News
HONOLULU — Hawaii lawmakers have proposed initiatives to help reduce the number of traffic-related fatalities after transportation officials confirmed more than 100 deaths in the last year. Those initiatives include installing traffic cameras to capture drivers running red lights and … Source: Claims Journal
HOUSTON — A massive explosion Friday leveled a warehouse in Houston, killing two workers, damaging nearby buildings and homes and rousing frightened residents from their sleep miles away, authorities said. The explosion happened about 4:30 a.m. inside a building at … Source: Claims Journal
McKesson Corp.’s board reached a $175 million settlement with investors who claimed directors failed to maintain adequate internal systems for spotting suspicious opioid shipments, as the U.S.’s largest drug distributor continues to grapple with claims it helped fuel a public-health … Source: Claims Journal
Travelers Companies Inc has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse claims, the insurer’s finance chief, Daniel Frey, told analysts during an earnings call on Thursday. Two analysts asked about Travelers’ … Source: Claims Journal
A satellite operated by AT&T Inc.’s DirecTV unit is in danger of exploding and needs to be moved away from an orbital zone occupied by other big communications satellites. There’s “a significant risk” that battery cells aboard Spaceway-1 could burst, … Source: Claims Journal
Attorneys general from nine states urged a federal judge to toss out Google’s $13 million settlement of a class-action lawsuit blaming its Street View mapping technology for a massive violation of consumer privacy. The proposed accord in a debacle that … Source: Claims Journal
Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate insurance. Parametric insurance solutions offer a means to guarantee direct payout after a qualifying event and protect against unpredictable but … Source: Claims Journal
Travelers Companies Inc. has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse claims, the insurer’s finance chief, Daniel Frey, told analysts during an earnings call on Thursday. Two analysts asked about Travelers’ … Source: Claims Journal
It’s called bend-and-stretch, a sequence of exercises that all Mortenson and Scull construction crews participate in before starting their day working on the Rushmore Plaza Civic Center arena project. “It is how we start our day, every single day,” Max … Source: Claims Journal
An insurer cannot ignore a $4,869.99 bill for a tube of compounded pain cream on the grounds that the medication is unnecessary without first filing a utilization review petition, a Pennsylvania appellate court ruled. The decision Thursday by the Commonwealth … Source: Claims Journal