Archive for June 2021

We all know that corporations and limited liability companies can die. In actuality, they are dissolved and given time to wind up their affairs, but the point is that after five years following proper notice to potential creditors and other … Source: Claims Journal

WASHINGTON — U.S. auto safety regulators said on Thursday they have opened 30 investigations into Tesla crashes involving 10 deaths since 2016 where advanced driver assistance systems were suspected of use. The National Highway Traffic Safety Administration (NHTSA) released a … Source: Claims Journal

LONDON — Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global climate change commitments, but now comes the hard part – finding ways to exclude coal from bulk-buy contracts, … Source: Claims Journal

U.S. cattle ranchers and investors are sinking hundreds of millions of dollars into new beef plants after temporary closures of massive slaughterhouses at the start of the COVID-19 pandemic left farmers with nowhere to send animals destined to be turned … Source: Claims Journal

SALT LAKE CITY (AP) — Four of the nine protesters charged after police accused them of painting a street red and smashing windows at a district attorney’s office last year in Salt Lake City have taken a plea deal and … Source: Claims Journal

BILLINGS, Mont. (AP) — Wildfires burning in Montana have exploded in size, triggering evacuations and destroying an unknown number of homes as furious winds stoked the blazes and caused a fire helicopter to crash land, officials said Wednesday. In the … Source: Claims Journal

DETROIT (AP) — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology. The announcements Wednesday came as crosstown … Source: Claims Journal

CONCORD, N.H. (AP) — A judge has ruled in favor of a group of hotels whose owners sued their insurance carriers over lost business during the coronavirus pandemic. Businessman Mark Stebbins of Schleicher & Stebbins Hotels, LLC, one of the … Source: Claims Journal

SACRAMENTO, Calif. (AP) — Thousands of Central California farmers were warned Tuesday that they could face water cutoffs this summer as the state deals with a drought that already has curtailed federal and state irrigation supplies. The State Water Resources … Source: Claims Journal

Creditors who say they were swindled out of more than $200 million by the former owners of the liquidated CastlePoint group of insurance companies may proceed with most of the claims they made in a New York lawsuit, a California … Source: Claims Journal