October 16, 2019
At first blush, it appears all is well within the hospital and physician professional liability market: For claims costing less than $2 million, severity is projected to increase 2% and frequency is expected to be flat, according to an analysis …
October 16, 2019
SEOUL — Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars …
October 16, 2019
Weeks after a Lion Air jet crashed in the Java Sea, killing all 189 aboard, an airline employee gave investigators photographs meant to show that a crucial repair had been properly performed the day before the disaster. Yet the pictures …
October 15, 2019
CEDAR RAPIDS, Iowa — Time is running out on Ellis Harbor as erosion buckles infrastructure and creates safety hazards, residents of the out-of-the-way refuge on the Cedar River say. And while the city has invested, they say, it has put …
October 15, 2019
NEW YORK — Cash-strapped WeWork, the office-sharing company that is trying to negotiate a financial lifeline, has a new problem that may prove costly. It has closed about 2,300 phone booths at some of its 223 sites in the United …
October 15, 2019
LOS ANGELES — California Governor Gavin Newsom said on Monday that utility Pacific Gas and Electric Co should be held accountable for mismanaging last week’s widespread power shutoffs and urged the company to provide credits or rebates to affected customers. …
October 15, 2019
For Moody’s Investors Service, it’s no longer enough for cities to have plans addressing their risks from climate change. The company’s municipal-bond analysts, armed with data, will soon determine how those strategies compare with others — and may change their …
October 15, 2019
Johnson & Johnson won’t set aside any legal reserves for the more than 100,000 lawsuits it faces across its portfolio of drugs, consumer products and medical devices, saying it expects to fight and win many of the claims. The company …
October 15, 2019
California utility giant Edison International has sent state regulators a report on a deadly wildfire that broke out last week on the edge of Los Angeles, signaling that the company’s equipment may have been somehow involved in the blaze. Southern …
October 15, 2019
A claims adjuster’s comments about “homeys” and “you people” when talking to a South Chicago property owner were enough to merit further proceedings on a discrimination claim against State Farm Fire & Casualty Co. However, several counts that alleged a …