Archive for June 2025

Iran-affiliated hackers remain a potential threat to critical sectors of the US economy, including defense contractors and other American organizations, according to a bulletin published Monday from the FBI, the National Security Agency, the Cybersecurity and Infrastructure Security Agency and … Source: Claims Journal

Iran-affiliated hackers remain a potential threat to critical sectors of the US economy, including defense contractors and other American organizations, according to a bulletin published Monday from the FBI, the National Security Agency, the Cybersecurity and Infrastructure Security Agency and … Source: Claims Journal

The U.S. Supreme Court agreed on Monday to decide a copyright dispute between Cox Communications and a group of music labels following a judicial decision that threw out a $1 billion jury verdict against the internet service provider over alleged … Source: Claims Journal

One of the most successful hedge fund strategies of recent years is latching on to an old idea whose popularity is suddenly soaring. Source: Claims Journal

General Motors persuaded a federal appeals court on Friday to decertify a class action seeking to hold the automaker liable for knowingly selling about 800,000 cars, trucks and SUVs with faulty transmissions. In a 9-7 vote, the 6th U.S. Circuit … Source: Claims Journal

The Los Angeles wildfires have generated potentially thousands of new clients for lawyers and prospects for billions in fees. Wall Street wants in on the action, too. The chance at a piece of strong returns has encouraged investment banks, hedge … Source: Claims Journal

Global payments processors Visa and Mastercard’s default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in the latest round of the long-running legal saga. London’s Competition Appeal Tribunal unanimously ruled that … Source: Claims Journal

Tesla failed to persuade a federal judge to end a lawsuit over the death of a woman struck after an Autopilot-equipped Model S ran off the road in Key Largo, Florida, paving the way for a possible trial next month. … Source: Claims Journal

The full impact of the tariff increases on auto parts is still not completely clear, but we are starting to see the impact—and we can put some numbers to it all. To track the inflationary trends over time and compare … Source: Claims Journal

Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the amount paid in 2023, according to the Insurance Information Institute (Triple-I). The tally was $1.04 billion in 2024 compared to … Source: Claims Journal