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NJ Transit Withholds Braking-Project Costs as ‘Trade Secret’
New Jersey Transit is withholding the growing cost of one of its biggest-ever capital projects, an emergency rail-braking system ordered by Congress. In 2017, the so-called positive train control system had a cost of at least $320 million, more than … Source: Claims Journal
Read MoreMallinckrodt Puts Off Planned Generics Spinoff Amid Opioid Cases
Mallinckrodt Plc said it would suspend the spinoff of its specialty-generics business as it grapples with a wave of lawsuits related to opioid painkillers and a bruising marketplace for copycat medicines. The company is still considering a range of options … Source: Claims Journal
Read More3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith
Kyle and Marie Stechert say they rushed to buy another car after their vehicle was “totaled” in an accident because their insurance carrier refused to keep paying for their rental vehicle. The new car was twice as expensive as the … Source: Claims Journal
Read MoreViewpoint: CMS’ Liability Medicare Set Aside Proposal is Bad Policy
It’s a scenario every senior citizen fears—getting seriously injured in an accident. Whether it’s a slip and fall at the grocery store or getting hit by a car crossing the street, the question of “who pays?” often isn’t far from … Source: Claims Journal
Read MoreAdams Could Be 1st County to Enact Oil, Gas Location Rule
DENVER — Adams County could become the first community in Colorado to require a larger separation between new wells and occupied buildings than the state mandates, as leaders at both the state and local level wrestle with how to implement … Source: Claims Journal
Read MoreIdentity Theft Stings, but Hard to Pin on Specific Attacks
NEW YORK — Equifax 2017. Marriott 2018. Capital One 2019. Data breaches through hacking attacks are distressingly common these days, and personal details about you can lead to identity theft, such as credit cards and loans in your name. But … Source: Claims Journal
Read MoreGlobal Warming Brings Wildfire Risk to Rainy Northwest
ISSAQUAH, Wash. — Nestled in the foothills of Washington’s Cascade Mountains, the bustling Seattle suburb of Issaquah seems an unlikely candidate for anxiety over wildfires. The region, famous for its rainfall, has long escaped major burns even as global warming … Source: Claims Journal
Read MoreInsurance, Economy, Tariffs Weigh on Berkshire Hathaway
Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by billionaire Warren Buffett. Berkshire’s auto insurer Geico suffered … Source: Claims Journal
Read MorePorn Purveyors’ Use of Copyright Lawsuits Has Judges Seeing Red
Pornography producers and sellers account for the lion’s share of copyright-infringement lawsuits in the U.S. — and judges may have seen enough. The courts are cracking down on porn vendors that file thousands of lawsuits against people for downloading and … Source: Claims Journal
Read MoreAI and Bionic Eyes Are Helping to Keep Wildfires Contained
On a tower in the Brazilian rain forest, a sentinel scans the horizon for the first signs of fire. Only these eyes aren’t human. They don’t blink or take breaks, and guided by artificial intelligence they can tell the difference … Source: Claims Journal
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