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Archive for October 2020

PG&E Prioritized Targets Over Reducing Fire Risk, Monitor Says

PG&E Corp. prioritized meeting inspection targets over meaningful reduction of wildfire risk, according to a monitor overseeing the utility’s program of trimming trees and vegetation that pose a threat of igniting devastating blazes in California. Among the court-appointed compliance monitor’s … Source: Claims Journal

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Japan to Release Treated Fukushima Water in Sea, Kyodo Says

Japan is planning to release millions of gallons of treated radioactive water from its wrecked Fukushima Dai-Ichi nuclear power plant into the Pacific Ocean, Kyodo News reported, citing unidentified people close to the matter. The government has agreed on this … Source: Claims Journal

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More False Data Emerges From Firm That Took Over Takata

Joyson Safety Systems Japan, a unit of the company that took over failed airbag maker Takata Corp., discovered that falsified production data at its Japanese seatbelt factory was used to pass safety standards for a European certification agency, people with … Source: Claims Journal

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Norway’s Oil Workers Fear for Future as Rigs Go Remote

OSLO — A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has rekindled concerns among Norwegian unions over the impact on the safety of offshore workers and the loss of well-paid jobs. … Source: Claims Journal

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Travelers Profit Rises With Higher Premiums, Lower Costs

Oct 20 — Property and casualty insurer Travelers Companies Inc beat third-quarter profit expectations on Tuesday, helped by higher premiums, lower costs and an increase in returns from non-fixed income investments. The New York-based company, seen as a bellwether for … Source: Claims Journal

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4 Charged in Allegedly Staged Crash Settled for $4.7M

NEW ORLEANS — Four people have been charged in what prosecutors say was a staged wreck that was settled for $4.7 million. The indictment brought the total to 32 people accused of faking accidents with tractor-trailers to get insurance money, … Source: Claims Journal

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