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Norfolk Southern Bondholders Sue over Safety Disclosures

NEW YORK – Norfolk Southern Corp. was sued on Tuesday by bondholders who said they lost hundreds of millions of dollars because the railroad concealed safety risks prior to the February derailment in Ohio of a train carrying hazardous chemicals. … Source: Claims Journal

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Powerful Cyclone Floods Homes in Myanmar; At Least 6 Dead

DHAKA, Bangladesh (AP) — Rescuers on Monday evacuated about 1,000 people trapped by seawater 3.6 meters (12 feet) deep along western Myanmar’s coast after a powerful cyclone injured hundreds and cut off communications. Six deaths were reported, but the true … Source: Claims Journal

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N.H. Supreme Court Rejects Cat Urine Analogy for COVID Claim

The New Hampshire Supreme Court has overturned a trial court that had found for a group of 23 hotels claiming they were entitled to insurance payments for business interruption losses caused by contamination of their properties by COVID-19. Agreeing with … Source: Claims Journal

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