: staging PR … Source: Claims Journal

Last year, the California Supreme Court announced a new standard, known as the “ABC” test for determining whether a worker is an employee or independent contractor in wage and hour cases. (Dynamex Ops. W. Inc. v. Superior Court (2018) 4 … Source: Claims Journal

RIDGECREST, Calif. — Shaken residents were cleaning up Sunday from two of the biggest earthquakes to rattle California in decades as scientists warn that both should serve as a wake-up call to be ready when the long-dreaded “Big One” strikes. … Source: Claims Journal