Archive for October 2023

U.S. auto safety regulator has opened a probe into whether General Motors’ self-driving unit Cruise has taken sufficient precautions with its autonomous vehicles to safeguard pedestrians, it said on Tuesday. The National Highway Traffic Safety Administration (NHTSA) said its Office … Source: Claims Journal

TOKYO —Toyota Motor, the world’s biggest automaker by sales, will extend until Wednesday a partial production halt at two domestic assembly plants due to an accident at a supplier’s facility, a company spokesperson said. The incident at supplier Chuo Spring, … Source: Claims Journal

Fatigue and complacency led to a passenger and car ferry crashing into a terminal in Seattle last year, causing $10.3 million in damage to the ferry, according to the National Transportation Safety Board’s final report. The Cathlamet ferry departed Vashon … Source: Claims Journal

The Mississippi Supreme Court has ruled that an insurer misunderstood when a three-year statute of limitations begins in dismissing the insurer’s claims relating to a fire on an insured’s property. The high court affirmed that a statute of limitations begins … Source: Claims Journal

Stuart Anderson, who played linebacker for the National Football League’s Washington Redskins (now known as the Washington Commanders) in the mid-1980s, has lost his bid to collect workers’ compensation medical benefits. Anderson filed clams in 2018 and 2019 seeking benefits … Source: Claims Journal

PUEBLO, Colo. (AP) — A semi-trailer truck driver was killed when a train derailed and a bridge collapsed, spewing coal and mangled train cars across a highway near Pueblo, Colorado, on Sunday, authorities said. The Pueblo County Coroner’s Office said … Source: Claims Journal

WASHINGTON –– U.S. auto safety regulators said on Monday car-sharing firm Zipcar has agreed to pay a $150,000 fine after a government investigation found it allowed customers to rent vehicles with uncompleted recalls. Zipcar could be forced to pay another … Source: Claims Journal

Winter is complicated whether we are judging the start or stop time of a winter event, the type of precipitation that has occurred, or the amount of accumulation. This article references numerous peer-reviewed studies regarding how winter precipitation greatly affects … Source: Claims Journal

As bond markets everywhere get battered by a cocktail of higher interest rates, deficit angst and hawkish central bankers, one class of debt instrument is handing creditors double-digit returns: catastrophe bonds. Investors in the $40 billion market for so-called cat … Source: Claims Journal

WILMINGTON, Delaware –– Tesla Inc urged a Delaware judge on Friday to reject $230 million in legal fees requested by a team of shareholder attorneys who won a settlement in a dispute over director pay, and the company recommended a … Source: Claims Journal