News
Robert Lerton “Bob” Young, founder of a company that grew to become claims-management giant Sedgwick, died on Feb. 20, the company announced Wednesday. He was 83. Young in 1969 founded a small claims services company in San Francisco. The company … Source: Claims Journal
HOBOKEN, N.J. — Hoboken, one of the areas in New Jersey hit hardest by Superstorm Sandy, is making progress toward completing a large public park that will double as a reservoir for nearly 2 million gallons of storm water to … Source: Claims Journal
HARDWICK TOWNSHIP — A forest fire burning through a popular hiking area that is crossed by the Appalachian Trail and a major interstate highway was about 80% contained by Monday afternoon, New Jersey fire officials said. The fire began Sunday … Source: Claims Journal
BOSTON — A subsidiary of utility operator NiSource Inc has agreed to pay $53 million and plead guilty to breaking federal pipeline safety laws to resolve an investigation into catastrophic gas explosions in three Massachusetts communities in 2018. Columbia Gas … Source: Claims Journal
Bayer AG Chairman Werner Wenning will step down as the German drug and chemicals company wrestles with the growing fallout from U.S. lawsuits over its Roundup weedkiller. Wenning will be succeeded in April by Norbert Winkeljohann, 62, who has served … Source: Claims Journal
Opioid makers and distributors who proposed paying almost $50 billion to resolve U.S. lawsuits over the addictive drugs are drawing more support from states, including California and New York, as pressure mounts for a deal before a trial starts next … Source: Claims Journal
Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking more like a natural … Source: Claims Journal
Zurich American Insurance Co. concluded that heart disease killed Joseph Arruda, not the spine fracture he suffered after his vehicle careened across opposite lanes of traffic and collided with an oncoming vehicle. Zurich denied an accidental death claim filed by … Source: Claims Journal
U.S. crash investigators faulted Tesla Inc.’s Autopilot system and the driver’s distraction by a mobile device for a fatal accident in 2018 and called on Apple Inc. and other mobile phone makers to do more to keep motorists’ attention on … Source: Claims Journal
NEW ORLEANS — A man was struck and killed by a Mardi Gras float during a raucous weekend street parade in New Orleans, becoming the second person in days killed along a parade route during this year’s Carnival season, authorities … Source: Claims Journal