Posts by Y@DminG

The Restoration Industry Association named Jeff Moore as the group’s new president. Moore, who is president and chief acquisitions officer of ATI Restoration, will serve as RIA president for a term running from 2025 to 2027. As the group’s president, … Source: Claims Journal

Federal prosecutors have charged seven California men in connection with a $100 million robbery of a Brink’s truck, calling it the largest jewelry heist in US history. The theft occurred in July 2022, when gold, diamonds, rubies, emeralds and luxury … Source: Claims Journal

Two executives were sentenced to federal prison for conspiring to defraud the United States and for failing to report information about defective dehumidifiers linked to multiple fires. According to the U.S. Department of Justice, this was the first criminal enforcement … Source: Claims Journal

Amazon is gearing up to make as many as 10,000 robotaxis annually at a sprawling plant near Silicon Valley as it prepares to challenge self-driving cab leader Waymo. Tesla CEO Elon Musk is also vying to join the autonomous race. … Source: Claims Journal

Honda Motor-backed Helm.ai on Thursday unveiled its camera-based system to interpret urban environments, dubbed Helm.ai Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles. Helm.ai is working with the Japanese automaker … Source: Claims Journal

Rio Tinto, agreed to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia. A … Source: Claims Journal

The quarter brought devastating wildfires to California, wind and hail events to Texas, and substantial increases in activity to “Tornado Alley,” but claim volume fell to a five-year low. Source: Claims Journal

California utilities are mulling power shutdowns as breezy dry conditions across the state raise the risk of wildfires. Pacific Gas & Electric Corp. may turn off power to at least 11,543 customers in 15 counties, according to its website. Southern … Source: Claims Journal

Former NBA player Shaquille O’Neal will pay $1.8 million to settle a class action lawsuit related to the demise of cryptocurrency exchange FTX. O’Neal, and other celebrities like Tom Brady and Stephen Curry, were named in the lawsuit in 2022. … Source: Claims Journal

Waymo will expand into more areas of the San Francisco peninsula and parts of Silicon Valley, as the sole commercial robotaxi operator in the U.S. seeks to scale up operations, the Alphabet unit said on Tuesday. The self-driving technology firm … Source: Claims Journal