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

Bus Video Shows Oklahoma Principal Used Phone During Texas Crash, Attorney Says

An attorney said video will show that an Oklahoma elementary school principal was using his cellphone when he crashed a bus filled with students in Texas, injuring 27 passengers — a charge the principal has denied. David L. Smith, an …

January’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon

Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according to Aon’s Global Catastrophe Recap – January 2019. The report listed the winter storm events in the U.S. during the …

Firefighters Endangered During California Blaze, New Report Shows

Poor communication, short staffing and infighting among agencies may have endangered firefighters who nearly died during the massive Mendocino Complex of wildfires in Northern California, according to a new report released. The Los Angeles Times reported that staff from three …

Jury Awards $123M to Victims in Washington Duck Boat Crash

A Washington jury has awarded about $123 million to the victims and families of a 2015 duck boat crash that killed five college students and injured more than 60 others in Seattle. After a four-month civil trial, King County Superior …

$6.1M for Motorcyclist Who Crashed after Hitting Pothole

Los Angeles will pay $6.1 million to a motorcyclist who hit potholes and crashed, leaving him with a serious brain injury. The Los Angeles Times reported the City Council voted the money for the settlement last week. Philip Ramon Alvarez …

Using Hands-Free Devices While Driving Not So Risky: Research

New research suggests that drivers who use hands-free electronic devices, as opposed to handheld ones, are not increasing their risk of getting into a crash. According to the research from Virginia Tech Transportation Institute (VTTI), with hands-free technology, drivers can …

Another California Utility One Wildfire Away From Ruin

The warning couldn’t have been clearer. As PG&E Corp. plunged into bankruptcy last month, S&P Global Ratings slashed credit grades almost to junk status for California’s two other big electric utilities, owned by Sempra Energy and Edison International, and said …

Sanctions Against Sudan Are Lifted but Insurers Still Can’t Buy Overseas Reinsurance

Sixteen months after the United States lifted most sanctions on Sudan, businesses are unable to operate dollar transactions, insurance companies are cut off from the reinsurance market and the local airline is virtually grounded for lack of spare parts. The …

Quadriga’s Frozen Cryptocurrencies Highlight Canada’s Regulatory Vacuum

Canada’s biggest securities regulator said on Friday that it was looking into Quadriga CX, as concerns grow that a regulatory gap leaves investors in the digital platform unprotected against potential losses. The statement comes a day after British Columbia Securities …

Bill Would End Federal Criminal Penalties for Marijuana

Oregon Sen. Ron Wyden proposed legislation Friday that would give states a free hand to allow legal cannabis markets without the threat of federal criminal intervention, the latest push in Congress to bolster the nation’s burgeoning pot industry. The proposal, …