Posts by Y@DminG

Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that employs a model not commonly used by philanthropy in the United States: Giving people rapid, direct cash payments. The nonprofit … Source: Claims Journal

Jeremy Ford hates wasting water. As a mist of rain sprinkled the fields around him in Homestead, Florida, Ford bemoaned how expensive it had been running a fossil fuel-powered irrigation system on his five-acre farm — and how bad it … Source: Claims Journal

North Carolina Gov. Roy Cooper approved more than $600 million worth of disaster relief funding Friday for western North Carolina counties affected by Hurricane Helene after legislators passed the recovery bill the day before. The bill is the second legislative … Source: Claims Journal

McDonald’s was sued on Tuesday by consumers in a proposed class action stemming from the E.coli outbreak linked to onions in the fast-food chain’s Quarter Pounders. Amanda McCray of Chicago and William Michael Kraft of Davie, Florida, said they experienced … Source: Claims Journal

Brazil’s Collective Defense Institute has filed two lawsuits demanding 3 billion reais ($525.27 million) from the Brazilian units of TikTok, Kwai and Meta Platforms for allegedly failing to create mechanisms to prevent indiscriminate use of these social media platforms by … Source: Claims Journal

The third quarter of 2024 saw a number of significant disaster events, which drove year-to date economic losses above at least $258 billion and insured losses of $102 billion, according to Aon plc in its Q3 Global Catastrophe Recap – … Source: Claims Journal

Adidas AG reached an out-of-court settlement with rapper Ye that concludes all claims connected to the sportswear maker’s decision to end their partnership two years ago. “Both parties said we don’t need to fight anymore and withdrew all the claims,” … Source: Claims Journal

An analysis of the claims paid out after the Gray and Oregon Road fires in Washington last year found that most of the homes destroyed were under-insured. The fires destroyed 366 homes, burning more than 20,000 acres outside of Spokane … Source: Claims Journal

Liberty Mutual Insurance said it expects up to $900 million in losses from hurricanes Helene and Milton. Parent Liberty Mutual Holding Company (LMHC) in a statement released some preliminary third quarter information “in support of a potential capital markets transaction.” … Source: Claims Journal

A new lawsuit accuses Subway of “grossly misleading” customers by advertising sandwiches that contain at least three times as much meat as it delivers. According to a proposed class action filed on Monday in federal court in Brooklyn, Subway ads … Source: Claims Journal