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LG Polymers Gas Leak Visakhapatnam: Claims could run into crores in LG Polymers gas leak

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BENGALURU: Inside the LG Polymers gas leak, the place in any case 10 people have died and 1,000 plus hospitalized, the claims could run into crores, acknowledged insurance coverage protection sources. Nevertheless, even when claims ran extreme, your complete payout for the incident could be under Rs 10 crore and solely about Rs 25,000 per lack of life, as per present insurance coverage protection contracts – till courts overrule that and ask insurers to pay additional, acknowledged sources.
New India Assurance Co, is the lead underwriter for the Vizag-based agency’s public obligation insurance coverage protection (PLI), which is ready to compensate most individuals for deaths, accidents, and property harm. LG Polymers’ property is insured with New India with a lead share of 76%, adopted by private insurers HDFC Ergo, Future Generali, and Magma HDI Regular Insurance coverage protection each having a 24% share.

LG Polymers took this insurance coverage protection cowl as its compulsory for all industrial fashions in the chemical substances sector, following the Bhopal gas tragedy under the Public Obligation Insurance coverage protection Act, 1991. Sources acknowledged LG Polymers has taken an Any One Accident (AOA) limit of Rs 5 crore for its Vizag plant and a top-up of one different Rs 5 crore.

This suggests – the insurance coverage protection corporations shouldn’t be going to be liable to pay better than Rs 10 crore in full for your complete incident, regardless of the extent of deaths or property harm. 
Moreover as a result of the protection falls under the Public Obligation Insurance coverage protection Act, 1991 – insurance coverage protection corporations are liable to pay solely Rs 25,000 per lack of life; Rs 25,000 per particular person in case of eternal incapacity and Rs 12,500 for hospitalization and medical payments. For lack of wages ensuing from momentary partial incapacity there could be a month-to-month discount of Rs 1,000 month-to-month for Three months. And about Rs 6,000 for harm to private property of most individuals.

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“As soon as extra this is not an computerized payout. We ought to get a report from the district collector on deaths and accidents sooner than we start processing claims. If folks are unhappy with the declare payout they ought to technique courts,” acknowledged an official from New India.

Whereas the insurers’ obligation to pay is just Rs 25,000; that wouldn’t indicate the company’s obligation stops there and victims should file class-action suits, urge attorneys. Attorneys say even in the Bhopal gas tragedy, a greater compensation of Rs 1-2 lakh was given — “though that in itself might be poor and ample given the worth of residing.”

“Class-action suits are potential in India. Beneath order 1, rule 8- of the Civil Course of Court docket docket (CPC) 2 or 3 in a marketing consultant functionality can file for better compensations. See even in a freeway accident at the moment, courts have given compensation of Rs 1.8-2.5 crore for deaths. That’s calculated primarily based on the particular person’s incomes functionality; how it’d have progressively elevated via the years; their contribution to the family. And the family could even be compensated or psychological agony,” says Sanjay Singhvi, labor lawyer, Mumbai Extreme Court docket docket.

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The Group Non-public Accident cowl, taken by LG Polymers, is insured by a gaggle of insurance coverage protection corporations, along with New India Assurance, IFFCO Tokio Regular Insurance coverage protection. This will cowl lack of life and accidents to staff at LG Polymers. The declare amount, in this case, could run into crores.

Manvendra Chaudhary, with over 5 years of professional experience as CEO of Unique News and Megalent Marketing, shares insights on life, business, and health for your success.

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Prime Hydration Faces Lawsuits Claiming Its Sports Drink, Prime Energy, Contains PFAS and Excessive Caffeine

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Prime Hydration

Prime Energy, the sports drink from Prime Hydration, has been hit by a number of lawsuits for containing excessive amounts of caffeine and PFAS. Another lawsuit was filed on April 8 in the Southern District of New York, accusing Prime Hydration, the parent company which manufactures the sports drink, of engaging in misleading and deceptive practices.

Prime Hydration was founded by two Logan Paul and KSI in 2022, and the products became very popular thanks to the huge followings of the YouTubers. However, the company is now facing a slew of lawsuits over the ingredients in their energy and sports drinks.

New Lawsuit Against Prime Hydration

The latest lawsuit, filed on April 8, accuses the company’s 12-ounce energy drinks of containing 215-225 milligrams of caffeine, exceeding the permissible limit of 200 milligrams. The lawsuit was filed by Lara Vera, a resident of Poughkeepsie, New York.

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The lawsuit details that the plaintiff had purchased Prime’s Blue Raspberry products on numerous occasions in August 2022 for about $3 to $4 each, unaware that the products contained caffeine beyond the permissible limits. The plaintiff is seeking damages of $5 million from the company. Lara Vera’s lawsuit alleges that Prime advertised 200 milligrams of caffeine, which is equal to six Coke cans or two 12-ounce Red Bulls. One Red Bull can could contain 114 milligrams of caffeine.

Also Read: Johnson Controls subsidiary Tyco Fire Products to pay $750 mn to settle ‘forever chemicals’ lawsuit

The suit also alleges that there are no safe limits of caffeine for children and that caffeine has been indicted for causing tachycardia, headaches, convulsions, tremors, upset digestion, and adversely affecting mental health.

