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Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
The flood insurance gap in the United States is big and it’s not getting better. Source: Claims Journal
Read MoreCalifornia and US West Threatened by Wildfires Over Coming Days
The fire threat across the U.S. West will rise Friday and remain dangerous through Saturday for many areas, including Northern California, as lightning strikes risk igniting dry vegetation. Critical fire weather conditions and dry lightning will prevail across the western … Source: Claims Journal
Read MoreCalifornia and US West Threatened by Wildfires Over Coming Days
The fire threat across the U.S. West will rise Friday and remain dangerous through Saturday for many areas, including Northern California, as lightning strikes risk igniting dry vegetation. Critical fire weather conditions and dry lightning will prevail across the western … Source: Claims Journal
Read MoreUS West Set to Sizzle This Summer While Northeast Stays Cooler
The U.S. West and Gulf Coast are set to broil this summer while the rest of the nation may face dreary and cool days — thanks in part to El Niño. The U.S. Climate Prediction Center sees the western and … Source: Claims Journal
Read MoreSweden May Oppose Tesla’s Supervised Self-Driving Tech in Europe Over Speeding Concerns
A Swedish transport authority is recommending a vote against the Europe-wide rollout of Tesla’s supervised self-driving software, unless the U.S. EV maker disables its ability to exceed legal speed limits, a regulatory letter shows. In a previously unreported letter dated … Source: Claims Journal
Read MoreMeta Lobbies Congress for Protection From Child-Harm Lawsuits
Meta Platforms has lobbied the U.S. Congress for legal immunity from child-harm claims tied to social media products such as Instagram, as it faces thousands of lawsuits from young users and their families, according to a source familiar with the … Source: Claims Journal
Read MorePaulson Wins $47 Million in Arbitration With Ex-Business Partner
John Paulson was awarded more than $47 million by an arbitrator who found that the billionaire’s former Puerto Rico business partner cheated him on one investment and usurped him on another. Fahad Ghaffar breached his fiduciary duty by advising Paulson … Source: Claims Journal
Read MoreSouth African Floods Inflicted Record $548 Million Damage on Cape
Recent flooding in South Africa’s Western Cape province, which includes the tourist hub of Cape Town, caused more than 9 billion rand ($548 million) of damage, a total that’s expected to rise once final assessments are completed. “Our infrastructure budget … Source: Claims Journal
Read MoreAmazon Workers Say Data Center Testimony Prompted HR Calls
Three Amazon.com Inc. workers say the company violated a Seattle ordinance by interrogating them after they testified in favor of regulation of data centers in the city. Darius Irani, Patrick Schloesser and Liesl Wigand, members of an employee group that … Source: Claims Journal
Read MoreUS Northeast Threatened by Severe Thunderstorms, Damaging Winds
More than 63 million Americans in a Northeast Corridor that spans Washington, through New York, to Boston are threatened by wild weather on Thursday, including severe thunderstorms and damaging winds. Source: Claims Journal
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