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Posts by Y@DminG

Hawaiian Electric Finalizes $2 Billion Maui Fire Settlement

Hawaiian Electric Industries formalized a $2 billion agreement to settle damage claims from a wildfire that razed the historic town of Lahaina and killed more than 100 people. The utility-owner had reached a tentative agreement in August in which it, … Source: Claims Journal

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Canada Arrests Man Suspected of Hacks of Snowflake Customers

Canadian authorities have arrested a man suspected of being behind a string of hacks involving as many as 165 customers of Snowflake Inc., according to people familiar with the matter. Following a request from the US, Alexander “Connor” Moucka was … Source: Claims Journal

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Spain Risks $11.5 Billion Flood Damage Bill, PM Says

Spanish Prime Minister Pedro Sanchez announced the first financial package for victims of the storms that killed more than 200 people in the country’s eastern region of Valencia. Spain will earmark as much as €10.6 billion ($11.5 billion) for its … Source: Claims Journal

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Survey Shows Most US Households Lack Full Insurance on Valuables

One-in-three American homeowners lack home or contents insurance coverage, a new survey shows. The survey included more than 3,000 Australians, Americans and Canadians, asking people which items in their homes were most valued financially or sentimentally, and whether those items … Source: Claims Journal

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JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M

JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said. The settlements include $61 million of civil fines … Source: Claims Journal

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