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A gang leader who recruited other gang members and used violence, threats of violence, and extortion to take over the fire restoration business in New York City and defraud insurance companies has been sentenced to 12 years in prison. Jatiek … Source: Claims Journal

Berkshire Hathaway Inc.’s PacifiCorp said it agreed to pay $178 million to 403 victims of Oregon’s 2020 Labor Day wildfires, reducing the company’s exposure even as it still faces thousands of other claims. The accord announced Monday comes after attorneys … Source: Claims Journal

A top US spy chief said China is increasingly using its companies to find vulnerabilities in their own computer networks and then tapping that knowledge to target foreign nations and industries. “We’re really seeing China be very aggressive,” General Timothy … Source: Claims Journal

Toyota Motor Corp. and other carmakers embroiled in a fresh certification scandal halted shipments of a handful of models and saw their offices raided by government officials, but the impact on their customers and operations appears to be limited. Honda … Source: Claims Journal

Toyota will recall over 100,000 SUVs and pickup trucks in the U.S. over debris in the engine potentially causing it to stall, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall includes some Toyota Tundra pickup trucks … Source: Claims Journal

Johnson & Johnson must pay $260 million to an Oregon woman who said she got mesothelioma, a deadly cancer linked to asbestos exposure, from inhaling the company’s talc powder, a jury found on Monday. The verdict in the 4th Judicial … Source: Claims Journal

U.S. auto safety regulators said Monday they have opened a probe into nearly 75,000 Nissan 7201.T vehicles over reports of unintended deployments of side airbags. The National Highway Traffic Safety Administration probe covers 2015 model year Rogue Select vehicles after … Source: Claims Journal

Oregon utility regulators have rejected a request from PacifiCorp that sought to limit its liability in wildfire lawsuits. Under the proposal, PacifiCorp would only have been responsible for paying out actual economic damages in lawsuit awards. The company submitted the … Source: Claims Journal

Relatives of passengers who died in two jetliner crashes pushed federal officials to prosecute Boeing on criminal charges related to the accidents no later than this fall but said they got no commitment from the Justice Department. The Justice Department … Source: Claims Journal

How can artificial intelligence change propert/casualty insurance claim processing? Two industry experts answered that question from a few angles during Carrier Management’s annual InsurTech Summit. Frank Giaoui, founder and CEO of Optimalex Solutions, and Shane Riedman, general manager and vice … Source: Claims Journal