Posts by Y@DminG
For Firms That Got Citi’s $900 Million, It’s a Shot at Payback
If Citigroup Inc. was looking to create a drama big enough to compete with the pandemic and U.S. elections for Wall Street’s attention, it couldn’t have written a better script. The bank allegedly facilitated a debt deal that left a … Source: Claims Journal
Read MoreClaims People: Claims Central, Provencher, Omega Engineering and Goldberg Segalla
Claims Central Hires WeGoLook Founders Two former executives for WeGoLook, an automated claims system now owned by Crawford & Co., have joined Claim Central Consolidated. The digital claims company, based in Jacksonville, Fla., appointed Robin Roberson and Kenneth Kroll as … Source: Claims Journal
Read MoreDrought and Rain Are Reshaping Global Grain Trade Routes
The global wheat trade is being shaken up again after extreme weather hurt crops in the European Union while harvests are booming elsewhere. Fresh from leapfrogging Russia as the top exporter, the EU will drop to third place this season … Source: Claims Journal
Read MoreSpies in Silicon Valley: Twitter Breach Tied to Saudi Dissident Arrests
An internal breach at Twitter Inc. a half decade ago yielded data that was later used by Saudi Arabia to harass or arrest people critical of the government, according to lawsuits, human rights groups and the relative of a person … Source: Claims Journal
Read MoreCalifornia Doomed to Frequent Blackout Risk by Battery Shortage
As the threat of blackouts continues to plague California, officials are pointing to battery storage as a key to preventing future power shortfalls. But the Golden State is going to need a lot more batteries to weather the next climate-driven … Source: Claims Journal
Read MoreCovid Hit 20% of Meat Workers in No. 1 Chicken Exporter Brazil
One in five workers at Brazil’s meat plants have been infected with coronavirus, according to union estimates. That would make the country home to one of the world’s worst workplace outbreaks. The estimate comes from Nelson Morelli, the president of … Source: Claims Journal
Read MoreNew York Charges Teva, Allergan With Insurance Fraud Over Opioid Claims
NEW YORK — New York state filed civil charges on Tuesday accusing Teva Pharmaceutical Industries Ltd and Allergan Plc with insurance fraud for downplaying the risks of their opioid painkillers to patients and doctors. Governor Andrew Cuomo said the charges … Source: Claims Journal
Read MoreCalifornia Firefighters Battle Wildfires in Extreme Heat
LOS ANGELES — California firefighters battled destructive wildfires Monday as a lengthening heat wave roasted the state. Thousands of homes were at risk and air quality deteriorated in areas affected by smoke. The National Weather Service blanketed the state in … Source: Claims Journal
Read MoreStrong Quake In Philippines Kills 1, Damages Houses, Roads
MANILA, Philippines — A strong earthquake jolted the central Philippines on Tuesday, killing at least one person, injuring dozens, and damaging houses, two buildings used for coronavirus quarantine, bridges and a port. A three-story house collapsed in the coastal town … Source: Claims Journal
Read More7th Circuit Lays Obstacle For Litigation Funders With False Claims Act Suits
A federal appellate court dealt a blow against litigation funding companies by ruling that the U.S. Justice Department can dismiss any False Claims Act lawsuits that it deems meritless without first proving that dismissal is justified. The 7th Circuit Court … Source: Claims Journal
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