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The White House is seeking roughly $4 billion in additional emergency funding from Congress for costs related to the collapse and repair of the Francis Scott Key bridge in Baltimore and to respond to other disasters that have occurred around … Source: Claims Journal

Record-breaking Hurricane Beryl is intensifying as it churns through the Caribbean south of Grenada, where it’s forecast to unleash catastrophic winds, life-threatening storm surge and flooding rains. Beryl regained Category 4 strength after briefly weakening, the US National Hurricane Center … Source: Claims Journal

The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or taking the risk of going to trial, according to people familiar with the matter. Boeing has until the end of … Source: Claims Journal

A Texas nonprofit health system who purchased a specialized commercial property insurance policy is not covered for business interruption losses caused by COVID-19, a 5th Circuit Court of Appeals panel ruled, relying on existing precedent that COVID-19 does not physically … Source: Claims Journal

Citigroup Inc. asked a court to dismiss a lawsuit by a former senior data compliance official who accused it of firing her for refusing to mislead a regulator about the bank’s data governance practices. Kathleen Martin was “lawfully and legitimately … Source: Claims Journal

In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below 50 in 2020 to over 70 in 2021 and 2023, a new analysis shows. The S&P Global Market Intelligence analysis … Source: Claims Journal

The U.S. auto safety regulator said on Friday it has opened a recall query into over 120,000 Honda 7267.T Ridgeline U.S. vehicles over rear-view camera (RVC) failures. The U.S National Highway Traffic Safety Administration (NHTSA) said the query concerned the … Source: Claims Journal

Homeowners are cutting back on dining out, travel, groceries and even medication to afford their soaring property insurance premiums. One in 10 are considering relocating to an area with lower premiums. Within the last five years, homeowners’ insurance premiums have … Source: Claims Journal

The National Football League was hit with about $4.7 billion in damages — which stands to be tripled to $14 billion under federal law — after losing a jury trial over anticompetitive features of its Sunday Ticket broadcast package. A … Source: Claims Journal

The US Supreme Court tossed Purdue Pharma LP’s $6 billion opioid settlement, nixing a deal that would have funded opioid epidemic relief efforts in exchange for protecting the company’s billionaire owners from lawsuits alleging they helped fuel the addiction crisis. … Source: Claims Journal