Posts by Y@DminG

Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes in January. California Insurance Commissioner Ricardo … Source: Claims Journal

Helicopter traffic should be permanently banned near Ronald Reagan Washington National Airport during certain periods to alleviate congestion and avoid a repeat of the deadly midair collision that occurred there in January, the agency probing the accident recommended. Specifically, National … Source: Claims Journal

Billionaire Jim Ratcliffe suffered a fresh setback at his money-losing auto business, recalling more than 7,000 vehicles in the US after customers reported that doors on their SUVs flew open while driving. Ineos Automotive Ltd. will replace door-button mechanisms on … Source: Claims Journal

A survey of 2,000 cannabis consumer driving behavior in eight states shows a majority say they drive the same day that they consume cannabis compared waiting eight or more hours—half believe they drive just as well while high. The AAA … Source: Claims Journal

French publishers and authors are suing Meta Platforms Inc. for copyright infringement, accusing the tech giant of using their books to train its generative artificial intelligence model without authorization. SNE, the trade association representing major French publishers including Hachette and … Source: Claims Journal

A cyberattack that brought down Elon Musk’s X targeted servers that were insufficiently protected from malicious traffic, according to cybersecurity analysts. Users of the social media platform faced intermittent outages through Monday, which Musk blamed on a “large, coordinated group” … Source: Claims Journal

A federal appeals court decision handed down last week is a victory for a Liberty Mutual surplus carrier, but it highlights what one attorney said is a widespread problem in the construction industry: an alleged “bait and switch” by insurers … Source: Claims Journal

Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number or companies that have paid out more than $1 billion in losses from the catastrophe. The company revealed the losses … Source: Claims Journal

Most ransomware claims in 2024 started with compromised perimeter security appliances (58%), like virtual private networks (VPNs) or firewalls, remote desktop products were second-most (18%) exploited, a new report shows. Global insurance provider Coalition’s Cyber Threat Index 2025 report shows … Source: Claims Journal

The Girl Scouts have been sued by consumers over the alleged presence of “heavy metals” and pesticides in its popular Thin Mints and other cookies. A proposed class action was filed on Monday night in the Brooklyn, New York federal … Source: Claims Journal