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Moody’s Says LA Fire May Pose Risk to Southern California Edison
The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody’s Ratings said in a report on Thursday. … Source: Claims Journal
Read MoreInsurTechs Highlight New Approaches to Wildfire Insurance
While the Southern California fires that sparked in high-wind conditions last week inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said in a Thursday briefing that the industry price tag of the Palisades and Eaton … Source: Claims Journal
Read MoreUSDA Documented Insects And Slime at Boar’s Head Plants, Records Show
Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year after a deadly outbreak of listeria poisoning, federal records show. Newly released reports from Boar’s Head plants in … Source: Claims Journal
Read MoreToyota Unit Hino Motors Reaches $1.6B US Diesel Emissions Settlement
Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles, the company and U.S. government said on Wednesday. The Japanese truck … Source: Claims Journal
Read MoreFire-Ravaged LA to See Respite But Danger ‘Not Yet Passed’
The dry, dangerous winds that have kept fire-scarred Los Angeles on edge for days are finally forecast to end — but a lack of rain and another round of winds forecast next week has officials worried. “Things are starting to … Source: Claims Journal
Read MoreNew York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed
A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil, BP and Shell. liable for misleading the public about their products, and their commitment to renewable energy and fighting climate change. In a decision on Tuesday, state … Source: Claims Journal
Read MoreDrake Sues Universal Music for Defamation in Kendrick Lamar Song
The rap artist Drake has sued Universal Music Group NV for defamation in U.S. federal court, accusing the company of putting his life in danger by releasing and promoting a song by his rival and labelmate Kendrick Lamar. In a … Source: Claims Journal
Read MoreUS Closes Safety Investigation of GM’s Cruise Robotaxi Unit
U.S. auto safety regulators ended a federal investigation into Cruise robotaxis without taking action, removing an overhang weeks after General Motors Co. decided to shutter the struggling business. The National Highway Traffic Safety Administration had opened a preliminary evaluation in … Source: Claims Journal
Read MoreFirefighters Learn From Idaho Laboratory Experts About EV Batteries, Safety
Newswise – There’s a reason that electric vehicles in salvage yards are kept by themselves and spaced far apart. Their lithium-ion batteries can hold a lot of energy, and if one catches fire, it’s sometimes hard for firefighters to extinguish … Source: Claims Journal
Read MoreSouthwest Air Faces US Lawsuit for ‘Chronic Flight Delays’
Southwest Airlines Co. was sued by the U.S. Transportation Department for allegedly violating rules that require airlines to set and meet realistic flight schedules. The carrier was responsible for “unlawful chronic flight delays” that disrupted passengers’ travel plans, the agency … Source: Claims Journal
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