Archive for December 2019
Boat Safety Law Proposed After California Fire Killed 34
LOS ANGELES — A group of California congressional members have proposed tighter safety standards for small boats after a diving charter vessel burned and sank in September, killing 34 people. Only five people — the captain and four crew members … Source: Claims Journal
Read MoreNew Laws in Calif., Colo., Mich., Ore. and La. to Impact Claims Professionals
Legislation that creates potential for more employment law claims in California and a measure that may give attorneys a new tool to extract larger settlements from Colorado auto insurers are among new laws that will impact insurance claims professionals in … Source: Claims Journal
Read MoreInsurance Plan Fights Overhaul Aimed at Wildfire Areas
SACRAMENTO, Calif. — As California homeowners in wildfire-prone areas struggle to find insurance, a lawsuit filed Friday will test the state’s authority to help them. California’s insurance industry pays into a fund that sells coverage to people who can’t buy … Source: Claims Journal
Read MoreCyberattack on New Orleans City Computers Called ‘Minimal’
NEW ORLEANS — Officials announced Saturday that no data was held for ransom and that a recovery operation is getting underway after a cyberattack a day earlier triggered a shutdown of city government computers in New Orleans. Chief Information Officer … Source: Claims Journal
Read MoreBayer Asks Appeals Court To Reverse $25M Roundup Verdict
Bayer AG on Monday said it has asked a U.S. federal appeals court to throw out a $25 million judgment it was ordered to pay to a California man who blamed the company’s Roundup weed killer for his cancer. In … Source: Claims Journal
Read MoreThere’s a 60,000-Year-Old Way to Help Stop Australia Burning
Australia’s indigenous people say the bushfire-ravaged country is paying the price for ignoring their expertise in managing the ecology of the world’s-driest inhabited continent. The fires have already burned more than 6 million acres — an area the size of … Source: Claims Journal
Read MorePG&E Plunges as It Races to Meet Governor Bankruptcy Demand
PG&E Corp. shares plummeted after California Governor Gavin Newsom rejected its bankruptcy restructuring plan, forcing the company to make sweeping changes to meet his demands. The state’s largest power company has until Tuesday to address conditions that Newsom laid out … Source: Claims Journal
Read MoreBankrupt Philadelphia Refinery Expects Second Insurance Payment
Insurers of Philadelphia Energy Solutions (PES) have indicated they will make a second payment of $15 million from its property policy in connection to the June fire and subsequent shutdown of the plant, court documents showed. The payout will be … Source: Claims Journal
Read MoreInsurers Balk at Defending Sexual Misconduct Claims; Weinstein No Exception
While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to defend them against accusations of sexual … Source: Claims Journal
Read MoreAgency Probes 12th Tesla Crash Tied to Possible Autopilot Use
WASHINGTON — The U.S. auto safety agency said on Friday it will investigate a 12th Tesla crash that may be tied to the vehicle’s advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in … Source: Claims Journal
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