Posts by Y@DminG
Archdiocese 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
Read MoreHowden Names Neumann Executive Vice President, Financial Lines Claims Leader
Howden named Elizabeth Neumann executive vice president and financial lines claims leader for its U.S. operations. She will be based in New York and will join the U.S. financial lines management team led by Ron Borys, who was recently named … Source: Claims Journal
Read MoreCourt Says Dunkin’ Cashier, Stabbed by Rapper, Can’t Claim More Than Workers’ Comp
A Dunkin’ Donuts cashier who was stabbed by an Atlanta-area rapper has only the workers’ compensation remedy, even if the incident seems far outside the scope of work duties, the Georgia Court of Appeals has decided. “In this case, the … Source: Claims Journal
Read More‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course
The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market. And while you’re at it, don’t repeal Florida’s personal injury protection … Source: Claims Journal
Read More$11 Million Southwest Airlines Fine in 2022 Holiday Meltdown Waived
The Trump administration said Saturday it will waive an $11 million fine imposed on Southwest Airlines as part of a $140 million settlement over the carrier’s meltdown in December 2022 during a busy holiday travel period. Southwest in December 2023 … Source: Claims Journal
Read MoreTrump Says He’ll Issue An Order Creating National AI Rule
U.S. President Donald Trump said on Monday he would sign an executive order this week that he said would create a single national rule for artificial intelligence, which the industry has said is necessary to override disparate laws passed by … Source: Claims Journal
Read MoreAnalysis: Fuel Economy Rollback May Make Cars Cheaper, But Higher Gas Bills Will Absorb Savings
The Trump administration’s proposal to roll back Biden-era vehicle fuel efficiency standards may save automakers in the U.S. tens of billions of dollars and potentially lower upfront purchase costs for American car buyers. But any savings at the dealership will … Source: Claims Journal
Read MoreJapan Issues Tsunami Warning in North After M7.6 Quake
Japan issued a tsunami warning for the country’s northern prefectures of Aomori, Hokkaido and Iwate after a magnitude-7.6 quake struck off the northeast coast. There have been no reports of significant impact on infrastructure, and no issues identified at nearby … Source: Claims Journal
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