liability News

Court Says Insurance Doesn’t Cover Attacker in School Fight

DOVER, Del. — Delaware’s Supreme Court has overturned a judge’s ruling that an insurance company must extend liability coverage to a teenager who was convicted of criminally negligent homicide after a school bathroom attack that left a 16-year-old girl dead. …

California’s Gov. Newsom Had ‘Baptism by Fire’ in 1st Year

SACRAMENTO, Calif. — During his inaugural address last January, California Gov. Gavin Newsom made only a passing reference to wildfires and never mentioned the state’s largest utility, Pacific Gas & Electric. Both soon became inescapable topics. PG&E filed for bankruptcy …

In a High-Stakes Labor Showdown, McDonald’s Has Allies in the White House

In a television commercial that’s become part of the lore surrounding Donald Trump’s affinity for McDonald’s Corp., he embraced a purple, lumpy denizen of the fast-food chain’s “McDonaldland” and said, “Together, Grimace, we could own this town.” He was talking …

PG&E Is Dubious of Fire Victim’s Claim for a 500-Pound Emerald

PG&E Corp. says it has found suspicious monetary claims by victims of California’s wildfires, including one from a man who says a 500-pound (227-kilogram) emerald worth $280 million was destroyed at his home a year ago in the most destructive …

PG&E Sees Up to $6.3 Billion in Costs From Fires, Bankruptcy

PG&E Corp., the California, that went bankrupt in January after its equipment sparked deadly wildfires, expects as much as $6.3 billion in after-tax costs from the blazes, its Chapter 11 case and the recent blackouts. The troubled power giant reported …

California Wine Country Fire Began Near Damaged PG&E Tower, 2,000 Flee

GEYSERVILLE, Calif. — A wind-driven wildfire that forced some 2,000 people to flee homes in Northern California’s wine country on Thursday erupted near the base of a damaged high-voltage transmission tower owned by Pacific Gas and Electric Co, utility and …

Cutting California’s Power Is Job Nobody Wants Ahead of Blackouts

California’s governor is sparring with the state’s largest utility over who decides when to cut the power. It’s a no-win situation: As hot, dry winds sweep across the state, switching off the electricity is seen as a needed measure to …

J&J to Pay $117 Million in Nationwide Pact Over Vaginal Mesh

Johnson & Johnson agreed to pay $117 million to settle 41 states’ claims that it misrepresented the risks of vaginal-mesh products used to bolster sagging organs and treat incontinence in women. A group of state attorneys general argued after an …

PG&E Took 8 Months to Prune a Tree at Risk of Catching Fire

It was on July 12 — only after an inspector raised the alarm — that PG&E Corp. finally pruned a tree in a fire-prone area. Its leaves had already been singed as wind gusts blew them into a power line …

Teva’s Budding Blockbuster Drugs Lend Respite From Legal Concerns

Teva Pharmaceutical Industries Ltd. is preparing for a potential reckoning with the U.S. epidemic of opioid addiction. The drugmaker’s shares tumbled after it set aside $646 million to help pay legal expenses related to its alleged role in the abuse …