Posts by Y@DminG

European shipbuilder Fincantieri sued Owens Corning for fraud, accusing one of the largest global suppliers of fiberglass insulation of selling faulty fire-resisting panels, resulting in costly repairs and the delayed launch of at least two ships. In the lawsuit, filed … Source: Claims Journal

The Trump administration is proposing nearly $1 billion in funding to speed the development of U.S. critical minerals and materials, used in everything from electric vehicle batteries to semiconductors, the Energy Department said on Wednesday. The department intends to offer … Source: Claims Journal

Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers. The lawsuit in a New York … Source: Claims Journal

Top U.S. chip-equipment supplier Applied Materials was sued by a rival in China over alleged trade secret theft, an escalation in the tech war between the world’s two largest economies. Source: Claims Journal

Greek coastguard vessels evacuated tourists and locals, while a volunteer firefighter died in Spain as authorities struggled to quell blazes across the Mediterranean. A wildfire in Volissos forced evacuations from two beaches on the island of Chios, with strong winds … Source: Claims Journal

Two Chevrolets and a Hyundai topped the list of the most affordable new trucks and SUVs to insure for 2025, according to a new list compiled by California-based Mercury Insurance. Factors contributing to Mercury’s list included claims on similar vehicles, … Source: Claims Journal

As wildfires raged across Los Angeles in January, a state official parried an email from a resident living on the edge of the conflagration: When would long-delayed regulations designed to protect high-risk homes like hers be implemented? “I do not … Source: Claims Journal

The U.S. Department of Justice filed a proposed settlement to resolve claims against Greystar Management Services LLC as part of an ongoing enforcement against anticompetitive practices in rental markets across the country. Greystar, a residential property manager headquartered in Charleston, … Source: Claims Journal

Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary, in the Department of Justice’s first public enforcement action of a federal anti-bribery law it resumed enforcing in June. In … Source: Claims Journal

A United States Steel Corp. plant in Pennsylvania that experienced an explosion that killed at least two people has a history of accidents and violations over the past 15 years. The Clairton Coke Works plant near Pittsburgh, the biggest facility … Source: Claims Journal