Posts by Y@DminG

A UBS Group AG client, who alleges his wealth adviser had an affair with his wife and tried to help her take control of family funds, can sue the broker but not the Swiss firm, a New York judge ruled. … Source: Claims Journal

The future of home inspections has arrived, and the process is increasingly falling into the hands of…the homeowner. That’s according to leaders of two firms that have developed do-it-yourself systems now being used by prospective insureds across the country for … Source: Claims Journal

Four former Volkswagen AG managers were convicted by a German court for their roles in the diesel-emission scandal, involving the manipulation of millions of cars and causing €2.1 billion ($2.4 billion) in damages to drivers. Jens Hadler, who led diesel-engine … Source: Claims Journal

Southern California Edison, a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020. The U.S. government had filed … Source: Claims Journal

ATI Restoration made two leadership promotions within its Central U.S. estimating team. Todd Van Sant was named vice president of estimating, and Brandon Coleman was promoted to director of estimating. Van Sant joined ATI in 2021. He has more than … Source: Claims Journal

Mark Whaling and a crew raced up and down a hill in a tanker truck as they battled a wildfire in Los Angeles County, scrambling to get water from a street hydrant in time to stay ahead of flames moving … Source: Claims Journal

Earlier this month, President Trump teased a “big announcement” was coming, touting it as “one of the most important … made in many years about a certain subject.” The “big reveal” came May 12 when he signed executive order “Delivering … Source: Claims Journal

Boeing Co. has reached a tentative agreement with the US Justice Department that would allow the planemaker to avoid criminal prosecution for two fatal crashes of its 737 Max jets more than six years ago. Related: Boeing Whistleblower’s Family Settles … Source: Claims Journal

Global insurer American International Group has reached an out of court settlement of its legal dispute with the excess and surplus insurance firm Dellwood that was started by former AIG executives. In a filing in federal district court in New … Source: Claims Journal

With warmer than normal ocean waters, forecasters are expecting yet another unusually busy hurricane season for the Atlantic. But they don’t think it will be as chaotic as 2024, the third-costliest season on record as it spawned killer storms Beryl, … Source: Claims Journal