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Los Angeles County has reached a $4 billion agreement to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959, officials said. The agreement, which still needs approval from the Los Angeles County Board of Supervisors, far surpasses … Source: Claims Journal

Some customer information from Singapore’s DBS Group and Bank of China’s branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT). DBS said on Monday customer statements of around 8,200 … Source: Claims Journal

Bayer said it was again petitioning the U.S. Supreme Court to sharply limit legal claims that its Roundup weedkiller causes cancer, seeking to avoid potentially billions of dollars in damages. Bayer said in its petition that consumers should not be … Source: Claims Journal

A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather. From April 2 to April 6, a rare weather system … Source: Claims Journal

As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set for hedge funds to pursue market-beating returns fanned by climate change. The investment model in question is built around so-called … Source: Claims Journal

U.S. and Canada auto sales could decline by 1.8 million vehicles this year and be stagnant over the next decade if the global trade war escalates, a Detroit-area automotive advisory firm forecasts. If the current tariffs stay in place until … Source: Claims Journal

Viatris said on Monday it would pay up to $335 million over nine years as part of a nationwide settlement to resolve opioid-related claims against the drugmaker. Shares of the Pennsylvania-based company, formed by the merger of Mylan and Pfizer’s … Source: Claims Journal

Chevron was ordered to pay $740 million to restore damages the oil and gas major caused to southeast Louisiana’s coastal wetlands, the Associated Press reported on Friday. The ruling — delivered by a jury — awarded $575 million for land … Source: Claims Journal

Half of homeowners worry their homes will be uninsurable in the future, a new survey shows. The results of a new survey from ValuePenguin represents a sharp rise from a 2024 poll that shows 26% worried their homes will be … Source: Claims Journal

HONK has named Buck Teal executive vice president of sales and partnerships. Teal will lead efforts to grow revenue and expand strategic relationships. Teal has 15 years of experience in enterprise sales at companies including Uber, Yahoo and LifeLock. Los … Source: Claims Journal