Archive for January 2023
Tesla, Insurers Take Different Paths to Deal with Expensive Repairs
Tesla Inc’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways. Chief Executive Elon Musk says Tesla is making design and software changes to its vehicles … Source: Claims Journal
Read MoreStudy of Pittsburgh Bridge Collapse Looking at Leg Fractures
PITTSBURGH (AP) _ Investigators looking into the collapse of a Pittsburgh bridge nearly one year ago are looking closely at damage to the legs of the structure, the National Transportation Safety Board said Thursday. An agency update on the Jan, … Source: Claims Journal
Read MoreWisc. Supreme: Homicide Conviction Doesn’t Mean Baby’s Death Wasn’t an Accident
The mother of a baby girl who was killed by her father may pursue a claim against the father’s insurer because of unresolved questions, including whether the death was an accident, a divided Wisconsin Supreme Court ruled Thursday. In a … Source: Claims Journal
Read MoreViewpoint: Prevention and Mitigation of Business Interruptions After Cyber Attacks
The modern security ecosystem is diverse and ever-changing, a place where cyber risk is top of mind for leaders at all levels, and threats to information / data security and privacy evolve at the speed of the technical innovations driving … Source: Claims Journal
Read MoreShareholders Can Sue Mcdonald’s Ex-Executive in Landmark Ruling
WILMINGTON, Del. —Shareholders can sue McDonald Corp’s former global chief people officer for the damage they claim he caused to the restaurant chain by allegedly allowing a culture of sexual harassment to flourish, according to a groundbreaking legal ruling. The … Source: Claims Journal
Read MoreFew Florida Insurers Compel Arbitration, but Attorneys Say that Will Change
After American Integrity Insurance Co. filed for a binding arbitration endorsement on homeowner policies one year ago, many in the industry expected a wave of other insurers to follow suit as claims litigation costs continued to rise in Florida. So … Source: Claims Journal
Read MoreAfter 18 Years, $1.5B Dike Repair Done at Florida’s Lake O
ST. PETERSBURG, Fla. (AP) — After 18 years, a $1.5 billion project was officially completed Wednesday to repair the sprawling dike around Florida’s Lake Okeechobee that protects thousands of people from potentially catastrophic flooding during hurricanes. The Herbert Hoover Dike … Source: Claims Journal
Read MoreUS Board Says Boeing Max Likely Hit a Bird Before 2019 Crash
U.S. accident investigators disagree with Ethiopian authorities over the cause of a sensor malfunction that preceded the March 2019 crash of a Boeing 737 Max shortly after takeoff from Addis Ababa. The National Transportation Safety Board said Tuesday that it … Source: Claims Journal
Read MoreRecovering from Wildfire, New Mexico Bill Passes First Test
ALBUQUERQUE, N.M. (AP) — A measure that would clear the way for New Mexico to provide zero-interest loans to local governments to repair or replace public infrastructure damaged by wildfires or post-fire flooding has cleared its first legislative hurdle. The … Source: Claims Journal
Read MoreGuyana: Satellites Will Spot Oil Spills, Not On-Ship Experts
GEORGETOWN, Guyana (AP) _ Guyana’s Environmental Protection Agency says it can now use satellites to monitor any oil spills in the South American nation’s waters. The agency’s former leader criticized the technology as ineffective, saying the only proper way of … Source: Claims Journal
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