Posts by Y@DminG

License protection adverse incidents and claims against counselors to the Board of Professional Counselors has nearly doubled in the last five years. A new report from the Healthcare Providers Service Organization, a division of Aon Affinity, shows there were 4,080 … Source: Claims Journal

Miami investment firm 777 Partners, which is facing several lawsuits by creditors, hit back with its own suit accusing one key lender of hiring 777’s former information technology head to steal data for its litigation. According to a complaint filed … Source: Claims Journal

The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday, as jurors in Chicago were unable to agree on whether Boehringer Ingelheim must pay damages to an Illinois man who … Source: Claims Journal

Hedge fund Two Sigma is likely to have to pay as much as $100 million to resolve a U.S. Securities and Exchange Commission probe into a trading scandal at the firm, the Wall Street Journal reported on Thursday. The U.S. … Source: Claims Journal

Live Nation Entertainment asked a federal judge in New York on Thursday to dismiss several states’ claims that the live event promoter harmed event-goers by stifling competition with its ticket-selling arm, Ticketmaster. Live Nation seeks to dismiss part of the … Source: Claims Journal

More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the National Resources Defense Council. Four states account … Source: Claims Journal

Nintendo Co. filed a patent infringement lawsuit against Tokyo-based Pocketpair Inc., the maker of hit game Palworld, seeking an injunction and compensation for damages. The case, brought together with affiliate Pokémon Co., was submitted to the Tokyo District Court on … Source: Claims Journal

Renewable project buildouts continue to be jeopardized by contractor errors and defects, natural catastrophes and extreme weather events—on-shore and offshore challenges that could delay start times and drive up construction claims. That’s the assertion in a new report, which calls … Source: Claims Journal

Google won a court fight with the European Union over a €1.5 billion ($1.7 billion) fine for thwarting competition for online ads, partly making up for last week’s crushing defeat in a separate judgment for abusing its monopoly powers. Judges … Source: Claims Journal

The Biden administration plans to convene a global safety summit on artificial intelligence, it said on Wednesday, as Congress continues to struggle with regulating the technology. Commerce Secretary Gina Raimondo and Secretary of State Anthony Blinken will host on Nov. … Source: Claims Journal