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Earlier, Senator Charles Schumer, D-N.Y., had asked the Food and Drug Administration (FDA) to investigate Prime energy drinks in 2023 after reports that the products contained high levels of caffeine. The Senator also accused the company of using vague marketing tactics focused on young people, influencing parents to buy the caffeine-laced drinks for their kids. The lawsuit by Vera also quotes the Senator’s call to the FDA.

Prime is also facing another lawsuit filed on Aug. 2, 2023, in the Northern District of California by the Milberg law firm on behalf of Elizabeth Castillo and others. The lawsuit charges Prime’s products with using flavors containing PFAS, or “forever chemicals.” Forever chemicals are a class of chemicals that are not degraded in the human body or nature and have been indicted as a carcinogenic substance. Independent third-party testing has confirmed that Prime Hydration grape flavor contained PFAS.

Also Read: California mother files lawsuit against Tesla after her 2-year-old child starts Model X and runs over her

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George T. Conway Net Worth 2024: How Much is the American Lawyer Worth?

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George T. Conway Net Worth 2024: How Much is the American Lawyer Worth?

Who is George T. Conway?

George T. Conway, also known as George Thomas Conway III, is a distinguished American lawyer and political activist. Born on September 2, 1963, in Boston, Massachusetts, Conway is renowned for his legal expertise and vocal opposition to former President Donald Trump’s administration.

George T. Conway Career

Conway’s legal career is illustrious, marked by significant contributions to various fields such as securities, mergers and acquisitions, contracts, and antitrust issues. He began his career as a law clerk at the US Court of Appeals and later joined prestigious law firms, including Wachtell, Lipton, Rosen, and Katz. Notable cases include representing Paula Jones in a trial against President Bill Clinton and securing a victory against the National Australia Bank. Furthermore, Conway has been actively involved in political activism, co-founding groups like Checks and Balances and the Lincoln Project, which oppose Trumpism and advocate for democratic principles.

George T. Conway Net Worth

As of 2024, according to Celebrity Net Worth, George T. Conway’s net worth is estimated to be approximately $39 million. His wealth primarily stems from his successful legal career, where he has handled high-stakes cases and served as a partner in prestigious law firms. Additionally, Conway’s involvement in political activism, public speaking engagements, and media appearances contribute to his financial status.

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George T. Conway Age

Born on September 2, 1963, George T. Conway is currently 60 years old as of 2024.

George T. Conway Family: Wife and Children

George T. Conway was previously married to Kellyanne Fitzpatrick Conway, a prominent political consultant and former White House counselor. The couple has four children: Claudia, Vanessa, Charlotte, and George Jr. Their marriage ended in separation in 2023.

George T. Conway Height and Weight

George T. Conway stands at 5 feet 7 inches tall and weighs around 84 kg. He possesses a charming personality with black hair and captivating black eyes.

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Also Read: Robert Kraft Net Worth 2024: How Much is the CEO of the New England Patriots Worth?

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Grindr, LGBTQ+ Dating App, Faces Lawsuit in UK Over Alleged Sharing of Users’ HIV Status

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Gay dating app Grindr has been slapped with a lawsuit instituted by hundreds of its users. The lawsuit alleges that the app shared private information, including the HIV status of users, with third parties without consent. Filed in London’s High Court, the lawsuit, according to Austen Hays from the law firm representing the plaintiffs, suggests that thousands of Grindr users in the United Kingdom may have been affected.

The law firm claims that Grindr shared highly sensitive user information with third parties for commercial purposes, including HIV status. Grindr, the largest dating app catering specifically to the LGBT community, is accused of sharing data with data analytics companies Apptimize and Locally.

The lawsuit further alleges that the app used covert tracking technology to gather sensitive information, which was then unlawfully shared with advertisers. With over 13 million monthly users and more than 924,000 users reported in the UK as of May 2023, Grindr boasts the highest engagement among dating apps, with users spending an average of six hours and 49 minutes on the app per month.

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A spokesman for the gay dating app stated that they would “respond vigorously to this claim, which appears to be based on a mischaracterization of practices from more than four years ago.”

The lawsuit, signed by more than 670 respondents, claims that the breach occurred between 2018 and 2020. It is anticipated that more people could join the case, potentially numbering in the thousands. If successful, plaintiffs could receive thousands of pounds in damages.

The managing director of the law firm representing the plaintiffs, Chaya Hanoomanjee, stated, “Grindr owes it to the LGBTQ+ community it serves to compensate those whose data has been compromised and have suffered distress as a result. The company must ensure all its users are safe while using the app, wherever they are, without fear that their data might be shared with third parties.”

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Grindr’s spokesperson reiterated the company’s commitment to protecting user data, asserting that they have robust processes in place that fully comply with data privacy regulations in the UK and elsewhere.

Also Read: Johnson Controls subsidiary Tyco Fire Products to pay $750 mn to settle ‘forever chemicals’ lawsuit

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