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Royal Bank of Canada’s former CFO Nadine Ahn has filed a wrongful-termination lawsuit against the bank, and alleged that “gender-based stereotyping” was at play in her dismissal. In April, RBC, Canada’s biggest bank, said it had terminated Ahn after its … Source: Claims Journal

Another group of broker-dealer and investment advisers have agreed to pay over $470 million to U.S. regulators to settle civil charges they violated recordkeeping rules, the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission said in statements on … Source: Claims Journal

A federal judge in Florida has temporarily blocked a U.S. Federal Trade Commission rule that would ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses, becoming the second judge to rule that the … Source: Claims Journal

More than three-fourths of properties flooded by Hurricane Debby were outside a designated flood hazard area and were likely to be uninsured for the water loss. Many of those properties were concentrated in spots seemingly far away from where the … Source: Claims Journal

Five law firms should receive $267 million in legal fees for obtaining a $1 billion settlement for shareholders of Dell Technologies, the Delaware Supreme Court ruled on Wednesday, rejecting arguments that the payment was a windfall. The fee is one … Source: Claims Journal

More favorable mid-year 2024 results of U.S. personal auto insurers are likely to continue through the end of 2024 and into 2025 due to material price increases and a moderation of claims severity trends “vastly” improving the segment’s profit footing, … Source: Claims Journal

Moody’s RMS Event Response estimates U.S. private market insured losses from Hurricane Debby won’t exceed $1.5 billion, which represents insured losses associated with wind, storm surge, and precipitation-induced flooding. Moody’s also estimates losses to the National Flood Insurance Program from … Source: Claims Journal

Johnson & Johnson is preparing to unveil widespread support in coming days for a $6.48 billion offer to settle tens of thousands of legal actions alleging its Baby Powder and other talc products caused cancer, two people familiar with the … Source: Claims Journal

Just as a Southeastern U.S. blood center tries to recover from another cyberattack on a health system, others who have lived through the pain offered some words of wisdom in a webinar Tuesday that could help providers minimize disruption as … Source: Claims Journal

About 375,000 homes and businesses were in the dark in Puerto Rico after Tropical Storm Ernesto brushed past early Wednesday, pounding the island with torrential rain and winds. The storm is likely to become a hurricane in the coming hours … Source: Claims Journal