Posts by Y@DminG
Vermont Seeks Federal Damage Assessment for Floods Caused by Hurricane Beryl’s Remnants
Vermont is seeking an assessment to determine whether last week’s flooding, which damaged homes, knocked down bridges and washed out roads, qualifies for a federal disaster declaration and aid. The flooding from the remnants of Hurricane Beryl happened a year … Source: Claims Journal
Read MoreMarathon Oil Reaches $241M Settlement for Air Quality Violations in North Dakota
The federal government announced a $241.5 million settlement with Marathon Oil last week for alleged air quality violations at the company’s oil and gas operations on the Fort Berthold Indian Reservation in North Dakota. The Environmental Protection Agency and Department … Source: Claims Journal
Read MoreCenterPoint Sued Over Hurricane Beryl Power Outages in Houston
A group of Houston restaurants that lost power for days after Hurricane Beryl sued the city’s main utility, accusing CenterPoint Energy Inc. of failing to adequately invest in infrastructure and respond to widespread power outages. The lawsuit, filed by various … Source: Claims Journal
Read MoreSenate Review: Amazon Prime Day a Major Cause of Injuries for Warehouse Workers
Amazon’s popular Prime Day sales event has been “a major cause of injuries” for warehouse workers who pick and pack customer orders at the e-commerce giant’s facilities across the U.S., according to a report released Tuesday by Sen. Bernie Sanders. … Source: Claims Journal
Read MoreMaker of Warren Buffet’s Squishmallows Can Sue Build-A-Bear in Plush Toy Faceoff
A U.S. judge rejected Build-A-Bear Workshop’s effort to dismiss a lawsuit claiming that its Skoosherz plush toys were unauthorized knockoffs of Squishmallows, the popular plush toys made by a unit of Warren Buffett’s Berkshire Hathaway. In a decision on Monday, … Source: Claims Journal
Read MoreHurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s
U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s RMS Event Response. Insured losses associated with the storm include wind, storm surge, and precipitation-induced flooding. Moody’s estimates total non-U.S. … Source: Claims Journal
Read MoreFederal Appeals Court Upholds Dismissal of Manufacturer’s COVID-19 Claims
A Connecticut-based manufacturer has been denied another opportunity to seek $100 million in insurance coverage for business losses it claims it sustained because of the COVID-19 virus. Amphenol Corp.– a manufacturer of connectors, antennas, sensors, and high-speed specialty cable – … Source: Claims Journal
Read MoreAIG Files Amended Suit Against Former Execs, Dellwood Insurance
American International Group and a group of its companies have filed a new, amended complaint against Dellwood Insurance Group, started earlier this year by a group of former AIG executives. The lawsuit filed July 10 in U.S. District Court for … Source: Claims Journal
Read MoreGoogle Deal for ‘Hot Market’ Cyber Firm Wiz Would Bolster Cloud Security
If Alphabet’s Google is successful in its effort to buy cloud security company Wiz, it would bolster its cloud security offerings for large organizations, a hotspot for hackers, and help it take on cloud rivals Amazon.com and Microsoft, experts said. … Source: Claims Journal
Read MoreAutoNation Expects Hit to Q2 Profit From CDK Outage
U.S. auto retailer AutoNation said on Monday it expects a $1.50 per share hit to its second-quarter profit due to the disruptions caused by a cyberattack at retail technology provider CDK in June, a crucial selling period for car dealers. … Source: Claims Journal
Read More