Posts by Y@DminG
National Highway Traffic Safety Administration Laid Off 4% of Staff, Spokesperson Says
The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide trimming of probationary employees, a spokesperson said Monday. The agency has pending investigations into Tesla, which is headed by Elon Musk, the CEO … Source: Claims Journal
Read MoreHow Better Water Systems Can Help a City Survive The Next Firestorm
Santa Rosa. Paradise. Boulder County. Lahaina. Los Angeles. All are places that have shown that American cities and their water systems weren’t built to withstand wildfire, experts say. Related: California Wildfire Mitigation And Recovery Bill Package Introduced Hydrants trickled. Pumps … Source: Claims Journal
Read MoreLA Mayor Removes Fire Chief in Fallout From Palisades Blaze
Los Angeles Mayor Karen Bass removed Fire Chief Kristin Crowley, citing failures in the department’s response to the devastating Palisades wildfire. Bass appointed former LAFD Chief Deputy Ronnie Villanueva, a 41-year LAFD veteran, as interim chief while the city launches … Source: Claims Journal
Read MoreCoreLogic: Chicago Has Most Homes at Risk from Convective Storms
Convective storms added to a year of extreme weather events that will put pressure on property insurance rates, particularly in a few hard-hit states, a new report shows. CoreLogic released its 2025 Severe Convective Storm Risk report, highlighting patterns of … Source: Claims Journal
Read MoreFour Big Banks Fined $132M for Sharing UK Bond Market Information
Britain’s competition regulator has fined, HSBC, Morgan Stanley and Royal Bank of Canada a combined 104.5 million pounds ($132.4 million) for exchanging sensitive information about U.K. government bonds. The Competition and Markets Authority (CMA) said on Friday that it had … Source: Claims Journal
Read MoreWoman Sues Fertility Clinic, Saying She Gave Birth to Another Patient’s Baby
Krystena Murray became pregnant after undergoing in vitro fertilization two years ago, and said she was unaware until she gave birth that the fertility clinic had made a fateful mistake. In December 2023, Murray delivered a healthy baby boy. But … Source: Claims Journal
Read MoreMastercard Wins UK Court Nod for $253M Deal to End $12B Class Action Claim
Mastercard Inc. won a London court’s approval for the £200 million ($253 million) agreed to pay to end a high-profile class action over the fees it charges, which was initially estimated to be worth more than £10 billion ($12.6 billion). … Source: Claims Journal
Read MoreStellantis’ $807M UK Lawsuit Over Airbag, Seatbelt Cartels Dismissed
Stellantis’ 771 million euro ($807.62 million) lawsuit against two safety equipment makers was dismissed by a London tribunal on Friday. The automaker, which was formed by the 2021 merger of Fiat Chrysler Automobiles and PSA Group, sued Autoliv and ZF/TRW … Source: Claims Journal
Read MoreTesla Recalls 380,000 Vehicles in US Over Power Steering Assist Issue
Tesla said on Friday it was recalling nearly 380,000 vehicles in the United States due to a power steering assist failure that could increase steering effort, particularly at low speeds, potentially raising the risk of a crash. The recall follows … Source: Claims Journal
Read MoreReport Drills Down on Property Damage from Beryl, Helen and Milton
The 2024 hurricane season presented challenges for insurers thanks largely to hurricanes Beryl, Helene, and Milton—the three powerful storms caused more than $138 billion in damage as well as $52 million in insured losses. Nearmap, an aerial imagery and location … Source: Claims Journal
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