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TransCanada suing U.S. for $15B over Keystone rejection

2016-06-27 16:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The company that proposed the Keystone XL pipeline is seeking $15 billion in damages from the federal government after the Obama administration rejected the Canada-to-Texas project, a company spokesman said Monday. TransCanada Inc. filed a request for arbitration Friday under the North American Trade Agreement, arguing that the State Department`s actions led the company to believe the project would win approval. President Barack Obama rejected a federal permit for the project in November, saying...

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Train conductor suing Union Pacific over foot injury

2016-04-18 20:07:04| Railroads - Topix.net

A train conductor is suing Union Pacific Railroad Co. arguing that the company's negligence and safety violations led to him being thrown from a rail car in a Cheyenne train yard and losing part of his foot.

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Try to settle before suing for insurance coverage 12:01 am Getting...

2016-04-16 02:25:38| Beverages - Topix.net

Risk managers have to carefully weigh their options when considering whether to sue insurers over a denial of coverage, as such lawsuits can be costly and result in an even bigger loss for their companies. "As a risk manager, I have to understand that the best risk management strategy is avoidance," said Ashraf Kilada, senior director of treasury risk management at PepsiCo Inc. in New York.

Tags: insurance getting coverage settle