Archive for September 2021
Boeing Board to Face Investors’ Suit Over 737 Max Crashes
Boeing Co.’s directors must face an investors’ lawsuit accusing them of failing to properly monitor safety issues and the development of 737 Max jetliners whose two fatal crashes have cost the company more than $20 billion. Delaware Chancery Judge Morgan … Source: Claims Journal
Read MoreBoeing Board to Face Investors’ Suit Over 737 Max Crashes
Boeing Co.’s directors must face an investors’ lawsuit accusing them of failing to properly monitor safety issues and the development of 737 Max jetliners whose two fatal crashes have cost the company more than $20 billion. Delaware Chancery Judge Morgan … Source: Claims Journal
Read MoreNew Jersey’s Largest Dairy Farm Nearly Destroyed in Tornado
The morning after one of the most intense tornadoes recorded in New Jersey history all but demolished the largest dairy farm in the state, owners Marianne and Wally Eachus looked at each other and just cried. “What are we going … Source: Claims Journal
Read MoreNew Jersey’s Largest Dairy Farm Nearly Destroyed in Tornado
The morning after one of the most intense tornadoes recorded in New Jersey history all but demolished the largest dairy farm in the state, owners Marianne and Wally Eachus looked at each other and just cried. “What are we going … Source: Claims Journal
Read More11th Circuit Leaves it to Alabama to Decide if Pollution Exclusion Applies to Carbon Monoxide Deaths
National Trust Insurance Co. contends that a pollution exclusion in a policy it sold to an Alabama furnace-repair company excludes coverage for a wrongful death claim caused by carbon monoxide poisoning. The Indiana-domiciled carrier won’t be able to test that … Source: Claims Journal
Read More11th Circuit Leaves it to Alabama to Decide if Pollution Exclusion Applies to Carbon Monoxide Deaths
National Trust Insurance Co. contends that a pollution exclusion in a policy it sold to an Alabama furnace-repair company excludes coverage for a wrongful death claim caused by carbon monoxide poisoning. The Indiana-domiciled carrier won’t be able to test that … Source: Claims Journal
Read MoreExplainer: How Will Solid-State Batteries Make Electric Vehicles Better?
Solid-state batteries could be game changer for electric vehicles (EVs) by storing more energy, charging faster and offering greater safety than liquid lithium-ion batteries, helping accelerate the shift away from fossil fuel-powered cars. How are they different from liquid lithium-ion … Source: Claims Journal
Read MoreCredit Suisse Preparing Further Insurance Claims for Greensill-Linked Funds
ZURICH — A first insurance claim has been filed and more are being prepared in Credit Suisse’s efforts to recover funds from its insolvent supply chain finance linked to Greensill, the Swiss bank said on Tuesday. The collapse of Credit … Source: Claims Journal
Read MoreIda’s Fury Left a Complex Power Challenge in Louisiana
NEW ORLEANS (AP) — Crews in Louisiana have restored power to nearly 70% of greater New Orleans and nearly all of Baton Rouge after Hurricane Ida, but outside those large cities, getting lights back on is a complex challenge that … Source: Claims Journal
Read MoreEvacuations Lifted for Thousands in Tahoe as Wildfire Stalls
SOUTH LAKE TAHOE, Calif. (AP) — Tens of thousands of people who fled South Lake Tahoe in the teeth of a wildfire were returning home as crews finally managed to stall the advance of flames scant miles from the resort. … Source: Claims Journal
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