Archive for June 2022

The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurers’ and self-insured companies’ liabilities for black-lung occupational disease claims have ballooned – to an estimated $9 billion and perhaps more than $14 billion. … Source: Claims Journal

Europe’s natural gas prices jumped after a fire at a large export terminal in the US wiped out deliveries to a market that’s on high alert over tight Russian supplies. Benchmark futures traded in Amsterdam snapped a six-day falling streak, … Source: Claims Journal

ALBUQUERQUE, N.M. (AP) — The destruction caused by the largest wildfire burning in the U.S. has been devastating for thousands of residents and their lives have been forever disrupted and altered, New Mexico’s governor said Tuesday after touring the damage … Source: Claims Journal

DETROIT (AP) — Federal investigators say Goodyear knew that some of its recreational vehicle tires could fail and cause severe crashes, yet it didn’t recall them for as many as 20 years. Goodyear wouldn’t recall the tires as late as … Source: Claims Journal

AMHERST, N.Y. (AP) — Police are investigating a fire at an anti-abortion center in a Buffalo suburb early Tuesday as a likely arson — one the center’s operators suspect is the work of women’s rights extremists. The fire was reported … Source: Claims Journal

ST. LOUIS (AP) — After a record-setting Midwestern rainstorm that damaged thousands of homes and businesses, Stefanie Johnson’s farmhouse in Blandinsville, Illinois, didn’t have safe drinking water for nearly two months. Flood water poured into her well, turning the water … Source: Claims Journal

Ken’s Foods says it spared its insurer a potential $10 million pollution claim by spending more than $2 million on mitigation costs. It wants that money back. Steadfast Insurance Co. refuses to pay, saying that the policy it issued to … Source: Claims Journal

Tesla Inc TSLA.O cannot pause a California civil rights agency’s lawsuit alleging widespread race discrimination at an assembly plant while the electric carmaker separately challenges the agency’s ability to sue employers, a judge ruled on Wednesday. California Superior Court Judge … Source: Claims Journal

“We’re too low! We’re too low! We’re too low!” The Boeing Co. 737 co-pilot’s frenzied warnings on Sept. 28, 2018 came too late. Within seconds, the Air Niugini Ltd. passenger flight slammed into the waters of the western Pacific, half … Source: Claims Journal

A major medical imaging and outpatient surgery firm in Massachusetts has reported a cyber attack that may have compromised the medical data and identity of millions of patients. Shields Health Care Group said it recently became aware of suspicious activity … Source: Claims Journal