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Lack of Hurricanes Is Leading to Lack of Experience for Adjusters
A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from Hurricane Melissa, which caused catastrophic damage in Jamaica before impacting the surrounding area—without any U.S. … Source: Claims Journal
Read MoreTesla Recalling 10,500 Powerwall 2 Batteries Due to Fire Risk
Tesla said on Thursday it is recalling about 10,500 units of its Powerwall 2 battery power systems in the U.S. for fire and burn hazards after receiving 22 reports of overheating. The U.S. Consumer Product Safety Commission said the recall … Source: Claims Journal
Read MoreLA County Launches Investigation into State Farm Over Wildfire Claims Handling
Los Angeles County is conducting an investigation into State Farm’s handling of insurance claims from the devastating L.A. wildfires in January. The investigation was ordered by the L.A. County Board of Supervisors, and it focuses on potential violations of California’s … Source: Claims Journal
Read MoreAsahi’s Cyber Woes See Rivals Tap Further into Japan Beer Market
The ransomware shut down key internal systems managing Asahi’s orders and shipments. The company was forced process transactions manually, and has yet to provide a timeline for full restoration. Source: Claims Journal
Read MoreLos Angeles Braces for Drenching Storms, Potential Flooding
California is set to be drenched in coming days as heavy rain and snowstorms uncoil off the Pacific Ocean, potentially bringing Los Angeles a month’s worth of rain and prompting evacuation warnings in areas burned by last January’s fires. The … Source: Claims Journal
Read MoreLondon’s Rich Come to Grips With Floods on Their Doorstep
As London struggles to adapt to the reality of more frequent and powerful floods, its wealthier corners are emerging as some of the most at risk. Last month in the affluent London neighborhood of South Hampstead, homeowners packed a community … Source: Claims Journal
Read MoreBoeing Ordered to Pay $28M to 737 MAX Crash Victim’s Family
A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than $28 million to the family of a United Nations environmental worker who was killed in the 2019 crash of a 737 MAX jet in Ethiopia. … Source: Claims Journal
Read MoreMounting Oregon Wildfire Claims Threaten Ratings of Berkshire’s PacifiCorp
A Berkshire Hathaway Energy Co.-owned utility is at risk of losing its investment-grade credit rating as it expects to have to pay up more money for litigation brought by victims of 2020 wildfires in Oregon. PacifiCorp recently warned that it … Source: Claims Journal
Read MoreMounting Oregon Wildfire Claims Threaten Ratings of Berkshire’s PacifiCorp
A Berkshire Hathaway Energy Co.-owned utility is at risk of losing its investment-grade credit rating as it expects to have to pay up more money for litigation brought by victims of 2020 wildfires in Oregon. PacifiCorp recently warned that it … Source: Claims Journal
Read MoreReport Shows 70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers
A new survey reveals consumer frustration with auto insurance pricing models and growing support for more transparency in how policies are priced and for telematics. The new research from mobility data and analytics company Arity suggests that drivers who feel … Source: Claims Journal
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