Industry News
The Trump administration on Wednesday proposed slashing fuel economy standards that former President Joe Biden had finalized last year, in its latest push to make it easier for automakers to sell gasoline-powered cars. The National Highway Traffic Safety Administration proposed …
Via: Claims Journal
State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that left policyholders with less-than-promised payouts. Three …
Via: Claims Journal
Hong Kong ordered all buildings undergoing major repair work to immediately remove exterior scaffolding nets, as authorities investigate suspicions of forged safety certifications in connection with the city’s recent deadly blaze. All buildings currently carrying out the major repair works …
Via: Claims Journal
Families of the victims of a UPS cargo jet crash plan to file a wrongful death lawsuit on Wednesday, according to one of the law firms representing the victims. The UPS MD-11 cargo jet crashed immediately after taking off in …
Via: Claims Journal
He was not covered by workers’ compensation insurance. But he was in the course and scope of employment enough for an employer’s liability insurance exclusion to apply, said the U.S. 11th Circuit Court of Appeals, which overturned a lower federal …
Via: Claims Journal
The Trump administration is set to propose a significant rollback of fuel economy standards finalized by former President Joe Biden last year, its latest push to make it easier for automakers to sell gas-powered cars, sources told Reuters. The National …
Via: Claims Journal
An ex-Barclays Plc investment banker, who alleged that an offhand comment taken out of context cost him his job, lost an unfair dismissal lawsuit after a London court ruled he had demonstrated dishonest conduct. Mathew Humphrey, an assistant vice president …
Via: Claims Journal
The city of San Francisco sued Kraft, Mondelez, Coca-Cola and other makers of ultra-processed foods on Tuesday, accusing them of knowingly sickening California residents with addictive and harmful products. City Attorney David Chiu filed the lawsuit in San Francisco Superior …
Via: Claims Journal
President Donald Trump’s administration urged the U.S. Supreme Court on Monday to take up Bayer’s bid to curtail thousands of lawsuits claiming its Roundup weedkiller causes cancer, pushing the group’s shares to their highest in almost two years. In a …
Via: Claims Journal
New York City will be soggy Tuesday as a fast-moving winter storm brings heavy snow north and east of the city, raising the risk of airline delays and snarling ground traffic across the interior Northeast. Rains are likely to arrive …
Via: Claims Journal