Posts by Y@DminG
Apple Appeals ‘Unprecedented’ $580M App Store Fine
Apple Inc. appealed a €500 million ($580 million) fine from the European Union, calling the penalty “unprecedented” and the regulator’s required changes to its App Store as “unlawful.” The European Commission announced the fine in April under its Digital Markets … Source: Claims Journal
Read MoreMarsh Suit Against Alliant Alleges Poaching of Commercial Surety Team, Accounts
Insurance broker Marsh USA is suing rival Alliant Insurance Services, this time for allegedly poaching key commercial surety employees and clients. New York-based Marsh is accusing California-based Alliant of inducing key commercial surety employees to breach their non-solicitation and confidentiality … Source: Claims Journal
Read MoreICE Raids Derail Los Angeles Economy as Workers Go into Hiding
Los Angeles was already struggling to revive its fragile economy after the most destructive wildfires in its history erupted six months ago. Now, immigration raids are driving workers crucial to the rebuilding into the shadows. Framers and landscapers are abandoning … Source: Claims Journal
Read MoreDeadly Floods Reinforce Texas’ Challenge as Crisis Epicenter
Before dawn Friday morning, city manager Dalton Rice went for a jog along the Guadalupe River in Kerrville, Texas. He finished his run around 4 a.m. as a light rain set in. An hour later, he began receiving emergency calls: … Source: Claims Journal
Read MoreOnly Carrier or Comp Judge Can Determine Compensability, Florida Appeals Court Says
An employee cannot file a tort lawsuit against her employer until after it has been determined that she is not eligible for a workers’ compensation claim. And that compensability determination can only be made by an insurer or a compensation … Source: Claims Journal
Read MoreStellantis Recalls Diesel Cars in Europe Over Camshaft Chain Issue
Automaker Stellantis is recalling some diesel cars in Europe that were produced between October 2017 and January 2023, due to potential camshaft chain issues, it said on Thursday. It said almost 930,000 vehicles in France were affected, but did not … Source: Claims Journal
Read MoreCalifornia Insurance Commissioner Appoints Members to New Smoke Claims and Remediation Task Force
California Insurance Commissioner Ricardo Lara has appointed members to his new Smoke Claims and Remediation Task Force, as part of his response to issues over smoke damage caused by wildfires across the state, including the handling of smoke damage claims … Source: Claims Journal
Read MoreListeria Risk Prompts Kraft Heinz to Recall Oscar Mayer Turkey Bacon Products
Packaged food maker Kraft Heinz is voluntarily recalling some Oscar Mayer turkey bacon products over concerns about Listeria monocytogenes contamination, a company spokesperson said. The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS), which first announced the move … Source: Claims Journal
Read MoreA Majority of Companies Are Already Feeling the Climate Heat
More than half of firms surveyed in a Morgan Stanley report experienced the climate’s impact on operations within the past year, including increased costs, worker disruption and revenue losses. Source: Claims Journal
Read MoreEU: Code of Practice to Help Firms Comply With AI Rules May Apply End 2025
A code of practice designed to help thousands of companies comply with the European Union’s landmark artificial intelligence rules may only apply at the end of 2025, the European Commission said on Thursday. Alphabet’s Google, Meta Platforms, European companies such … Source: Claims Journal
Read More