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Immunity Doesn’t Protect Local Governments from Administrative Penalties, Texas Court Rules
Political subdivisions in Texas can’t use governmental immunity to evade administrative penalties for failing to timely pay workers’ compensation benefits, a state appellate court ruled Tuesday. A panel of the 3rd District Court of Appeals in Austin upheld a trial … Source: Claims Journal
Read MoreViewpoint: Higher Repair Costs, Supply Line Delays Drive Business Interruption Claims
The aftershocks of the COVID-19 pandemic have hit businesses hard, with inflation, supply chain disruptions, and increasing downtime. Just as we saw how ill-prepared our healthcare system was for the global outbreak, so was our economy, and our supply and … Source: Claims Journal
Read MoreLighthouse Insurance Misled Hedge Funds Before it Collapsed in 2022, Lawsuit Claims
A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives concealed the extent of underwriting losses after Hurricane Ida, even as the insurer solicited millions in fresh capital. And part … Source: Claims Journal
Read MoreHurricane Otis Kills 3 Foreigners Among 45 Dead in Acapulco as Search for Bodies Continues
MEXICO CITY (AP) — Officials in Mexico said Monday that three foreign residents were among at least 45 people killed when Hurricane Otis hit the resort city of Acapulco last week. Local prosecutors say the dead included one American, one … Source: Claims Journal
Read MoreKazakhstan Mine Fire Death Toll Rises to 42
LONDON (AP) — The death toll from a fire at a coal mine in Kazakhstan rose to 42 on Sunday, with four people still missing, the press service of Kazakhstan`s Ministry of Emergency Situations said. It added that rescue operations … Source: Claims Journal
Read MoreBiden Signs Sweeping Executive Order Regulating Artificial Intelligence
President Joe Biden is directing the US government to take a sweeping approach to artificial intelligence regulation, his most significant action yet to rein in an emerging technology that has sparked both concern and acclaim. The lengthy executive order, released … Source: Claims Journal
Read MoreDeadly Explosion off Nigeria Points to Threat Posed by Aging Oil Ships Around the World
OKITIPUPA, Nigeria (AP) — It was the dead of night when the ship caught fire, Patrick Aganyebi remembers, but the flames made it seem as bright as day. The explosion that night woke him and knocked him to the floor. … Source: Claims Journal
Read MoreUS Commits $1.3 Billion for Power Lines in West, Northeast
WASHINGTON —The Biden administration said on Monday it is committing up to $1.3 billion for three new power lines crossing six states in the U.S. West and Northeast, to help bolster the aging grid and bring renewable power to more … Source: Claims Journal
Read MoreSEC Sues SolarWinds for Concealing Cyber Risks Before Massive Hacking
NEW YORK –– The U.S. Securities and Exchange Commission on Monday sued software company SolarWinds Corp. and its top information security executive, saying they defrauded investors by hiding cybersecurity weaknesses during a massive hack targeting the U.S. government. The SEC … Source: Claims Journal
Read MoreKemper Unit Agrees to Pay $1.1M to Settle Complaints About Slow Response to Auto Claims
Alliance United Insurance Co. has agreed to pay $1.1 million to two Southern California district attorney’s offices to resolve allegations that it failed to timely investigate auto accident claims. Los Angeles County District Attorney George Gascón and Ventura County District … Source: Claims Journal
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