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Grand Canyon Helicopter Firm Plans New Tanks After Crash
The company whose helicopter was involved in a deadly crash at the Grand Canyon is adding new fuel systems to its fleet that could help prevent or limit burn injuries. Papillon Airways announced an agreement this week with StandardAero for … Source: Claims Journal
Read MoreTreasury Cuts Puerto Rico’s $4.7B Disaster Relief Loan to $2B
Puerto Rico’s governor said Tuesday that the U.S. Treasury Department has cut a $4.7 billion disaster relief loan available to the U.S. territory by more than half, and he demanded help from Congress. Gov. Ricardo Rossello said federal officials reduced … Source: Claims Journal
Read MoreBusiness News: QBE, Verisk, Acadia Insurance
QBE North America Adds Breach Plan Services to Cyber Policies QBE North America, an integrated specialist insurer, announced the inclusion of data breach planning services in all cyber policies, giving policyholders a simplified approach to the development of an actionable … Source: Claims Journal
Read MoreHighway Debris Increases Crash Risk in Oklahoma
More accidents are being caused by road debris as traffic volume in Oklahoma City increases, a state agency spokeswoman said. Traffic volume increased in the city by 35 to 40 percent over the last two decades, Oklahoma Department of Transportation … Source: Claims Journal
Read MoreFord and Miami Form Test Alliance for Self-Driving Cars
Ford Motor Co. is making Miami-Dade County its new test bed for self-driving vehicles. The automaker and its partners – Domino’s Pizza, ride-hailing company Lyft and delivery company Postmates – are starting pilot programs to see how consumers react to … Source: Claims Journal
Read MoreDespite 2017 Catastrophes, Industry Surplus at All Time High
Due to multiple catastrophes in the first nine months of 2017, property/casualty insurers saw profits plummet, according to the latest Verisk report on the state of the industry. Even so, p/c insurers are doing well, said Beth Fitzgerald, senior vice … Source: Claims Journal
Read MoreDerivative Lawsuits Filed Against Wynn Resorts’ Board After Sex Claims
The board of directors of Las Vegas-based Wynn Resorts is facing mounting lawsuits from shareholders who allege they breached their fiduciary duties when they ignored what has been described as a longstanding pattern of sexual abuse and harassment by the … Source: Claims Journal
Read MoreTexas Launches Tool to Track Harvey Recovery
Texas launched a public online tool to track incoming and outgoing funds for Hurricane Harvey recovery on Monday, six months after the storm hit and two months after The Associated Press reported that it did not have one. Gov. Greg … Source: Claims Journal
Read MoreCalifornia Agency Says County Officials Lacked Solid Wildfire Alert Plan
Officials in a Northern California county were ill-prepared, disorganized and lacked sufficient training when deadly, fast-moving wildfires broke out last October endangering about 100,000 people, according to a report from California emergency managers. Sonoma County officials requested the state review … Source: Claims Journal
Read MoreCalifornia Governor Signs Dam Safety Bill
California Gov. Jerry Brown signed legislation Monday that seeks to beef up dam inspections following a near disaster that caused the evacuation of almost 200,000 people living downstream from the tallest one in the United States. The measure implements several … Source: Claims Journal
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