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Appeals Court Revives Boeing 737 MAX Shareholder Lawsuit

A U.S. appeals court on Friday revived a pension plan’s 2019 shareholder lawsuit against Boeing Co officers and directors alleging they had made false public statements about the 737 Max. The plane was involved in two crashes that killed 346 …

Natural Disasters Cost Insurers $120B in 2021. Munich Re Points to Climate Change Link.

Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured, according to a report from Munich Re, which noted that U.S. natural catastrophes represented an exceptionally high proportion of the …

Illinois AG Sues Mine Over Use of Toxic Foam to Control Fire

The Illinois attorney general is accusing a coal mine operator of polluting the area with toxic foam to try to stop an underground fire. “Exposure to such chemicals can cause long-lasting damage to the environment and poses a serious risk …

Louisiana Car Dealer to Pay $100K Disability Discrimination Settlement

Hollingsworth Richards, LLC, a Louisiana car dealer doing business as Honda of Covington, has agreed to pay a former sales representative $100,000 to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission. Hollingsworth Richards operates vehicle …

UK Orders Housebuilders to Pay $5B to Help Remove Dangerous, Flammable Cladding

Britain has ordered housebuilders to pay around $5.4 billion to help remove dangerous cladding from buildings following a deadly 2017 London fire that left government, developers and owners at loggerheads over how to make properties safe. The blaze at Grenfell …

China’s Anti-Graft Watchdog Probes Chairman of China Life Insurance

SHANGHAI – China’s Central Commission for Discipline Inspection (CCDI) has placed Wang Bin, the chairman of China Life Insurance Co. Ltd., under investigation, the bureau said on Saturday. Wang is “suspected of serious violations of discipline and law, and is …

In Bad-Faith Claims, Florida Appeals Court Scores One for Insurer, One Against

Remember George Costanza’s trick in “Seinfeld,” the 1990s TV sitcom? When he couldn’t (or didn’t want to) pay his rent or other expense he would conveniently “forget” to sign the check, buying himself a little more time. In a South …

Suburban Chicago House Fire Kills Three

A wind-driven house fire killed three members of a suburban Chicago family, including a 91-year-old woman, and left fourth person hospitalized, authorities said. River Grove Fire Chief Sean Flynn said Wednesday morning’s fire began in a garage and spread to …

Paper Mill to Pay Nearly $250K for Michigan Fish Kill

A paper mill in Michigan’s Upper Peninsula has agreed to pay nearly $250,000 to settle an investigation of a fish kill in the Escanaba River, state regulators said. A “catastrophic pipe failure” at the Verso Corp. site in Escanaba resulted …

Cause Unknown For Nebraska Plane Crash That Killed Three

The preliminary report on a plane crash that killed three people in northwest Nebraska in November doesn’t identify the cause of the crash. The National Transportation Safety Board said in a report released Wednesday that the plane’s takeoff appeared normal …

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