Posts by Y@DminG

The world’s oceans are warming four times faster than they were in the late 1980s, according to a new study. The alarming acceleration helps explain why 2023 and 2024 saw unprecedented ocean temperatures — and more extreme storms. The findings … Source: Claims Journal

Driven by technological advancements, evolving workplace dynamics, and an ever-changing regulatory environment, significant shifts have emerged in how workers’ compensation claims are managed. The pace of change is unlikely to slow, prompting the need for adaptation in claims handling processes. … Source: Claims Journal

Climate change made Southern California’s dangerous wildfire conditions in early January 35% more likely than they would have been before the industrial era, according to a new analysis by the scientific group World Weather Attribution. Greenhouse gas pollution raised temperatures, … Source: Claims Journal

Automotive technology giant CDK Global has agreed to pay $630 million to settle antitrust claims that it caused hundreds of software vendors to overpay for vehicle dealership data by restricting access. The proposed settlement, filed on Monday night in a … Source: Claims Journal

Chubb Ltd. estimates that the wildfires that ravaged swaths of Los Angeles earlier this month will cost the insurer $1.5 billion in the first quarter. The Zurich-based firm revealed the expected cost in a statement Tuesday that detailed its fourth-quarter … Source: Claims Journal

Microsoft-backed OpenAI sought to block on Tuesday India’s biggest media organizations, including those of billionaires Gautam Adani and Mukesh Ambani, from joining a copyright lawsuit that is set to shape the legal framework for AI in India. Courts globally are … Source: Claims Journal

Storm Herminia triggered the worst flooding in four decades in parts of northwest France and created dangerous avalanche conditions in the Alps. In Brittany, hundreds of people were evacuated from their homes in the department of Ile-et-Vilaine, including the city … Source: Claims Journal

First it was the fake bear insurance fraud that made headlines around the country. Now, it’s a fake deer that has landed a South Carolina woman in jail after authorities said she provided false information to a Progressive Insurance company. … Source: Claims Journal

KuCoin, one of the world’s largest cryptocurrency exchanges, pleaded guilty on Monday to operating an unlicensed money transmitting business, and agreed to more than $297 million in fines and forfeiture, the U.S. Department of Justice said. Peken Global Ltd, which … Source: Claims Journal

Southern California Edison, a unit of utility Edison International, said on Monday preliminary analysis of data showed a “momentary and expected increase in current” on its energized lines in the Eaton Canyon corridor on Jan. 7 evening. Fire officials have … Source: Claims Journal