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McLarens Names Clark Chief Operating Officer
Global claims services provider McLarens promoted Jon Clark to chief operating officer. Clark will oversee the development of existing and new practice areas within McLarens, alongside assuming responsibility for investment strategy, and new product development. He was most recently McLarens’ … Source: Claims Journal
Read MoreOregon Wineries and Vineyards Seek $100M from PacifiCorp for Wildfire Smoke Damage
Dozens of Oregon wineries and vineyards have sued PacifiCorp over the deadly 2020 wildfires that ravaged the state, alleging that the utility’s decision to not turn off power during the Labor Day windstorm contributed to blazes whose smoke and soot … Source: Claims Journal
Read MoreSupreme Court Backs NRA in First Amendment Claim Against New York Regulator
The U.S. Supreme Court has revived a claim by the National Rifle Association (NRA) that a former New York regulator allegedly violated the organization’s First Amendment rights by coercing insurers and banks to terminate their business relationships with the NRA … Source: Claims Journal
Read MoreMore Than 196,000 Still Without Power in Texas and Arkansas After Storms
More than 196,000 homes and businesses in Texas and Arkansas were still without power on Thursday after storms battered the region earlier in the week, according to meteorologists and data from PowerOutage.us. That is down from more than 275,000 outages … Source: Claims Journal
Read MoreWegovy Maker Novo Nordisk Sues Nine Spas, Clinics And Pharmacies Over Copycat Drugs
Novo Nordisk said on Thursday it had sued nine more medical spas, wellness clinics and pharmacies in the U.S. for selling products claiming to contain semaglutide, the key ingredient in its popular weight-loss drug Wegovy. The Danish drugmaker first filed … Source: Claims Journal
Read More32.7M Homes at Risk of Hurricane Damage, Report Shows
More than 32.7 million residential properties are at risk of moderate or severe damage sustained from hurricane-force winds from Texas to Maine, a new report shows. The large number of at-risk homes in CoreLogic’s 2024 Hurricane Risk Report, which comes … Source: Claims Journal
Read MoreWind Farm Developer Settles for $125M over Scrapped Offshore Projects
Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company’s cancellation of two offshore wind farms last year — a little over a third of what the company once was required to pay. … Source: Claims Journal
Read MoreThe Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and Insurers
Last year while I was out of town, a roofing company showed up at my home and told my wife there had been a hailstorm recently, so they were visiting impacted neighborhoods and providing free inspection services. She let them … Source: Claims Journal
Read MoreFBI Takes Down Massive Global Army of Zombie Computer Devices
The FBI said it has dismantled what is likely the world’s largest botnet — an army of 19 million infected computers — that was leased to hackers for cybercrimes. The botnet, which was spread across more than 190 countries, enabled … Source: Claims Journal
Read MoreVisa, Mastercard to Pay $197 Million to Settle Consumer ATM Fee Lawsuit
Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the financial payment companies of keeping cash access fees artificially high. The plaintiffs’ lawyers revealed the proposed accord on Wednesday in … Source: Claims Journal
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