Posts by Y@DminG
RYZE Acquires Leading-Edge Claims Service and Acorn Claims
RYZE Claims Solutions has acquired Leading-Edge Claims Service and Acorn Claims in separate deals. Leading-Edge will operate as a division of RYZE, and its founder, Troy Hansen, will lead operations. Southlake, Texas-based Leading-Edge Claims Service is a provider of claims … Source: Claims Journal
Read MoreVW, Stellantis, Renault Among Firms Fined $495M Million by EU
Volkswagen AG, Renault SA and Stellantis NV were among the hardest hit in a €458 million ($495 million) package of fines dished out by the European Union against carmakers for participating in an illegal cartel for the recycling of end-of-life … Source: Claims Journal
Read MoreSmoke Damage from LA Wildfires Leaves Questions to Be Answered
The question has come up wondering if smoke damage is covered for those homes that were impacted by the Los Angeles wildfires but were not damaged by the actual fires. A cloud of smoke from a fire is larger than … Source: Claims Journal
Read MoreGetty Museum to Sell $500 Million of Debt for Fire Protection
One of California’s most famed art institutions, the Getty, is turning to the bond market for $500 million to help preserve its masterpieces as the state prepares for another fire-prone summer. The J. Paul Getty Trust is expected to sell … Source: Claims Journal
Read MoreBankruptcy Judge Shoots Down $10 Billion J&J Settlement
Johnson & Johnson shares fell the most in five years after the company’s plan to settle thousands of talc-related lawsuits through bankruptcy was shot down in court. The ruling means J&J will have to fight roughly 60,000 claims brought by … Source: Claims Journal
Read MoreCalifornia’s Snowpack Data Likely Signals Another Fire-Prone Summer
California is emerging from its wettest time of the year with new fire and drought risks. The state is scheduled to measure the snowpack amassed over winter on Tuesday — April 1 is the typical peak point before springtime melting. … Source: Claims Journal
Read MoreFamily of Canadian CEO Killed in Helicopter Crash Files $35 Million Lawsuit
The family of Stephane Roy, a Canadian entrepreneur killed in a helicopter accident in 2019, has filed a C$50 million ($35 million) lawsuit against manufacturer Robinson Helicopter Co. Roy and his 15-year-old son Justin disappeared that summer while returning from … Source: Claims Journal
Read MoreFuji Media Report Calls for Grievance Mechanism After Sexual Assault Scandal
Fuji Media should apologize to victims of a sexual assault scandal and set up a mechanism to address human rights-related grievances involving the company, according to a report commissioned by the Japanese broadcaster and released on Monday. The probe followed … Source: Claims Journal
Read MoreThai Watchdog Had Flagged Concerns Over Building That Collapsed in Earthquake
An anti-corruption watchdog had flagged to authorities irregularities it found in the construction of a Bangkok skyscraper before it collapsed in an earthquake last week, killing at least 12 people, the head of the group told Reuters. Initial tests of … Source: Claims Journal
Read MoreHow A Long-Lived Super-Regional Carrier is Implementing AI in Claims
Identifying the needs and pain points of customers and then developing solutions to better service them and other company partners—those are the most important promises that artificial intelligence and new technologies hold for those overseeing an ongoing transformation at Westfield. … Source: Claims Journal
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