Archive for November 2023
41 Rescued Workers Emerge Dazed, Smiling After 17 Days Trapped in Collapsed Road Tunnel In India
UTTARKASHI, India (AP) — Forty-one construction workers emerged dazed and smiling late Tuesday from a collapsed tunnel where they had been stranded the last 17 days __ a happy ending to an ordeal that had gripped India and involved a … Source: Claims Journal
Read MoreFlorida Injury Attorney Begins Prison Time for Defrauding Former Players in NFL Lawsuit
A Florida injury attorney who led a class-action lawsuit on behalf of former NFL players, then defrauded his clients out of millions of dollars, is in federal prison after he was sentenced to 14 years. Phillip Timothy Howard, 62, who … Source: Claims Journal
Read MoreConsumer Reports: Electric Vehicles Less Reliable, on Average, than Conventional Cars and Trucks
DETROIT (AP) — Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80% … Source: Claims Journal
Read MoreJudge Enters $120M Order Against Former Owner of Failed Michigan Dam
DETROIT (AP) __ The former owner of a Michigan dam is on the hook for roughly $120 million sought by the state for environmental damage when the structure failed after days of rain in 2020, a judge said. But it`s … Source: Claims Journal
Read MoreState Supreme Court Upholds Attorney Fees in Tennessee Workers’ Comp Case
In what could be seen as a rare win for the claimants’ bar in Tennessee, the state Supreme Court upheld a $50,500 award of attorney fees, an amount that is almost double the workers’ compensation benefits paid to the injured … Source: Claims Journal
Read MoreElevator Plummets at a Platinum Mine in South Africa, Killing 11 Workers and Injuring 75
JOHANNESBURG (AP) — An elevator suddenly dropped around 200 meters (656 feet) while carrying workers to the surface in a platinum mine in South Africa, killing 11 and injuring 75 — 14 of them critically, the mine operator said Tuesday. … Source: Claims Journal
Read MoreViewpoint: CMS Releases FAQs on Section 111 Penalties
The Centers for Medicare and Medicaid Services (CMS) has published a Frequently Asked Questions (FAQ) document to supplement its recently released Section 111 penalties rule. There were a few crucial clarifications that we highlight below.Start Date for Reporting Data Subject … Source: Claims Journal
Read More10th Circuit: No Coverage Due Under Owner-Controlled Insurance Program for $22M Verdict
A multinational company that maintains power plants operated by electric utilities cannot turn to its customer’s owner-controlled insurance program for coverage after a losing a jury trial that resulted in a $222 million verdict. A panel of the 10th Circuit … Source: Claims Journal
Read MoreP/C Insurers Face Challenging Claims Dynamics as Frequency, Severity Rise: Swiss Re
The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic inflation, according to Swiss Re. The pace of claims growth in the liability line of business challenges the insurability of … Source: Claims Journal
Read MoreIndian Rescuers Reach 41 Workers Trapped in Collapsed Tunnel for 17 Days
UTTARKASHI, India (AP) — The Press Trust of India news agency says rescuers have reached workers trapped in a collapsed mountain tunnel and have started pulling them out. One worker has been rescued so far, the report said. The rescue … Source: Claims Journal
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