Monthly Archives: <span>June 2019</span>

Rain-hit Cricket World Cup May Cost Insurers Millions

LONDON — Lost revenues from a record number of rain-hit cricket World Cup games in England and Wales may result in insurance claims of a few million pounds for each abandoned fixture, insurance sources say. Broadcasters, organisers, venues, advertising sponsors …

Pilots, Attendants to Get Their Turn at Boeing 737 Max Hearing

Pilots and flight attendants, who have been critical of Boeing Co.’s handling of the beleaguered 737 Max, will air their concerns Wednesday with lawmakers probing actions by the company and its regulators in the run-up to two fatal crashes. Leaders …

How Hackers Can Take Over Your Car’s GPS

An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker’s latest Autopilot technology, sending the vehicle off its intended route. Regulus Cyber said it used commercially available hardware and …

PG&E Reaches $1 Billion Wildfire Settlement With Local Agencies

PG&E Corp., the California utility giant that went bankrupt five months ago amid crippling wildfire liabilities, has reached a $1 billion settlement with local government agencies that were harmed by blazes its equipment ignited. The deal between PG&E and 14 …

Sidewalk Defects Liability: In Most States, Size Matters

Insurance claim files are overflowing with losses involving individuals injured when they trip and fall over cracked, broken, or uneven municipal sidewalks. In many cases, the injury is a direct result of a municipality failing to institute and/or conscientiously follow …

OSHA Fines Maine Roofing Firm $1.8 Million for Worker’s Death from Fall

The federal government says the owner of a Maine home improvement company must pay nearly $1.8 million in penalties for safety violations following the death of an employee. The federal Occupational Safety and Health Administration says the worker, 30-year-old Alan …

Senator Urges FAA Mandate Data Recorders in Helicopters

The Senate’s top Democrat called on the Federal Aviation Administration Sunday to heed warnings from federal safety investigators and require all helicopters be equipped with flight data recorders, commonly known as a “black box.” Sen. Charles Schumer’s call for action …

Kentucky Supreme Court Voids Liability Waiver in Trampoline Park Injury Case

Kentucky’s Supreme Court has ruled that a damage waiver signed by a parent at a trampoline park does not protect the park from liability in the case of an injured child. The Courier Journal reported that the court reached a …

Chicago Eyes Overhaul of City’s Workers’ Compensation Program with Help from Gallagher

Chicago Mayor Lori E. Lightfoot said the city will partner with Gallagher Bassett, a public sector claims administrator, as well as Gallagher Global Brokerage Risk Program Administrators, to overhaul the city’s workers’ compensation program after an independent audit found system …

Court Nixes Insurers’ $65 Million Payment Linked to Stanford Ponzi Scheme

A federal appeals court on Monday threw out a settlement requiring insurers to pay $65 million to a court-appointed receiver for companies once run by Allen Stanford, the Texas financier serving a 110-year prison term for running a large Ponzi …