Posts by Y@DminG
As Tougher Climate Disclosures Hit, Campaigners Scour for Laggards
LONDON –– A push by Britain to toughen up corporate environmental disclosures will cast a spotlight on climate change dawdlers as campaigners increasingly turn to the courts to force a speedier transition to a low-carbon economy. Almost 2,000 climate change-related … Source: Claims Journal
Read MoreClosing Arguments Begin in Boy Scouts Bankruptcy Case
DOVER, Del. (AP) — Following a three-week trial, a Delaware judge began hearing closing arguments Wednesday in the Boy Scouts of America bankruptcy case. Judge Laura Selber Silverstein must decide whether to approve a reorganization plan the BSA negotiated over … Source: Claims Journal
Read MoreJudge Orders Owner to Demolish Packard Plant in Detroit
DETROIT (AP) — A judge has ordered the demolition of the deteriorating Packard auto plant in Detroit, finding that it had become a public nuisance. Wayne County Circuit Court Judge Brian Sullivan wrote in an order that the plant’s Peruvian … Source: Claims Journal
Read MoreMajor Outage Forces Puerto Rico to Shutter Schools, Offices
SAN JUAN, Puerto Rico (AP) — More than a million customers in Puerto Rico remained without electricity on Thursday after a fire at a main power plant caused the biggest blackout so far this year across the U.S. territory, forcing … Source: Claims Journal
Read MoreRMS: Secondary Perils Responsible for Growing Share of Disaster Claims
Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled characteristics of disasters, which are altering the industry’s understanding of these risks, according to a report published by RMS. “Secondary … Source: Claims Journal
Read MoreS.C. State Police Arrest 17 Accused of Staging Crashes; Ringleader Remains at Large
South Carolina authorities have charged 18 people in what’s being called a major insurance fraud ring that staged vehicle collisions and filed false claims over a one-year period. All but one of the subjects were booked at the Sumter Lee … Source: Claims Journal
Read MoreDrivers Speeding Less but More Distracted Than Ever, CMT Report Says
US motorists have eased their feet off their gas pedals a bit since the height of the pandemic, but their eyes are on the road a lot less, according to a new report by Cambridge Mobile Telematics. The company, which … Source: Claims Journal
Read MoreLike Tesla, Toyota Develops Self-Driving Tech With Low-Cost Cameras
SAN FRANCISCO –– Toyota Motor Corp unit Woven Planet is following the lead of Tesla Inc. in trying to advance self-driving technology with low-cost cameras. Woven Planet told Reuters it is able to use cameras to collect data and effectively … Source: Claims Journal
Read MoreFrance Opens Safety Probe of ‘Serious’ NY-Paris Flight Issue
PARIS (AP) — France’s bureau that investigates air crashes and aviation safety said Wednesday it is looking into a “serious incident” involving an Air France flight from New York’s JFK airport that suffered flight control problems on approach to its … Source: Claims Journal
Read MoreCourt: Hospitals Can be Responsible for Abuse by Employees
VENTURA, Calif. (AP) — A state appeals court said Tuesday that a Southern California hospital can be held responsible for sexual abuse by an employee, upholding a jury’s damage award of $6.75 million to two elderly patients who were abused … Source: Claims Journal
Read More