Archive for July 2025

California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order to show cause against the FAIR … Source: Claims Journal

Tesla launched a ride-hailing service in the San Francisco Bay Area on Thursday, without indicating whether it would be using self-driving vehicles that power its Austin, Texas operations. California has not permitted Tesla to offer robotaxi service, and the limited … Source: Claims Journal

BHP and Vale are facing a London lawsuit from the law firm representing hundreds of thousands of people over Brazil’s worst environmental disaster, alleging the companies sought to cheat the firm out of legal fees by procuring settlements. BHP said … Source: Claims Journal

New York City commuters are bracing for potential flooding from heavy rain Thursday evening, just hours after an unrelated power outage snarled the morning rush hour. The Metropolitan Transportation Authority suspended service on multiple lines as crews investigated a loss … Source: Claims Journal

California Gov. Gavin Newsom is circulating a legislative proposal to shore up a state fund for utilities that’s at risk of being depleted following the deadly wildfires that struck Los Angeles County in January. The plan would channel an additional … Source: Claims Journal

Data analytics firm Verisk said on Wednesday it will buy AccuLynx, which makes software for roofing contractors, for $2.35 billion as it looks for a bigger foothold in a key segment of the residential insurance market. The all-cash deal could … Source: Claims Journal

Voda Cleaning & Restoration named Sae Lee chief financial officer and chief strategy officer. In the dual role, Lee will oversee Voda’s financial operations, capital strategy, and long-term business planning, while also driving corporate development efforts that include strategic partnerships, … Source: Claims Journal

Zillow was sued on Wednesday by Homes.com owner CoStar Group, which accused the largest U.S. online real estate portal of publishing at least 46,979 copyrighted photos without permission. The complaint filed in Manhattan federal court seeks unspecified compensatory and punitive … Source: Claims Journal

The Fermi National Accelerator Laboratory, one of the Department of Energy’s 17 national labs, was attacked by hackers as part of a recent campaign seeking to exploit flaws in Microsoft Corp.’s SharePoint software. “Attackers did attempt to access Fermilab’s SharePoint … Source: Claims Journal

Cotality estimates that the recent Central Texas flash floods caused $1.1 billion in damage to residential buildings, with the National Flood Insurance Program providing as much as $135 million in insurance recoveries to home and business owners across the impacted … Source: Claims Journal