West News PG&E’s Plan to Cap Fire Liabilities at $18 Billion Draws Ire September 10, 2019 California utility giant PG&E Corp. has issued its long-awaited plan for emerging from the largest utility bankruptcy in U.S. history:... Read More
Musk Deposed in Class-Action Lawsuit Over Tesla SolarCity Merger September 10, 2019 Tesla Inc. Chief Executive Officer Elon Musk said he was involved in some discussions about the $2.6 billion acquisition of... Read More
Delivery Drone Unveiled by a Startup Joins Air Race for Commerce September 10, 2019 By Alan Levin A startup hoping to challenge more established drone delivery giants such as Amazon.com Inc. is unveiling a pod-like craft that... Read More
West News California Dive Boat Owners Seek to Head Off Lawsuits After Tragic Fire September 10, 2019 By Brian Melley The owners of the dive boat where 34 people perished in a fire off Southern California filed a lawsuit Thursday... Read More
Purdue Fails in Bid to Nix Public Nuisance Claim Over Opioids September 10, 2019 By Jonathan Stempel The U.S. judge overseeing nationwide litigation concerning the opioid crisis on Monday rejected Purdue Pharma LP’s effort to dismiss claims... Read More
International News Hurricane Dorian Insured Losses in Bahamas Could Hit $6.5 Billion: RMS September 10, 2019 Insured losses in the Caribbean from Hurricane Dorian is estimated at $3.5 billion to $6.5 billion, according to RMS, the... Read More
Catastrophe Scenarios Highlight Need to Better Understand Cyber Risk September 10, 2019 As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report... Read More
Vaping Lung Illness May Be Linked to Cannabis Product, Say Health Officials September 10, 2019 By Anna Edney Severe, mysterious lung illnesses that have struck more than 200 people around the country may be tied to an ingredient... Read More
Tesla Insurance Will Seek to Use Driver Video, GPS Data September 10, 2019 By Tina Bellon Tesla Inc.’s use of individual customer data, such as vehicle camera footage and GPS, to price its new insurance products... Read More
Texas / South Central News Hackers Net $4.2M in Cyber Theft from Oklahoma Pension Fund September 10, 2019 OKLAHOMA CITY — The FBI is investigating after computer hackers managed to steal about $4.2 million in funds from a... Read More