Industry News
Police say an employee of a Connecticut company that builds submarines for the U.S. Navy has been charged with making a “credible threat” against the lives of specific co-workers. Police say 39-year-old Edward Lesniak, of Coventry, Rhode Island, is charged …
Via: Claims Journal
The company that owned a tourist boat that sank in a Missouri lake has reached a settlement with relatives of two brothers who were among 17 people who died in the accident. The Kansas City Star reports lawyers for Ervin …
Via: Claims Journal
Honda Motor Co. will recall more than a million vehicles in the U.S. to replace a batch of faulty air bag parts that were installed as part of the largest auto safety recall in history. A driver in Maryland was …
Via: Claims Journal
The owner of a Rhode Island insurance agency that specialized in insuring horses was sentenced Monday to 36 months in federal prison for operating various schemes to defraud customers, insurance companies, and finance companies of approximately $1.3 million, the U.S. …
Via: Claims Journal
Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. …
Via: Claims Journal
Uber Technologies Inc. will pay $20 million to settle California lawsuits challenging the company’s classification of drivers as independent contractors, and not employees owed the benefits of traditional employment. Resolution of the long-standing fight over benefits and pay comes as …
Via: Claims Journal
The latest culprit for cooling U.S. inflation: safer driving. A measure of underlying price pressures watched closely by policy makers continued to moderate in February, missing forecasts, according to data published Tuesday by the Labor Department. The gauge of consumer …
Via: Claims Journal
RALEIGH, N.C. — Smithfield Foods was found responsible Friday for a fifth time for nuisances neighbors suffered from waste generated by thousands of the company’s hogs. Jurors determined the pork giant should pay $420,000 after four previous juries awarded nearly …
Via: Claims Journal
HARTFORD, Conn. — Connecticut lawmakers were urged Friday to pass additional legislation to address the state’s crumbling foundations problem and also find additional funds to help impacted homeowners. Michael Marglaras, superintendent of the Connecticut Foundation Solutions Indemnity Co., said it …
Via: Claims Journal
IDAHO CITY, Idaho — An Idaho jury has awarded more than $4.8 million to a woman injured in a U-turn accident after deciding it was partially caused by a sheriff’s deputy. But the Idaho Statesman reports that Chellus Dawn Towell …
Via: Claims Journal