Posts by Y@DminG

A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The Disaster Recovery Reform Act, … Source: Claims Journal

A U.S. lawmaker introduced legislation to require that new motor vehicles be equipped with manual door releases, a move to address safety concerns with the type of electrically powered handles popularized by Tesla Inc. The measure from Representative Robin Kelly, … Source: Claims Journal

JPMorgan Chase & Co. won a London gender pay gap dispute lawsuit against one of its female analysts after a tribunal judge dismissed all claims against the investment bank. Saidya Najeeb, who joined JPMorgan in March 2022, alleged that she … Source: Claims Journal

Bayer’s Monsanto sued COVID-19 vaccine makers Pfizer, BioNTech and Moderna in Delaware federal court on Tuesday for allegedly misusing its messenger RNA technology in manufacturing their vaccines, a Bayer spokesperson confirmed. The patent infringement lawsuits said the companies copied technology … Source: Claims Journal

An aerospace and defense electronics company based in Chatsworth, California, agreed to pay $1.5 million to resolve allegations that it violated the False Claims Act by supplying aircraft parts to the military that did not meet contract specifications. Teledyne RISI … Source: Claims Journal

California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & … Source: Claims Journal

Nestle said it was recalling some batches of its infant nutrition products, including SMA, BEBA and NAN formulas, mostly in Europe, due to possible contamination with a toxin that can cause nausea and vomiting. The recall, which began on a … Source: Claims Journal

Xceedance acquired Marble Box, a provider of operational support and process optimization services to independent insurance agencies and brokers. This acquisition is Xceedance’s entry into the agent and broker ecosystem. Marble Box supports agency processes for agents and brokers, delivering … Source: Claims Journal

Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year. Suburbs on the fringes of centers including Sydney, Melbourne and Perth … Source: Claims Journal

Problems with the rearview mirror have forced Porsche and now parent company Volkswagen to recall over half a million vehicles collectively in the United States, where the National Highway Traffic Safety Administration announced the latest round of measures on Tuesday. … Source: Claims Journal