Posts by Y@DminG

GSK Plc said it will pay as much as $2.2 billion to resolve about 80,000 US court cases related to allegations that its old reflux medication Zantac was contaminated with a suspected carcinogen. The cases represent about 93% of those … Source: Claims Journal

Cyber crime syndicates raked in as much as $37 billion last year and are intensifying operations across Southeast Asia despite mounting law enforcement efforts, the United Nations said. “The transnational organized crime threat landscape in Southeast Asia is evolving faster … Source: Claims Journal

With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on the heels of Hurricane Helene, industry leaders are bracing for significant delays in claims adjusting. “We’re competing with Helene,” said … Source: Claims Journal

The Doan Group is adding a new franchise serving New York and New Jersey. New franchise owner Hashim Jaludi began his career as a field appraiser for several national providers, and has experience in liability determination, settlement negotiation and experiense … Source: Claims Journal

An Afghan citizen has been arrested in Oklahoma City for suspicion of conspiring to commit a terrorist attack during the November U.S. elections on behalf of the terrorist organization the Islamic State of Iraq and al-Sham. Nasir Ahmad Tawhedi, 27, … Source: Claims Journal

New York Attorney General Letitia James on Wednesday announced a $52 million multistate settlement with Marriott International Inc. over a year’s long data breach of one of its guest reservation databases. According to a multistate investigation, one of Marriott’s subsidiaries, … Source: Claims Journal

Being unlicensed as a contractor in Florida does not necessarily void a storm-remediation contract, a Florida appeals court said in a decision that could affect insurance defense strategy in hurricane claims. “This shows that it’s really important to know the … Source: Claims Journal

Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies’ shares, analysts at RBC Capital said. The Category 5 hurricane is due to … Source: Claims Journal

Johnson & Johnson’s bold move to skirt a US court in New Jersey and seek a potentially friendlier venue in Texas to settle claims its baby powder gave women cancer faces a key decision as soon as Thursday. A federal … Source: Claims Journal

Rising valuations and ease of transport and concealment have long made jewelry claims a target for fraudulent activity, but one expert says more criminals are coming to realize it can be a low-cost and high-payout crime. Attorney Melissa Segel works … Source: Claims Journal