Posts by Y@DminG
LA Fire Victims Suing City Utility for Billions Win Major Ruling
The water and power utility that serves the city of Los Angeles must face hundreds of lawsuits faulting its response to the massive 2025 wildfire that leveled one of the city’s premier seaside neighborhoods and caused tens of billions of … Source: Claims Journal
Read MoreBioNTech Sues Moderna for Patent Infringement Over COVID Shots
German biopharmaceutical company BioNTech sued Moderna in Delaware federal court on Thursday, alleging that Moderna’s COVID-19 vaccine mNEXSPIKE infringes a patent related to BioNTech and Pfizer’s competing shot Comirnaty. The lawsuit said that mNEXSPIKE, Moderna’s next-generation COVID shot approved by … Source: Claims Journal
Read MoreState Farm Adjuster’s Opinion Does Not Override Policy Exclusion in Sewage Backup
Insureds cannot rely on the word of an insurance adjuster—even one hired by the insurer—to show that a homeowners’ policy covers sewage backup, a federal appeals court said in a case that underscored the sanctity of policy exclusions but also … Source: Claims Journal
Read MoreBuilding Fortification And The Role of The Insurance Industry
There has been a lot of recent conversation throughout the insurance industry around resiliency fortification efforts and how to help facilitate them. For claims leaders, this is a particularly important conversation because the level of resiliency of the structures in … Source: Claims Journal
Read MoreReport: BMW, Ram And Tesla Had Some of The Nation’s Worst Drivers
Drivers of BMW, Ram and Tesla vehicles were ranked among the worst drivers in the country in a new report. A LendingTree report on the best and worst drivers on by vehicle manufacturer ranks BMW for No. 1 in total … Source: Claims Journal
Read MoreMoody’s: LA Wildfires, US Catastrophes Drove Bulk of Global Insured Losses in 2025
The devastating Los Angeles wildfires in 2025 and U.S. insured catastrophe losses of more than $45 billion for the third consecutive year helped push global economic losses from catastrophes to $224 billion, a report from Moody’s shows. In a year … Source: Claims Journal
Read MoreNissan to Recall 643,000 SUVs in US Over Engine, Gear Issues
Nissan recalling 642,698 Rogue SUVs in the U.S. as part of two separate recalls, over issues that could cause loss of drive power, the U.S. National Highway Traffic Safety Administration said on Thursday. Nissan is recalling 318,781 Rogue SUVs over … Source: Claims Journal
Read MoreExplosive Wildfires Surge Through Oklahoma Panhandle and Kansas
The Ranger Road Fire had consumed more than 280,000 acres as of Wednesday evening, nearly 20 times the size of the island of Manhattan. Source: Claims Journal
Read MoreLive Nation Loses Bid for Full Dismissal of Antitrust Suit
Live Nation Entertainment Inc. must face an antitrust trial on some claims brought by the U.S. Justice Department and various states for allegedly monopolizing the live events market, after a federal judge rejected the company’s request to dismiss a case … Source: Claims Journal
Read MoreTrump Rescinding Rule Incentivizing EV Production So Automakers Meet Fuel Economy Requirements
The Trump administration said Wednesday it is rescinding a rule that incentivized automakers to produce electric vehicles to meet fuel economy requirements by overstating energy savings. Environmentalists have long criticized the Energy Department rules for assigning unrealistically high fuel-economy values … Source: Claims Journal
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