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Miner BHP Potentially Faces $44B Bill in Brazil Dam Case
LONDON –– Mining group BHP Group is potentially facing a 36 billion pound ($44 billion) lawsuit in London over Brazil’s worst environmental disaster after the number of claimants more than tripled to 700,000, their lawyers said on Wednesday. BHP was … Source: Claims Journal
Read MoreAlbany Diocese Files for Bankruptcy Amid Sexual Abuse Lawsuits
The Roman Catholic Diocese of Albany has filed for Chapter 11 bankruptcy protection in New York as it, like other dioceses in the state, faces hundreds of lawsuits by survivors of sexual abuse by priests. Bishop Edward B. Scharfenberger of … Source: Claims Journal
Read MoreFlorida House Panel Approves Bill to End AOBs in Windshield Repair
Auto insurance and tort-reform groups are celebrating after a subcommittee of the Florida House Banking and Insurance Committee approved a bill that would ban assignment-of-benefits agreements for windshield repairs, a measure that proponents hope will stem a flood of litigation … Source: Claims Journal
Read MoreFloods Kill 14 in Turkish Earthquake-Battered Provinces
ANKARA, Turkey (AP) — Floods caused by torrential rains hit two Turkish provinces that were devastated by last month’s catastrophic earthquake, killing at least 14 people and increasing the misery for thousands who were left homeless, officials said Wednesday. Interior … Source: Claims Journal
Read MoreCitgo’s Insurance Suit over Seized Venezuelan Oil Gets Go-Ahead
Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after Venezuelan authorities in 2020 seized almost a million barrels of its oil. US District Judge Gregory Wood on Wednesday denied … Source: Claims Journal
Read MoreOhio Sues Norfolk Southern over Toxic Train Derailment
Ohio filed a lawsuit against railroad Norfolk Southern to make sure it pays for the cleanup and environmental damage caused by a fiery train derailment on the Ohio-Pennsylvania border last month, the state’s attorney general said Tuesday. The federal lawsuit … Source: Claims Journal
Read MoreNortheast Digs Out from Winter Storm, Faces Power Outages
CONCORD, N.H. (AP) — Parts of New England and New York were digging out of a nor’easter Wednesday that caused tens of thousands of power outages, numerous school cancellations and whiteout conditions on the roads. The storm began Monday night … Source: Claims Journal
Read MoreCCC: Heavier Vehicles, Distracted Drivers Impacting Claim Severity
US roadways are carrying heavier, more powerful vehicles operated by motorists who are older, driving faster and more often distracted, according to CCC Intelligent Solutions’ annual Crash Course report. Each of those factors has a bearing on the frequency and … Source: Claims Journal
Read MoreSenate Leader Schumer Urges Federal Safety Probe into Freight Railroads
WASHINGTON —U.S. Senate Majority Leader Chuck Schumer on Wednesday urged the National Transportation Safety Board to launch an investigation into safety practices of all seven major freight railroads, following the East Palestine, Ohio derailment. The companies, in addition to Norfolk … Source: Claims Journal
Read MoreClass Action Suit Filed Against Silicon Valley Bank Parent
A class action lawsuit is being filed against the parent company of Silicon Valley Bank, its CEO and its chief financial officer, saying that company didn’t disclose the risks that future interest rate increases would have on its business. The … Source: Claims Journal
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