Posts by Y@DminG

Thieves have targeted freight trains running through the deserts of California and Arizona in a string of audacious heists resulting in the theft of more than $2 million worth of new Nike sneakers, including many that haven’t hit the retail … Source: Claims Journal

Former Twitter employees are scoring early victories in legal challenges to Elon Musk’s mass layoffs when he bought the company in 2022. Four ex-Twitter workers have prevailed in a recent series of closed-door arbitration proceedings over claims they were illegally … Source: Claims Journal

U.S. Supreme Court justices appeared to lean on Wednesday toward making it easier for people from “majority backgrounds,” such as white or straight people, to pursue workplace discrimination claims, as they heard an appeal by an Ohio woman who claims … Source: Claims Journal

Walgreens said it had entered into a settlement agreement with telemedicine provider Everly Health Solutions as part of which the pharmacy chain operator will pay the company $595 million over a contract dispute for COVID-19 testing. The settlement, payable within … Source: Claims Journal

In the era of cutting-edge computer modeling, satellite data and AI, there has never been more abundant information on the danger that wildfire poses to homes in the Los Angeles area. But that didn’t necessarily help thousands of homeowners correctly … Source: Claims Journal

Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said on Wednesday, representing the biggest loss reported so far by a single European reinsurer for the January catastrophe. The wildfires … Source: Claims Journal

As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices. Florida Insurance Commissioner Michael Yaworsky late last week posted a memo, demanding … Source: Claims Journal

A federal judge on Tuesday said Meta Platforms must face a lawsuit claiming that the Facebook and Instagram parent prefers to hire foreign workers because it can pay them less than American workers. U.S. Magistrate Judge Laurel Beeler in San … Source: Claims Journal

Malaysia’s 1MDB has dropped a years-long lawsuit against Riza Aziz, one of the producers of hit movie The Wolf of Wall Street, and a stepson to jailed former Prime Minister Najib Razak. The state investment fund, known formally as 1Malaysia … Source: Claims Journal

The number of Americans that think it’s a good idea for property/casualty insurers to leverage artificial intelligence is headed down, with a growing number of people who say they would be less likely to buy a policy with an insurer … Source: Claims Journal