Posts by Y@DminG
Texas Probes Lululemon for Alleged ‘Forever Chemicals’ Use
The Texas attorney general’s office is investigating Lululemon Athletica Inc.’s apparel for the presence of so-called “forever chemicals,” which have been linked to health problems. “Emerging research and consumer concerns have raised questions about the potential presence of certain synthetic … Source: Claims Journal
Read MoreIBHS Expands Wildfire Prepared Program to 10 More States
Ten new states are now part of a new wildfire preparedness designation program designed to help homeowners and builders in high-risk areas better protect properties and neighborhoods. The number of states added to the Insurance Institute for Business & Home … Source: Claims Journal
Read MoreIBM Agrees to Pay Government $17 Million in DEI Settlement
In the first outcome of the U.S. Department of Justice’s Civil Rights Fraud Initiative, IMB has agreed to about $17 million to settle charges related to the company’s diversity, equity, and inclusion (DEI) practices. “Racial discrimination is illegal, and government … Source: Claims Journal
Read MoreWeather Prediction Markets Are Booming. Can They Improve Forecasts?
A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the prediction market Kalshi. He checked the Times … Source: Claims Journal
Read MoreVerisk: Claims Volumes Fell to Five-Year Low in 2025 as Emerging Risks Intensify
Insurance claims volumes in the United States declined across most lines in 2025, but risks remain elevated as insurers navigate complex and concentrated claims, according to an annual report from Verisk. Claims volumes were lower in 2025 than 2024 across … Source: Claims Journal
Read MoreVerisk: Claims Volumes Fell to Five-Year Low in 2025 as Emerging Risks Intensify
Insurance claims volumes in the United States declined across most lines in 2025, but risks remain elevated as insurers navigate complex and concentrated claims, according to an annual report from Verisk. Claims volumes were lower in 2025 than 2024 across … Source: Claims Journal
Read MoreMillions of Rockstar Games Business Records Stolen, Hackers Say
A hacking group with a history of compromising major global corporations said it had stolen nearly 80 million business records from video game developer Rockstar Games, the maker of Grand Theft Auto. The claim was posted to the website used … Source: Claims Journal
Read MoreAlbertsons Reaches $774 Million Opioid Accord
Albertsons Cos. announced a $774 million settlement to resolve all opioid-related claims, making the grocery chain one of the last major retailers to reach such a deal. Due to the settlement, the company recorded a charge of about $600 million … Source: Claims Journal
Read MoreUS Trade Chief Says Tech Restrictions to Block Chinese Carmakers
The top US trade official said restrictions on foreign technology will likely keep Chinese carmakers out of the US for the foreseeable future, throwing cold water on the prospect of those manufacturers establishing a foothold in the domestic auto market. … Source: Claims Journal
Read MoreEx-First Brands Officer Says He Was Kept in the Dark About Fraud
First Brands Group’s former chief strategy officer asked a judge to dismiss a civil lawsuit that blames him in part for the auto-parts supplier’s collapse, arguing that founder Patrick James and his brother, Edward, concealed the alleged fraud that brought … Source: Claims Journal
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