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Yellen Sees Insurance Payouts Helping Fund New Baltimore Bridge Treasury Secretary Janet Yellen said she expects insurers’ payouts to help cover some of the costs of rebuilding the Baltimore bridge that collapsed earlier this week. “My expectation would be that, ultimately, there’ll be insurance payments in part to cover …
POSTED MARCH 28, 2024 2:14 PM |
Berkeley to Halt Ban on Natural Gas Piping in New Buildings The city of Berkeley, California, has agreed to halt enforcement of a ban on natural gas piping in new homes and buildings that was successfully opposed in court by the California Restaurant Association, the organization said. The settlement follows the …
POSTED MARCH 28, 2024 2:11 PM |
UK Court Rules That $10 Billion Jet Dispute Should Be Heard in London, Not Moscow A $10 billion battle between reinsurers and aircraft leasing companies seeking payouts for more than 200 jets stuck in Russia should be heard in London rather than Moscow, London’s High Court ruled on Thursday. Aircraft lessors, including Ireland’s AerCap and …
POSTED MARCH 28, 2024 12:53 PM |
Boston Settles Wrongful Death Suit Over Police Shooting of Mentally Ill Man for $4.6M The city of Boston will pay about $4.6 million to settle a wrongful death lawsuit stemming from the police killing of a mentally ill man in 2016. The mother of Terrence Coleman, 31, filed the federal lawsuit six years ago. …
POSTED MARCH 28, 2024 12:11 PM |
Automated Braking Would Not Have Prevented Pennsylvania Train Crash The collision of three Norfolk Southern trains in Pennsylvania early this month highlights the shortcomings of the automated braking system that was created to prevent such crashes. None of the circumstances the National Transportation Safety Board described Tuesday in its …
POSTED MARCH 28, 2024 12:03 PM |
FBI: Murdaugh Lied About Where Stolen Money Went and Who Helped Him Steal Convicted killer Alex Murdaugh didn’t tell the truth when FBI agents repeatedly asked him where more than $6 million he stole ended up and whether another attorney not yet identified helped him steal from clients and his law firm, federal …
POSTED MARCH 28, 2024 11:51 AM |
Biden’s Biofuel Push Risks Dethroning Corn as King of US Crops American farmers will plant more corn than soybeans in 2024 — as they have in most years for over a century. But beyond that, a green diesel boom threatens to dethrone the king of all crops. President Joe Biden’s decarbonization …
POSTED MARCH 28, 2024 11:00 AM |
Baltimore Bridge May Trigger Historic Marine Loss, Lloyd’s of London Says Insurance payouts for Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd’s of London Chief Executive Officer John Neal. “This has the potential to be one of …
POSTED MARCH 28, 2024 10:07 AM |
Wisconsin Supreme Court: Amazon Drivers Can Be Declared Employees MADISON, Wis. (AP) — The Wisconsin Supreme Court on Tuesday let stand a lower court ruling that declared some delivery drivers for Amazon were employees as the state argued, not independent contractors as the online retail giant contended. The court, …
POSTED MARCH 28, 2024 10:00 AM |
Louisiana Insurance Producer Arrested for Fraud, Theft A Baton Rouge, Louisiana insurance producer was arrested for insurance fraud and theft, the Louisiana State Police announced this week. The Louisiana State Police Insurance Fraud/Auto Theft Unit Baton Rouge Field Office began receiving information from the Louisiana Department of …
POSTED MARCH 28, 2024 9:00 AM |
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