Posts by Y@DminG
Fatalities Reported in Washington Packaging Facility Explosion
An accident at a Washington state packaging facility has left at least one person dead, nine missing and nine others injured, with crews working to contain a ruptured tank of caustic chemicals. The incident occurred Tuesday morning at Nippon Dynawave … Source: Claims Journal
Read MoreMaine High Court Upholds Claims Settlement, Case Dismissal Over Insured’s Objection
A court was right to acknowledge an insurance company’s settlement of a claim and dismiss the lawsuit against its insured without the insured’s approval, the Maine Supreme Judicial Court has ruled. The insured, Patrick O’Brien, objected to the settlement and … Source: Claims Journal
Read MoreState Regulatory Surge, Federal Shifts Reshaping Workers’ Comp
Workers’ compensation is entering a period of heightened complexity as regulatory changes and policy shifts continue to unfold across federal and state levels. So far this year, a surge in legislative activity, combined with evolving federal healthcare policy and persistent … Source: Claims Journal
Read MoreFirst Brands Hit by $286 Million Claim for Alleged Tariffs Fraud
The U.S. government has joined the line of creditors impacted by alleged fraud at bankrupt auto-parts maker First Brands, in this instance for accusations the company cheated on how much it should have paid on tariffs. First Brands was hit … Source: Claims Journal
Read MoreHyundai Recalling 421,000 US Vehicles Over Software Brake Issue
Hyundai Motor is recalling 421,078 vehicles in the U.S. over a software error that may cause an unexpected application of brakes, the U.S. National Highway Traffic Safety Administration said on Friday. The recall covers certain 2025-2026 model Santa Cruz, Tucson, … Source: Claims Journal
Read MoreUS Supreme Court Denies Meta’s Challenge to Vermont Social Media Addiction Lawsuit
The U.S. Supreme Court declined on Tuesday to hear a bid by Meta Platforms to avoid a lawsuit brought by Vermont’s attorney general accusing the company of designing its Instagram social media app to be addictive to young users, as … Source: Claims Journal
Read MoreRegister: Risky Future AI Tools for Embedded Platforms ‘Demo Day’ on May 27
Insurance Journal’s Risky Future series is hosting the “AI Tools for Embedded Insurance Platforms” Demo Day, a series of free AI tool demonstrations designed exclusively for (re)insurers, MGAs/Program Administrators, marketplaces, and other tech and distribution platforms. This event focuses on … Source: Claims Journal
Read MoreActivision Shareholders Reach $250M Settlement Over Microsoft Buyout
Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them when Microsoft acquired the game maker for $75.4 billion in 2023, according to a filing made public on Friday in … Source: Claims Journal
Read MoreCalifornia Narrows Evacuation Area With Risk ‘Off the Table’
There is no longer a risk of a compromised chemical tank exploding in the suburbs of Los Angeles and evacuation orders for some of the more than 50,000 people were lifted, according to the Orange County Fire Authority. The county’s … Source: Claims Journal
Read More‘Decisive Sign of a Softened Market’: Premiums Decrease Across All Accounts
For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across all account sizes. During the first three months of 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey … Source: Claims Journal
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