Posts by Y@DminG

PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work for the collapsed property giant China Evergrande Group. Hong Kong’s Accounting and Financial Reporting Council also imposed a six-month suspension … Source: Claims Journal

Ranger vehicles in the U.S. as damaged wires can create an electrical short and cause a fire in the A-pillar area, increasing the risk of injury or a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday. The … Source: Claims Journal

President Donald Trump’s administration on Wednesday moved to make it more difficult to hold companies liable when their contractors or franchisees violate federal wage laws. The U.S. Department of Labor unveiled a proposed rule that would narrow the circumstances in … Source: Claims Journal

Aggressive and distracted driving is increasingly being reported by motorists across the United States, creating a road environment that makes many feel is harder to predict, according to new research. A study from Nationwide surveyed personal auto drivers, parents of … Source: Claims Journal

It’s been called one of the most unusual medical malpractice cases and one that has raised questions for organ donors, organ recovery centers and their insurance carriers. Paula Denison, age 57, was taken to the emergency room at Anderson Regional … Source: Claims Journal

State Farm said that it paid out $5.6 billion nationally for such claims in 2025, and $1.4 billion in Texas alone. The giant insurer’s annual report of hail-related claims includes a list of the top 10 states based on payment … Source: Claims Journal

It took less than three minutes for wind-whipped flames to go from licking the side of the house to shattering a window and working under the eaves to burn everything inside. Weeks later, another house in the exact same spot … Source: Claims Journal

Britain should brace for a rise in cyberattacks linked to hostile states, the head of the country’s cybersecurity agency said on Wednesday, as the government urged tech firms to help build defenses powered by artificial intelligence. Richard Horne, chief executive … Source: Claims Journal

Microsoft must face a mass lawsuit alleging it overcharged thousands of British businesses to use Windows Server software on cloud computing services provided by Amazon, Google and Alibaba, a London tribunal ruled on Tuesday. Competition lawyer Maria Luisa Stasi is … Source: Claims Journal

The clause appears across commercial files of every kind. In construction claims, it carries particular weight. Most adjusters notice it, but few stop long enough to analyze it. That gap between noticing and analyzing is where the problem begins. It … Source: Claims Journal