Posts by Y@DminG
Asahi Sales Drop Worsens as Cyber Hack Disruption Lingers
Asahi Group Holdings Ltd.’s November beer and other alcohol sales in Japan fell more than the previous month, underscoring the challenges the company faces in recovering from a cyberattack that crippled production and distribution. Asahi said on Wednesday monthly alcohol … Source: Claims Journal
Read MoreVerlan Files Subro Suit Against Georgia Chemical Plant After $20M Payout on Fire
About 5 a.m. on Sept. 29, 2024, an employee at the Bio-Lab chemical warehouse outside Atlanta heard a popping sound, a tell-tale sign that stored chemicals had come in contact with water and were reacting. Within 90 minutes, the huge … Source: Claims Journal
Read MoreFord to Use Renault Tech, Plants to Battle Cheap Chinese EVs in Europe
Renault will jointly develop small, cheaper electric vehicles for Ford for the European market and will also team up to produce commercial vans to cut costs and fend off rising competition from Chinese rivals, the companies said on Tuesday. “We … Source: Claims Journal
Read MoreSimplifai Names Hamill and Lien to Board
Simplifai named Nils Thomas Lien and Noel Hamill to its board of directors. The company says the additions are intended to help guide Simplifai’s progression from an insurtech to an agentic artificial intelligence provider. Lien is an investor and board … Source: Claims Journal
Read MoreHendrix Classic Albums Under Spotlight in UK Rights Battle With Sony
Jimi Hendrix’s classic 1960s albums are the focus of a London lawsuit over performers’ rights asserted on behalf of his British bassist and drummer against Sony Music Entertainment, which warns that a win for the claimants could “throw the music … Source: Claims Journal
Read MoreCalifornia Again Delays Wildfire Protection Rules for Homes
A California state agency won’t meet Gov. Gavin Newsom’s year-end deadline to finish long-delayed regulations to protect homes from wildfires, rules that experts say could have limited the destruction of the January Los Angeles firestorms. At a meeting of the … Source: Claims Journal
Read MoreTrump Administration Waives $16.7M in Fines for American Airlines Over Wheelchair Issues
The U.S. Transportation Department said Tuesday it will waive $16.7 million in fines issued to American Airlines under then President Joe Biden in 2024 as part of a settlement over the air carrier’s treatment of disabled passengers, including failing to … Source: Claims Journal
Read MoreArchdiocese of New York Pledges $300M to Mediate Clergy Sex Abuse Claims
The Archdiocese of New York announced it is establishing a $300 million fund that it intends to use to pay for a global settlement of most of the 1,300 lawsuits it still faces from victims of clergy sexual abuse. The … Source: Claims Journal
Read MoreHistoric Minnesota Resort Owner Charged with Arson and Insurance Fraud
The owner of a historic Minnesota resort has been charged with arson and insurance fraud more than a year after a fire destroyed the property. Bryce Campbell, 41, of Two Harbors, Minn., was taken into custody last Wednesday in Southfield, … Source: Claims Journal
Read MoreZillow Deleting Climate Risk Scores Reveals Limits of Flood, Fire Data
When Zillow Group Inc. removed climate risk scores from its home listings last month, following a complaint from the real estate industry, many observers took to the press and social media to warn that disappearing the data doesn’t get rid … Source: Claims Journal
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