Posts by Y@DminG

UNITED NATIONS (AP) — A month after an undersea volcanic eruption and ensuing tsunami lashed Tonga, a U.N. official said Wednesday that 80% of the Pacific island nation’s 105,000 people were affected and the country needs over $90 million to … Source: Claims Journal

WASHINGTON –– The U.S. Federal Trade Commission, which enforces consumer protection rules, voted on Thursday to embark on regulations that would allow it to win back money from companies that are deceptive about the earnings that workers can make. The … Source: Claims Journal

The U.S. National Highway Traffic Safety Administration opened its second defect investigation related to Tesla Inc.’s Autopilot, subjecting more scrutiny to the carmaker’s driver-assistance technology. The agency said Thursday it’s launching a preliminary evaluation of unexpected braking by Tesla Model … Source: Claims Journal

BARCELONA, Spain (AP) — Canadian rescuers have located more bodies from a Spanish fishing ship that sank in rough seas off Newfoundland, raising the death toll to nine. A search operation is still looking for the 12 crew members still … Source: Claims Journal

ROCKVILLE CENTRE, N.Y. (AP) — A tanker carrying 9,200 gallons of gasoline overturned, crashed into a vacant building and burst into flames on Long Island early Wednesday, shutting down traffic for hours and spilling fuel into the sewer system, authorities … Source: Claims Journal

LONDON —NatWest Group NWG.L is facing a 2 million pound-plus ($2.7 million) compensation claim after a London tribunal ruled it had discriminated against an employee and unfairly dismissed her two days after cancer surgery, her lawyer said on Thursday. Adeline … Source: Claims Journal

Lithuania’s central bank has told the country’s banks to prepare for power cuts and cyberattacks as Russia’s standoff with Ukraine risks spilling over into a military conflict, according to a document and two sources familiar with the matter. Russia has … Source: Claims Journal

The cost of a $73 million settlement that gunmaker Remington Arms agreed to pay to families of victims of the Sandy Hook massacre will fall on four insurers. Ironshore, a Liberty Mutual subsidiary; James River Insurance Co., ACE (now Chubb), … Source: Claims Journal

U.S. insurer American International Group Inc AIG.N topped fourth-quarter profit expectations on Wednesday as it benefited from strong underwriting and lower catastrophe losses at its general insurance business. Catastrophe losses came in at just $189 million in the quarter to … Source: Claims Journal

After his house burned down in 2015, Rick Merechka turned in a sworn proof of loss statement telling his insurance company that the replacement value of his household goods was $607,640. But in December 2010, Merechka and his wife at … Source: Claims Journal