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Damage to U.S. homes due to lightning resulted in $1.2 billion in homeowners insurance claims in 2023, up 30% from 2022.. The number of lightning-caused U.S. homeowners insurance claims increased by 13.8% over 2022, with numbers from the top 19 … Source: Claims Journal

Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by hiding its anticompetitive sales and licensing practices. A preliminary all-cash settlement was filed on Tuesday with the federal court in … Source: Claims Journal

A cohort of Russian-speaking hackers is demanding $50 million from a UK lab-services provider to end a ransomware attack that has paralyzed services at London hospitals for weeks, according to a representative for the group. Qilin, as the group is … Source: Claims Journal

Cybercriminals are demanding payments of between $300,000 and $5 million apiece from as many as 10 companies breached in a campaign that targeted Snowflake Inc. customers, according to a security firm helping with the investigation. The hacking scheme has entered … Source: Claims Journal

A U.S. judge rejected Meta Platforms’ bid to dismiss a lawsuit by billionaire Australian mining magnate Andrew Forrest over scam Facebook advertisements that show him promoting fake cryptocurrency and other fraudulent investments. In a decision on Monday, U.S. District Judge … Source: Claims Journal

California’s largest business and labor groups agreed to change a landmark law that has helped workers sue companies such as Walmart Inc., Uber Technologies Inc. and Google for workplace violations. The deal caps years of efforts by the state’s employers … Source: Claims Journal

Dollar Tree Inc. continued to sell children’s applesauce tainted with “extremely high” levels of lead long after the company recalled the product due to contamination concerns, US regulators said. The discount store kept pouches of tainted cinnamon applesauce on store … Source: Claims Journal

Atlantic hurricane risk in the U.S. continues to increase “substantially as oceanic and atmospheric conditions reach a point where tropical cyclone formation” is becoming increasingly favorable, putting the season’s outlook on par with some past massive and destructive seasons, storm … Source: Claims Journal

Parts of the Texas coast and northeastern Mexico are bracing for tropical storm conditions on Wednesday, as a potential system churns its way through the Bay of Campeche, the US National Hurricane Center said. With winds of 40 miles per … Source: Claims Journal

Johnson & Johnson should be on the hook for potentially billions of dollars in medical fees for women who used its talc-based baby powders and want to monitor their future health over cancer fears, according to a lawsuit. Lawyers representing … Source: Claims Journal