Archive for October 2019
As PG&E Blackouts Ebb, Southern California Wind Risk Surges
As Northern California residents began to get their power back, people in the Southern part of the state were facing some of the strongest winds “in recent memory” and utilities there were cutting service and warning blackouts could spread. PG&E … Source: Claims Journal
Read MoreGlobal Web of Drug Suppliers Challenges FDA as Safety Fears Rise
Regulators want to reduce U.S. dependence on foreign-made pharmaceutical ingredients, as a wave of recalls has raised questions about the safety of the global drug-supply chain. The Food and Drug Administration is encouraging drug companies to invest in new production … Source: Claims Journal
Read MoreJ&J Says New Tests Find no Asbestos in Same Baby Powder Bottle that Sparked Recall
Johnson & Johnson said on Tuesday that 15 new tests found no asbestos in a bottle of baby powder that the U.S. Food and Drug Administration says tested positive for trace amounts of asbestos, a finding the agency stands by. … Source: Claims Journal
Read MoreAfter Boeing Crashes, Jet Design Rules to Get Tougher for All
Planemakers worldwide face tougher scrutiny and changes in the way aircraft are certified in the aftermath of two fatal crashes of Boeing 737 MAX jets, leading regulators have told Reuters. Tuesday marks one year since the deadly crash of a … Source: Claims Journal
Read MoreOregon Latest State to Eye Abuses with Photo Estimates for Auto Claims
Oregon state regulators say insurance carriers are too often using photo estimates as a means of making low-ball settlement offers to policyholders without a thorough investigation. Insurance Commissioner Andrew Stolfi on Oct. 21 released a proposed draft of a bulletin … Source: Claims Journal
Read MoreMicrosoft Says Russia-Linked Hackers Target Sports Organizations
Microsoft Corp said it has tracked “significant” cyberattacks coming from a group it calls “Strontium” or “Fancy Bear,” targeting anti-doping authorities and global sporting organizations. The group, also called APT28, has been linked to the Russian government, Microsoft said in … Source: Claims Journal
Read MoreDon’t Even Think of Selling CBD as a Door-to-Door Vacuum Salesperson
Executives at Kirby Co.’s home office noticed an odd trend: Its door-to-door vacuum-cleaner salespeople were increasingly involved in the same side gig — pitching CBD oil. Kirby, whose parent company is owned by Warren Buffett’s Berkshire Hathaway Inc., didn’t like … Source: Claims Journal
Read MoreOne Wildfire Metric Threatens to Upend PG&E’s Restructuring Plan
PG&E Corp. investors looking to learn their fate may not get the answer from the bankrupt power company. Instead, the key data point could pop up within days on the website of California’s forestry service. That’s where firefighters are tracking … Source: Claims Journal
Read MorePG&E Says It’s Open to Extending Fire Victim Claims Deadline
PG&E Corp. told a judge it’s willing to extend the deadline for victims of wildfires caused by the utility’s equipment to file claims in its bankruptcy. U.S. District Judge James Donato criticized the company at a hearing last week, saying … Source: Claims Journal
Read MoreWinds Whip California as 2.5 Million People Face Power Cuts
California utilities are warning they may cut electricity to as many as 2.5 million people to prevent power lines from sparking fires as some of the strongest winds of the season hit the state. High winds Tuesday will leave more … Source: Claims Journal
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