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California Gov. Gavin Newsom is circulating a legislative proposal to shore up a state fund for utilities that’s at risk of being depleted following the deadly wildfires that struck Los Angeles County in January. The plan would channel an additional … Source: Claims Journal

Data analytics firm Verisk said on Wednesday it will buy AccuLynx, which makes software for roofing contractors, for $2.35 billion as it looks for a bigger foothold in a key segment of the residential insurance market. The all-cash deal could … Source: Claims Journal

Voda Cleaning & Restoration named Sae Lee chief financial officer and chief strategy officer. In the dual role, Lee will oversee Voda’s financial operations, capital strategy, and long-term business planning, while also driving corporate development efforts that include strategic partnerships, … Source: Claims Journal

Zillow was sued on Wednesday by Homes.com owner CoStar Group, which accused the largest U.S. online real estate portal of publishing at least 46,979 copyrighted photos without permission. The complaint filed in Manhattan federal court seeks unspecified compensatory and punitive … Source: Claims Journal

The Fermi National Accelerator Laboratory, one of the Department of Energy’s 17 national labs, was attacked by hackers as part of a recent campaign seeking to exploit flaws in Microsoft Corp.’s SharePoint software. “Attackers did attempt to access Fermilab’s SharePoint … Source: Claims Journal

Cotality estimates that the recent Central Texas flash floods caused $1.1 billion in damage to residential buildings, with the National Flood Insurance Program providing as much as $135 million in insurance recoveries to home and business owners across the impacted … Source: Claims Journal

Coastal regions from Chile to the western U.S. were on edge after a powerful earthquake in Russia’s Far East triggered a tsunami that rippled across the Pacific, though warnings in Hawaii and Japan were downgraded. Four-foot waves (1.2-meter) were recorded … Source: Claims Journal

More than eight years on from the tragic Grenfell fire that claimed 72 lives, the U.K.’s home builders are still grappling with the long fall out from clearing up years of unsafe building practices. Taylor Wimpey Plc has set aside … Source: Claims Journal

The Trump administration is formally proposing to scrap the U.S. government’s authority to regulate greenhouse gases as an air pollutant, a move that sets the stage to severely weaken Washington’s ability to fight climate change. The Environmental Protection Agency on … Source: Claims Journal

A car rental company in Connecticut is under no obligation to confirm whether a customer’s driver’s license is subject to any restrictions; rather it is only required to inspect the physical license card to confirm that it is facially valid … Source: Claims Journal