Posts by Y@DminG
Aon Reports Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B
Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025, with claims driven by the wildfires in Los Angeles adding roughly $38 billion to taht, or 71% of total insured losses … Source: Claims Journal
Read MoreUber Sued by FTC Over ‘Deceptive’ Subscription Sign-Ups
Uber was sued by the Federal Trade Commission, which claims the company hurt consumers through “deceptive billing and cancellation practices” as part of its flagship subscription service. Source: Claims Journal
Read MoreIn Ohio Trial, Railroad And Chemical Maker Agree on Who Pays Residents
Norfolk Southern reached an agreement with one of two companies about how much each side will help pay for a $600 million class-action settlement, which the railroad agreed to after the disastrous 2023 Ohio train derailment and toxic chemicals that … Source: Claims Journal
Read MoreTrump Throws the Electric School Bus Transition Into Chaos
From Rapides Parish, Louisiana to Oakland, California, tens of thousands of school children are participating in an electric bus revolution sparked by billions of dollars in federal funding. Under the Trump administration, this EV transition is starting to stall. In … Source: Claims Journal
Read MoreAverage U.S. Vehicle Age Approaching 13 Years, New Report Shows
Cars on the road are more than a dozen years old on average and they’re getting older. Source: Claims Journal
Read MoreUber Spends Six Figures on Ads in Latest NY Insurance Reform Push
Uber Technologies Inc. is spending six figures on advertisements in New York in its latest appeal to lawmakers to address issues stemming from the insolvency of the city’s largest taxi insurer. The rideshare giant launched the campaign on Tuesday as … Source: Claims Journal
Read MoreLa Niña’s End Threatens to Unleash an Active Atlantic Hurricane Season
The weather-roiling La Niña weather pattern has ended, returning equatorial Pacific temperatures to a neutral state that could portend an active Atlantic hurricane season. Now that La Niña — a cooling of Pacific temperatures near the equator — is officially … Source: Claims Journal
Read MoreSouthern California Edison Lays Out $925M Plan to Rebuild After LA Wildfires
Southern California Edison, a subsidiary of utility Edison International, said on Friday it had submitted an initial plan to rebuild the areas within its service territory that were devastated by the Los Angeles wildfires in January. The preliminary plan was … Source: Claims Journal
Read MoreGSK Zantac Appeal Gets Tough Questions From Some US Judges
Some Delaware Supreme Court justices signaled they may be skeptical of a bid by GSK Plc, Pfizer Inc. and other drugmakers to overturn a judge who allowed more than 80,000 lawsuits to proceed to trial over claims that the heartburn … Source: Claims Journal
Read MoreFord Recalls More Than 148,000 Vehicles, NHTSA Says
Ford Motor is recalling more than 148,000 vehicles in the United States as part of two recalls, the National Highway Traffic Safety Administration said on Thursday. The automaker will recall 123,611 vehicles due to a fluid leak that could reduce … Source: Claims Journal
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