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Biden Administration Tightens Offshore Oil Rig Safety Rules Loosened Under Trump
The Biden administration on Tuesday finalized tighter rules for complex devices meant to prevent catastrophic blowouts on offshore oil and gas drilling rigs, reversing some Trump administration policies and returning to a more stringent regulatory stance adopted after the 2010 … Source: Claims Journal
Read More20 Deaths Reported as Dozens of Wildfires Rage Out of Control Across Greece
Advancing flames devoured forests and homes as dozens of wildfires raged across Greece on Wednesday, leaving 20 people dead over the past three days, while major blazes also burned in northwestern Turkey near the Greek border and on Tenerife in … Source: Claims Journal
Read MoreMallinckrodt Second Bankruptcy Would Cut $1 Billion From Opioid Settlement
Drugmaker Mallinckrodt aid on Wednesday it expects to file for a second bankruptcy in the coming days, after reaching a debt reduction deal that would cut $1 billion from the amount it owes to victims of the opioid crisis. The … Source: Claims Journal
Read MoreOSHA Probes Chemical Spill at Battery Plant Owned by GM, LG Energy
The U.S. workplace safety regulator said on Wednesday it was investigating a recent chemical solvent leak at an Ohio battery plant jointly owned by General Motors and South Korea’s LG Energy Solution The joint venture, Ultium Cells LLC, said on … Source: Claims Journal
Read MoreRLI Sees Up to $75 Million in Catastrophe Losses from Hawaiian Wildfires in Q3
Property and casualty insurer RLI Corp said on Wednesday it expects to record pretax net catastrophe losses of between $65 million and $75 million from Hawaiian wildfires in the third quarter of 2023. Wildfires earlier this month on Hawaii’s Maui, … Source: Claims Journal
Read MoreFedEx Faces Safety Issues as Driver Accidents, Insurance Costs Rise
FedEx Corp. is pressuring delivery contractors to improve safety after mounting accidents helped trigger a near-tripling of insurance costs over the decade. FedEx is requiring contractors that deliver packages on behalf of the company’s Ground unit to install vehicle cameras … Source: Claims Journal
Read MoreUse of Shell Companies in Construction to Evade Taxes, Workers’ Comp On the Rise
The workers’ compensation industry and state and federal tax authorities are losing hundreds of millions of dollars every year from fraud schemes involving shell companies in the construction industry, federal authorities are warning. The schemes, in which the shell companies … Source: Claims Journal
Read MoreSecond Death Reported in Washington Wildfires; Hundreds of Structures Burned
A second person has died in wildfires in eastern Washington state that ignited on Friday, burning hundreds of structures and closing a section of a major interstate for days, fire officials said. A body was found in the area burned … Source: Claims Journal
Read MoreFAA Holding Runway Safety Meetings After Close Call Incidents
The U.S. Federal Aviation Administration said on Tuesday it will hold runway safety meetings at 90 airports over the next few weeks after a series of troubling close-call aviation incidents. Earlier this month, the FAA and National Transportation Safety Board … Source: Claims Journal
Read MoreCalifornia’s Desert and Mountain Towns Dig Out From Hilary’s Mud
Crews worked to dig roads, buildings and care home residents out of the mud across a wide swath of Southwestern U.S. desert Monday, as the first tropical storm to hit Southern California in 84 years headed north, prompting flood watches … Source: Claims Journal
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