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Illinois Court Slashes Jury Award by $15M in Medical Malpractice Case

An Illinois jury’s medical malpractice award has been slashed by $15 million because the injured woman died the day before the 2015 trial verdict. The Chicago Daily Law Bulletin reports Illinois’ 1st District Appellate Court reduced the award from $22 …

New Mexico Appeals Court Upholds Ruling in $165M Suit Against FedEx

The New Mexico Court of Appeals has upheld the ruling in a $165 million lawsuit against FedEx filed after a deadly accident involving a contracted FedEx truck. Las Cruces Sun-News reports the 2011 crash west of Las Cruces killed three …

Minot, North Dakota, Homeowners Blame Inspector Negligence on City

Some Minot, N.D., homeowners are expressing difficulty selling property after discovering city building inspectors failed to identify flawed construction before issuing certificates of occupancy. Then, they discovered the city might not be liable. Resident Jon Newman tells the Minot Daily …

Proposed Hawaii Bill Calls for Insurers to Cover Air Ambulance Rides to Mainland

A proposed law in the state legislature would require insurance companies to cover air ambulance rides to the mainland for critical procedures not offered in Hawaii. The measure would take the burden off families that are put in tough situations …

Fire Destroys Classic Cars, Business in Kansas

The owner of a Topeka-area auto body and restoration shop says it was “brutal” watching his business burn, knowing that six classic cars inside the building were destroyed. High Torque Racing Auto Body and Paint in Meriden was destroyed in …

State Forestry: New Mexico Could See Worst Fire Season in Decade

New Mexico State Forestry officials say they already are anticipating an aggressive fire season, as 70 percent of the state is facing severe drought. KRQE-TV reports Forestry Division Official Greg Hesch says conditions are very dry and the agency already …

Trump Administration Plans Autonomous Vehicles Regulatory Summit

Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, the U.S. Transportation Department said on Friday. Last month, Transportation Secretary Elaine …

How States Differ in Effect of Obesity on Health Care Costs

The prevalence of obesity has risen dramatically in the U.S., but there has been little information about the economic impact of this trend for individual states. Recent research by John Cawley, professor of policy analysis and management at Cornell University, …

Why Tax Cuts May Curb Insurers’ Municipal Bonds Appetite

Put on the Taylor Swift and pull out the Ben & Jerry’s ice cream: The municipal-bond market’s long relationship with property and casualty insurance companies may be breaking up. That’s because last year’s tax overhaul slashed corporate rates to 21 …

Takata U.S. Deal With Drivers, Creditors Clears Way to Sell Operations

Takata Corp.’s U.S. unit reached a settlement with its creditors, lawyers for those injured by its deadly air bags and automakers that smoothes the way to end its Chapter 11 bankruptcy and sell its viable operations, according to court papers. …

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