Industry News
GENEVA — Warned that Typhoon Haiyan would slam into the coastal part of the Philippine town of Dulag in November 2013, Leah C. Caminong’s family rented a room 300 meters back from the shoreline where they planned to ride out …
Via: Claims Journal
SACRAMENTO, Calif. — Six Roman Catholic dioceses in California are creating a program to compensate people who were sexually abused by priests as children, in return for them promising not to sue. The program announced Tuesday includes the Archdiocese of …
Via: Claims Journal
WASHINGTON — Tesla Inc’s Autopilot feature was engaged during a fatal March 1 crash of a 2018 Model 3 in Delray Beach, Florida, in at least the third fatal U.S. crash reported involving the driver-assistance system, the National Transportation Safety …
Via: Claims Journal
Purdue Pharma LP and its billionaire owners are being sued by five more states alleging the company’s aggressive marketing of the OxyContin painkiller triggered a vast addiction epidemic that has claimed hundreds of thousands of lives in the U.S. The …
Via: Claims Journal
Electric vehicles may be less prone to catch fire than gas guzzlers, but recent blazes involving Tesla Inc. and NIO Inc. cars in Greater China are prompting the industry to take steps to alleviate concerns from potential customers in the …
Via: Claims Journal
Europe’s biggest insurers are on the hook for as much as $450 million from a pair of airline crashes involving Boeing Co. 737 Max planes. Munich Re reckons it could pay 150 million euros ($168 million), an estimate that Chief …
Via: Claims Journal
California investigators have determined that PG&E Corp.’s power lines ignited the deadliest blaze in state history, opening the door for more liabilities that the company has already warned may exceed $30 billion. A transmission line owned by PG&E sparked the …
Via: Claims Journal
Any hopes of getting corn and soybean planting back on track in the U.S. may be washed away starting Friday as a pair of storms threaten to deliver a “one-two punch” of soaking rain and tornadoes across the Great Plains …
Via: Claims Journal
U.S. aviation regulators expect to receive Boeing Co.’s proposed software fix for the grounded 737 Max as soon as next week and will then begin a review that will include test flights and input from a technical advisory board. “We …
Via: Claims Journal
In Norfolk, Virginia, officials are taking action to reduce their city’s vulnerability to flood risks. Flooding in Norfolk does not just happen during major storms. It can happen when the sun is shining, if the tide is high or the …
Via: Claims Journal