Posts by Y@DminG

JPMorgan Chase must face part of a proposed class action lawsuit accusing the largest U.S. bank of paying brokerage and retirement account holders near-zero interest rates instead of market rates on their idle cash, a federal judge ruled. Customers alleged … Source: Claims Journal

A jury in Pennsylvania state court on Friday awarded $250,000 to the family of a woman who sued Johnson & Johnson alleging its talc-based baby powder was to blame for her ovarian cancer, according to an attorney for plaintiffs in … Source: Claims Journal

The Paris prosecutor’s office opened probes into allegedly tainted infant formula distributed by Nestlé SA, Danone, Groupe Lactalis and two other brands. The investigation involves potential charges of “deception regarding goods that pose a danger to human health,” which can … Source: Claims Journal

The Los Angeles wildfires that kicked off 2025 not only sped up a statewide homeowners insurance market pullback, they also played a part in an ongoing reshaping of California’s surplus lines market, according to a new report. The state’s surplus … Source: Claims Journal

Fiat-to-Jeep owner Stellantis is quietly resurrecting diesel versions of at least seven car and passenger van models across Europe as it retreats from electric vehicles, according to a review of dealer websites and company statements to Reuters. In a previously … Source: Claims Journal

Deutsche Bank AG has settled a lawsuit with Michele Foresti, a former manager who claimed he was wrongfully blamed for the Monte dei Paschi accounting scandal, the first of six similar cases to be resolved. “The parties have now resolved … Source: Claims Journal

Diagnosis‑related failures and medical treatment issues continue to drive the majority of cardiology malpractice claims, according to a new analysis. A review of 321 closed cases from 2010 to 2025 by The Doctors Company shows breakdowns in clinical judgment, communication … Source: Claims Journal

Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing, according to two people familiar with the matter. … Source: Claims Journal

Venbrook Group LLC named Awais Farooq chief claims officer. Farooq will oversee the company’s global claims operations. Farooq has nearly two decades of experience in claims. Before working for Venbrook, he was a senior vice president of strategy and transformation … Source: Claims Journal

Dutch telecommunications group Odido said it was hit with a cyberattack that compromised customer data, though services have remained operational. The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, said Thursday in a statement that it contained … Source: Claims Journal