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Poconos Water Park Shuttered by Pandemic Faces Mortgage Woes
One of America’s biggest indoor water parks, normally packed with frolicking families, has gone dark — a casualty of social distancing. Now, the mortgage on the property is in trouble. The Kalahari water park and resort in the Poconos, with … Source: Claims Journal
Read MoreCompany Owner of Two Killed Workers Had Been Cited 27 Times
STARKVILLE, Miss. — The owner of the contracting company of which two workers were killed in a trench collapse in Mississippi earlier this month was previously issued 27 federal citations for safety violations. Shane Henderson was the president of the … Source: Claims Journal
Read MoreAustralia Targets Litigation Funders In Class Action Clampdown
The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in costly class action lawsuits. Treasurer Josh Frydenberg said on Friday that litigation funders will be required to hold an Australian … Source: Claims Journal
Read MoreFederal PRIA Bill Officially Introduced for Biz Interruption, Event Cancellation
During a press conference on Tuesday, U.S. Rep. Carolyn Maloney, D-New York, officially announced the introduction of the much-anticipated Pandemic Risk Insurance Act of 2020, a federal backstop for pandemic-related business interruption insurance modeled after the Terrorism Risk Insurance Act. … Source: Claims Journal
Read MoreBayer Reaches Deals on Big Share of 125,000 Roundup Weedkiller Suits
Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations. The deals, which have yet to be signed and … Source: Claims Journal
Read MoreU.S. Lawmaker Wants Insurers, Govt to Share Future Pandemic Business Losses
U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay a slice of the claims. The legislation, introduced by Rep. Carolyn Maloney, a Democrat from … Source: Claims Journal
Read MoreDeadly Air-Ambulance Crash Revealed Widespread Safety Lapses
An air-ambulance helicopter crash in Ohio last year that killed three crew members revealed sweeping safety lapses and rule violations, federal accident investigators concluded Tuesday. The Survival Flight Inc. copter slammed into a wooded hillside in southeastern Ohio during snow … Source: Claims Journal
Read MoreCOVID-19 Lawsuit Takes on McDonald’s Like it Was a Rowdy Bar
May 26 — As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus. Workers … Source: Claims Journal
Read MorePandemic Forces Virtual Safety Checks for Oil Tankers
LONDON — Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus pandemic makes physical visits to check for seaworthiness tougher and a slump in fuel demand increases the need for ships as … Source: Claims Journal
Read MoreForecasters Predict Busy 2020 Atlantic Hurricane Season
FORT LAUDERDALE, Fla. — With forecasters predicting another intense Atlantic hurricane season with as many as 13 to 19 named storms, disaster preparedness experts say it’s critically important for people in evacuation zones to plan to stay with friends or … Source: Claims Journal
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