The Louisiana Supreme Court has joined state high courts across the nation in rejecting a policyholder’s business-interruption claim for income lost because of government restrictions imposed to slow the spread of COVID-19. The high court on Friday reversed the Louisiana …
Norfolk Southern Corp. shareholders have accused the railroad of defrauding them by prioritizing profit over safety prior to last month’s derailment of a train carrying hazardous chemicals in East Palestine, Ohio. In a lawsuit filed on Thursday in Columbus, Ohio, …
LONDON/DETROIT — For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from …
LITTLE ROCK, Ark. (AP) — During last month’s deadly crash of a small plane near Little Rock, there were “changing/deteriorating weather conditions from the time of taxi, takeoff, and the accident,” according to a preliminary report Friday from the National …
ANACORTES, Wash. (AP) — Two BNSF trains derailed in separate incidents in Arizona and Washington state on Thursday, with the latter spilling diesel fuel on tribal land along Puget Sound. No injuries were reported. It wasn’t clear what caused either …
QUITO, Ecuador (AP) — A strong earthquake shook southern Ecuador and northern Peru on Saturday, killing at least a dozen people, trapping others under rubble, and sending rescue teams out into streets littered with debris and fallen power lines. The …
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB Financial Group, along with its CEO and its chief financial officer, were targeted this week in a class action lawsuit …
MADRID (AP) — Spain has officially entered a period of long-term drought, owing to high temperatures and low rainfall over the past three years, and likely faces another year of heatwaves and forest fires. The country’s Aemet weather agency said …
Consolidation of physician services into larger groups owned by hospitals and health care systems is driving up the cost of care in workers’ compensation, according to a new study by the Workers’ Compensation Research Institute. “Medical markets are increasingly concentrated,” …
An act of physical abuse is not excluded by an abuse and molestation exclusion in a homeowners insurance policy unless the act involves “an imbalance or misuse of power in addition to being physically harmful,” the Massachusetts Supreme Judicial Court …