Archive for August 2019
Tesla Subpoenas May Presage Formal Probe, Ex-Official Says
Freshly disclosed records suggest the National Highway Traffic Safety Administration may be preparing a formal investigation into Tesla Inc.’s driver-assistance system Autopilot, a former agency official said. The agency has issued at least five subpoenas since April 2018 for information … Source: Claims Journal
Read MoreLampert Loses Ruling Tied to $718 Million Claim on Old Sears
Eddie Lampert suffered a setback in federal court this week when a judge effectively ruled that some of his claims against the bankrupt estate of Sears Holdings Corp. have so little priority that they are likely worth a fraction of … Source: Claims Journal
Read MoreBusiness News: Travelers, VenAssure, Sedgwick Make Announcements
Travelers Paying Claims with PayPal Travelers has launched a new service that allows auto, property and general liability policyholders to receive claim payments through PayPal. The carries link to PasyPal comes through Global Digital Disbursements, a service provided by Bank … Source: Claims Journal
Read MoreTrump Safety Pitch for Easing Car Standards Rebutted by Study
President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would result in higher costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor … Source: Claims Journal
Read MoreTrespassing ATV Riders Irk, but Few Legal Places to Hide
MOOSIC, Pa. — The fence lining Jane Sterling’s property at the former Rocky Glen Park doesn’t prevent all-terrain vehicles ripping past her yard. It’s not uncommon for her to see as many as 60 ATVs a day riding near her … Source: Claims Journal
Read MoreThings to Know about Last Week’s California Cliff Collapse
ENCINITAS, Calif. — Three family members enjoying a day at a San Diego area beach were killed Friday when a huge slab of the cliff above them plunged onto the sand. The collapse has raised questions about the stability of … Source: Claims Journal
Read MoreTeva’s Budding Blockbuster Drugs Lend Respite From Legal Concerns
Teva Pharmaceutical Industries Ltd. is preparing for a potential reckoning with the U.S. epidemic of opioid addiction. The drugmaker’s shares tumbled after it set aside $646 million to help pay legal expenses related to its alleged role in the abuse … Source: Claims Journal
Read MoreRetail Has Active Shooter Plans, But Training Hurt by Turnover
Most retailers have plans in place to deal with an active shooter, like the one that terrorized a Walmart Inc. store this past weekend in El Paso, Texas. But a hot job market has hit worker retention rates, making it … Source: Claims Journal
Read MoreTesla Scrutinized by U.S. Agency Over Model 3 Safety Claims
The U.S. National Highway Traffic Safety Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and has subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy … Source: Claims Journal
Read MoreNovartis Drug Data Allegations Revive Questions Over Ethics
Concern over Novartis AG’s corporate culture returned to the spotlight after U.S. regulators said the Swiss drugmaker delayed disclosing manipulation of animal testing data for the world’s most expensive drug. The company became aware of a data problem on March … Source: Claims Journal
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