Posts by Y@DminG

Bank of America Corp. agreed to pay $72.5 million to settle a lawsuit on behalf of Jeffrey Epstein victims claiming the bank aided in the late financier’s sex-trafficking. Source: Claims Journal

A weeks-long outage at a major Australian liquefied natural gas export plant has dealt a further blow to a global market still reeling from the halt of operations in Qatar. Storm damage to Chevron Corp.’s Wheatstone gas plant is hampering … Source: Claims Journal

A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against Cincinnati Casualty Co. The … Source: Claims Journal

Vehicle safety technologies like automatic emergency braking, lane departure prevention and high-beam assist are reducing insurance claims, according to a new study. Safety benefits from these driver assistance features also increase as systems get bundled and updated, according to a … Source: Claims Journal

Three Australian plants that provide about 8% of the world’s liquefied natural gas have had their output curbed by a cyclone, in a further blow to mainly Asian buyers reeling from the halt of shipments from Qatar. Karratha, the onshore … Source: Claims Journal

A former Brookfield Asset Management senior vice president sued the firm, claiming it wrongfully fired her over a social media post following the murder of conservative political activist Charlie Kirk. Jennifer Kipley, who joined Brookfield’s global client group in 2022, … Source: Claims Journal

A woman who claims Jeffrey Epstein sexually abused her filed a lawsuit claiming the U.S. government and Alphabet Inc.’s Google failed to protect her identity and that of other victims amid the release of millions of pages of records about … Source: Claims Journal

Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its local partner … Source: Claims Journal

Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies. Bessent’s predictions, delivered … Source: Claims Journal

When Matthew Allan realized nearly $100,000 in Bitcoin was missing from his Coinbase account, he wasn’t too worried. He had signed up for Coinbase One, a $29.99 monthly subscription that promised up to $1 million of account protection. Coinbase’s response? … Source: Claims Journal