Archive for July 2022
Mine Fatality Adds to Pressure for Suncor Energy Changes
A worker was killed at Suncor Energy Inc.’s Base Plant mine in northern Alberta, the latest in a series of accidents that have shaken confidence in Canada’s biggest oil-sands producer and led to calls for changes in management. A contractor’s … Source: Claims Journal
Read MoreFord Issues New Fire Risk Recall, Expands Earlier Call Back
WASHINGTON –– Ford Motor Co. said Friday it issuing a new recall for 100,000 U.S. vehicles over fire risks, and expanding an earlier recall after a series of reported fires. The new recall covers certain 2020 through 2022 model year … Source: Claims Journal
Read MoreClimate Stress Test Flags $71B Risk to Euro Zone Banks
FRANKFURT —A sudden jump in carbon prices coupled with floods and droughts this year would lead to losses of at least 70 billion euros ($71.1 billion) for the euro zone’s largest banks, the European Central Bank said on Friday. The … Source: Claims Journal
Read MoreTrial Opens in Deadly Collapse of Italy’s Morandi Bridge
GENOA, Italy (AP) — Fifty-nine people went on trial Thursday for the 2018 collapse of Genoa’s Morandi bridge, accused of manslaughter and other charges in the deaths of 43 people. The defendants include former executives and experts of the company … Source: Claims Journal
Read MoreNY Gov. Hochul Mulls Bill that Would Expand Damages in Wrongful Death Cases
As New York Gov. Kathy Hochul mulls whether to sign legislation that will expand the types of damages that could be won in wrongful deaths cases, businesses including insurers are warning the change could mean higher liability insurance costs in … Source: Claims Journal
Read MoreYellowstone Floods Reveal Forecasting Flaws as World Warms
BILLINGS, Mont. (AP) — The Yellowstone National Park area’s weather forecast the morning of June 12 seemed fairly tame: warmer temperatures and rain showers would accelerate mountain snow melt and could produce “minor flooding.” A National Weather Service bulletin recommended … Source: Claims Journal
Read MoreMass. Supreme Rules Attorney Fees are Not Part of Insured Damages
The Massachusetts Supreme Judicial Court has ruled that attorney’s fees from a consumer protection lawsuit are not covered as part of bodily injury damages under a business liability policy, reversing a lower court that had found they were covered. Attorney’s … Source: Claims Journal
Read More8th Circuit Upholds Verdict Against Monsanto, but Orders New Trial on Punitive Damages
A federal appellate court on Thursday upheld a $15 million damage award to a Missouri peach farmer whose crops were damaged by pesticides that drifted off of nearby fields, but overturned a $60 million punitive damage award and ordered a … Source: Claims Journal
Read MoreTech Giants Brace for Legal Mess of Abortion Data Subpoenas
Technology giants including Apple Inc., Microsoft Corp. and Google, facing questions about whether they’d hand over users’ personal data to authorities pursuing evidence on abortion seekers, are bracing for the multi-state legal quagmire that will govern privacy in a post-Roe … Source: Claims Journal
Read MoreFBI Chief Says China Trying to ‘Ransack’ Western Businesses
FBI Director Christopher Wray warned Western companies that China aims to “ransack” their intellectual property so it can eventually dominate key industries, escalating a dispute between the world’s two largest economies over hacking. The Asian nation’s spies were snooping on … Source: Claims Journal
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