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More than 2.6 million homes across 14 states with a total reconstruction cost of $1.3 trillion are at moderate to very high risk of wildfire damage during the 2024 wildfire season, a new report shows. The 2024 CoreLogic Wildfire Risk … Source: Claims Journal

In 2022, a covert practice by unscrupulous lawyers targeting insurers was uncovered by Demotech Inc., a financial analysis firm serving the property/casualty insurance sector. Demotech’s research conducted with Todd Kozikowski exposed troubling trends detailed recently. A sharp rise in claims … Source: Claims Journal

The family of a Texas man who died while working at Tesla’s Austin-area facility last week is suing the electric vehicle company and his employer. The lawsuit said the worker, Victor Joe Gomez Sr., was at the facility on Aug. … Source: Claims Journal

Plaintiffs’ attorneys in a federal antitrust lawsuit against the NCAA that is not part of a recent $2.78 billion settlement agreement filed a motion asking a judge to deny preliminary approval of the deal. Attorneys in Fontenot v. the NCAA, … Source: Claims Journal

Johnson & Johnson has cleared a key hurdle for advancing a $6.5 billion plan to resolve thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter. More than 75% of … Source: Claims Journal

The number of Florida claims from Hurricane Debby, filed within five days of the storm, already is almost half of the the number of claims filed in Hurricane Idalia in a three-month period. Debby claims by Friday had reached more … Source: Claims Journal

Hawaiian Electric Industries Inc. pegged losses from estimated accrual of liabilities stemming from one of the worst wildfires in US history at $1.7 billion and issued a going-concern warning. Hawaiian Electric said last week that it had agreed to pay … Source: Claims Journal

The number of workers’ compensation claims for student-on-school-employee assault dropped significantly during the 2023-24 school year, according to data from Gallagher Basset. This change comes after two years of increasing claims following the 2020-21 school year. Citing client numbers covering … Source: Claims Journal

U.S. auto safety regulators said on Friday that it was opening a preliminary evaluation into approximately 332,288 Hyundai SUVs in the United States over a potentially faulty seat belt. The investigation focuses on certain Hyundai Palisade SUVs from model years … Source: Claims Journal

Car insurance premiums have gone up by 15% since the beginning of the year, and they are projected to be up 22% by the end of the year, a new report shows. The annual average full-coverage car premium price is … Source: Claims Journal