Monthly Archives: <span>March 2023</span>

Russian Airlines and Insurers Proposed Stranded Jet Settlements, AerCap Says

Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements for planes stranded after the Ukraine invasion but that it was unclear if any deal could be reached. Western sanctions …

Sotheby’s Defeats Most of Russian Billionaire’s Fraud Suit

Sotheby’s won dismissal of most claims by a Russian billionaire who accused the auction house of helping to defraud him in the purchase of a world-class art collection featuring works by Pablo Picasso, Auguste Rodin, and Henri Matisse. But Sotheby’s …

Train Derailment Probe Finds Melted Covers on Valves on 3 Cars With Chemicals

The investigation into the Ohio train derailment has found that aluminum parts on three tank cars may have melted and caused pressure relief devices not to function, contributing to the release of toxic chemicals last month, the National Transportation Safety …

Cardinal Health, McKesson Prevail in Georgia Families’ Opioid Trial

Drug distributors Cardinal Health Inc., McKesson Corp. and JM Smith Corp. on Wednesday prevailed at trial in Georgia in a case brought by families of opioid addicts accusing the companies of acting as drug dealers. A jury in Glynn County …

Claims People: Great American, Mitchell Sandler, CAC Specialty

Great American Appoints Claims VP for Pomi Great American Insurance Group appointed Steve Milano as divisional vice president of claims at its Accident & Health Division, which has the brand name Pomi. Mikano will lead all aspects of claims within …

New York City Agrees to $6M Settlement Over Police Response to George Floyd Protests

About 320 people arrested during a George Floyd protest in the Bronx on June 4, 2020, and who claim the police used excessive force and violated their civil rights, will each receive about $21,500 under a settlement proposal agreed to …

Push to Require Clergy to Report Abuse Stalls in Mormon Utah

SALT LAKE CITY (AP) – Lindsey Lundholm looked out over hundreds of people at the Utah State Capitol last year and felt a deep sense of healing. Abuse survivors, religious leaders and major party politicians were all gathered to rally …

Insurer Faces Class Action for Depreciating Labor in Actual Cash Value Payments

Two Trumbull Insurance customers who believe they were short-changed on claims payments have filed a proposed class action suit against the insurer, alleging Trumbull has been incorrectly calculating some property claim payments by deducting labor depreciation. The complaint (Grawe v …

Shipping Companies Reach $97M California Oil Spill Agreement

SANTA ANA, Calif. (AP) — Shipping companies will pay nearly $97 million to settle a lawsuit with a pipeline operator over a 2021 oil spill off the coast of Southern California, the pipeline company said Wednesday. Amplify Energy, the Houston-based …

To the Rooftops: Staggering Snowfall in California Mountains

LOS ANGELES (AP) — California’s latest winter storm was tapering off early Wednesday, but dangerous conditions persisted, including widespread freezing as skies cleared in the north. In the Sierra Nevada in Northern California, where blizzard warnings were issued overnight and …