Archive for March 2022

With just two days left in the 2022 Florida legislative session, a comprehensive property insurance reform bill appears to be dead. But lawmakers were said to be looking for ways to fold some of the main provisions into other bills … Source: Claims Journal

Victims of America’s opioid addiction epidemic will confront in court on Thursday the Sackler family members who own OxyContin-maker Purdue Pharma, in an attempt to force them to face their role in a crisis that claimed 500,000 overdose deaths. The … Source: Claims Journal

Russia’s ongoing invasion of Ukraine has the shipping industry bracing for new shocks to its labor force, which relies on experienced crew from both countries. Ukrainian and Russian seafarers make up nearly 15% of the industry’s 1.9 million seafarers and … Source: Claims Journal

DECKERS, Colo. (AP) — Dripping flaming fuel as they go, a line of workers slowly descends a steep, snow-covered hillside above central Colorado’s South Platte River, torching piles of woody debris that erupt into flames shooting two stories high. It’s … Source: Claims Journal

HOUSTON (AP) — Texas’ administration of flood relief money from Hurricane Harvey broke federal law by discriminating against Black and Hispanic residents in the Houston area, according to a decision by the federal housing agency that could channel millions of … Source: Claims Journal

MOBILE, Ala. (AP) — Storms that moved across the Deep South early Wednesday knocked down trees and caused other scattered damage in Alabama before prompting tornado warnings in Georgia. No injuries or deaths were reported, but a tornado watch remained … Source: Claims Journal

NEW YORK (AP) — Plumes of white smoke from multiple small brush fires went spiraling up from the northern end of New York City’s Central Park on Tuesday, and authorities said they were investigating the possibility that arson was to … Source: Claims Journal

The judge overseeing Purdue Pharma’s bankruptcy on Wednesday approved a $6 billion opioid settlement funded by its Sackler family owners, overruling objections from the Department of Justice and 20 states that opposed the deal. Under the settlement, the Sacklers would … Source: Claims Journal

Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion from Russian airlines have received mostly radio silence as experts warn of legal wrangling that could last a decade. Western bans … Source: Claims Journal

WASHINGTON –– BMW will recall 917,106 vehicles in the United States over potential engine fire risks, the German automaker said on Wednesday, its third such move over the issue since 2017. The latest recall includes numerous vehicles built between 2006 … Source: Claims Journal