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Swiss Re Cuts Fossil Fuel Cover for Oil, Gas to Protect Climate
LONDON –– Swiss Re SRENH.S, the world’s second biggest reinsurer said it would no longer insure most new oil and gas projects following mounting pressure on big business to do more to help the world cap global warming. Last year, … Source: Claims Journal
Read MoreTired of Waiting for Driverless Vehicles? Head to a Farm
DES MOINES, Iowa (AP) — For years Americans have been told autonomous technology was improving and that driverless vehicles were just around the corner. Finally they’re here, but to catch a glimpse of them, you’ll need to go to a … Source: Claims Journal
Read MoreSaharan Dust Storm Covers Spain, Spreads Out Across Europe
BARCELONA, Spain (AP) — A huge dust storm swirling over Europe from the Sahara desert made it hard to breathe in large parts of Spain for a second straight day on Wednesday and gave cleaning crews extra work as far … Source: Claims Journal
Read MoreJudge: Minor Leaguers Work Year-Round, MLB Violated Wage Law
NEW YORK (AP) — A federal judge ruled that minor leaguers are year-round employees who work during training time and found Major League Baseball violated Arizona state minimum wage law and is liable for triple damages. Chief Magistrate Judge Joseph … Source: Claims Journal
Read More7.3 Magnitude Quake Hits North Japan, Tsunami Alert Issued
TOKYO (AP) _ A powerful 7.3 magnitude earthquake struck off the coast of Fukushima in northern Japan on Wednesday evening, triggering a tsunami advisory and plunging more than 2 million homes in the Tokyo area into darkness. The region is … Source: Claims Journal
Read MoreMultiple Dead in Crash Involving U. of Southwest Golf Teams
ANDREWS, Texas (AP) — A vehicle carrying members of the University of the Southwest’s golf teams collided head-on with a pickup truck in West Texas, killing multiple people, authorities said. The vehicles collided Tuesday night in Andrews County and Sgt. … Source: Claims Journal
Read MoreAir Lease Says Russian Law on Leased Jets Could Help in Claiming Insurance
A new Russian law on leased aircraft showed Moscow could “confiscate” planes and such a move might help it claiminsurance, Air Lease Corp AL.N said at a time when leasing firms risk writing off jets stranded in the sanction-hit country. … Source: Claims Journal
Read MoreViewpoint: Cyberattacks Present Unique Challenges for Business Interruption Claims
Introduction As businesses continue to rely on computers and digital storage of important data, cyberattacks are a growing potential threat to these organizations—especially now, as businesses have transitioned their workforces to work remotely. There are many types of cyber threats, … Source: Claims Journal
Read MoreFederal Gov. Adopts New Rule Setting Safety Standards for Driverless Automobiles
The Biden Administration has issued a final rule intended to ensure safety of occupants in automated vehicles. This rule updates the current Federal Motor Vehicle Safety Standards to account for vehicles that may be equipped with automated driving systems (ADS) … Source: Claims Journal
Read MoreSudden Braking in 2 VW SUV Models Draws Regulatory Scrutiny
DETROIT (AP) — First came the beeping alarms and the dashboard lights warning that something had gone haywire. Then the driver’s side windows suddenly and mysteriously rolled down. Kendall Heiman’s Volkswagen SUV then pulled the scariest stunt of all: It … Source: Claims Journal
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