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The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories, one from the Financial Crimes Enforcement Network (FinCEN) and … Source: Claims Journal

The federal judge overseeing the bankruptcy of the Archdiocese of Santa Fe granted a motion to allow lawyers representing a group of victims of clergy abuse to pursue over $245 million of church assets for their clients. The Archdiocese of … Source: Claims Journal

When the coronavirus pandemic shut down bars and concert halls in March, a new phenomenon was born: the vacation-rental nightclub. Professional party promoters started scanning Airbnb, Vrbo and other short-term rental sites for mansions and luxury condos for hire. Tickets … Source: Claims Journal

A California appeals court on Tuesday listened to arguments by lawyers for Uber Technologies Inc , Lyft Inc and the state of California about whether the state can recognize their drivers as employees with the right to minimum wage, overtime … Source: Claims Journal

SAN FRANCISCO — Investigators are looking into the possibility that tree branches hitting Southern California Edison electrical equipment may have sparked a fire in the mountains near Los Angeles that destroyed nearly 90 homes, the utility said Monday. A 23-foot-long … Source: Claims Journal

DETROIT — The U.S. government’s road safety agency is investigating complaints that the Chevrolet Bolt electric vehicle can catch fire. The probe by the National Highway Traffic Safety Administration covers nearly 78,000 Bolts made by General Motors from the 2017 … Source: Claims Journal

Microsoft announced legal action Monday seeking to disrupt a major cybercrime digital network that uses more than 1 million zombie computers to loot bank accounts and spread ransomware, which experts consider a major threat to the U.S. presidential election. The … Source: Claims Journal

Hurricane Delta caused from $700 million $1.2 billion in insured losses from wind damage and storm surge, and an additional $800 million to $1.5 billion in losses to offshore structures, CoreLogic said Tuesday. The damage is far less than estimated … Source: Claims Journal

Johnson & Johnson was accused in a lawsuit of falsely promising billions of dollars in future payments to Auris Health Inc. investors last year when J&J agreed to spend as much as $5.7 billion to acquire the company. Fortis Advisors … Source: Claims Journal

On the day after Hurricane Delta cut its ruinous path across southern Louisiana, Dick Frerks pointed to a lone 20-foot pylon rising from the bayou and summed up what he’d lost. “Our house used to be on top of that,” … Source: Claims Journal