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California Governor Proposes Wildfire Law Changes

California utility giants PG&E Corp. and Edison International are one step closer to changing a state law that has exposed them to billions of dollars in wildfire liabilities. Late Tuesday, California Governor Jerry Brown proposed a bill that would require … Source: Claims Journal

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Samsung, Workers to End Standoff on Workers’ Deaths

Samsung Electronics and a group representing ailing Samsung computer chip and display factory workers said Tuesday they have agreed to end a years-long standoff over compensation for deaths and grave illnesses among Samsung workers. Samsung and Banolim said they will … Source: Claims Journal

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Travelers: Weather is Top Cause of Home Damage

The Travelers Companies, Inc. released its Top Ways Things Can Go Wrong interactive report, which identifies the most common and costliest causes of home damage. The report examines the company’s national homeowners insurance claim data from 2009 to 2016. It … Source: Claims Journal

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California Utility Shares Rise After Governor Proposes Fire Bill

Shares of California utility owners PG&E Corp., Edison International and Sempra Energy climbed after Governor Jerry Brown indicated that utilities shouldn’t be responsible for future wildfire damages without considering whether they acted “reasonably.” The proposal wouldn’t affect the billions of … Source: Claims Journal

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