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Live Nation Ticket Buyers Sue for $5B in Wake of U.S. Justice Department Case
Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to break up the two companies on Thursday. The first consumer class-action … Source: Claims Journal
Read MoreTexas Braces for Violent Weather in Wake of Recent Deadly Storms
Nearly 11 million people in the heart of Texas, including Austin, Fort Worth and Dallas, face an enhanced threat of severe thunderstorms on Tuesday, the US Storm Prediction Center said. The systems bring the “potential for significant damaging wind and … Source: Claims Journal
Read MoreFamilies of Marines Killed in Osprey Crash Sue Boeing, Bell, Rolls Royce
Families of four of the five Marines killed when their Osprey crashed in California in June of 2022 filed a federal lawsuit alleging that the aircraft’s manufacturers failed to address known mechanical failures that led to the deaths. The Marines … Source: Claims Journal
Read MoreABN Amro Is Latest Bank to Suffer Breach After Hack at Supplier
ABN Amro Bank NV became the latest European lender to suffer a data breach through one of its suppliers as criminals seek to exploit weaker links adjacent to banking. The Dutch bank said in a statement Friday unauthorized parties may … Source: Claims Journal
Read MoreAlphabet’s Waymo Probe Expanded After More Robocar Incidents
The top US auto-safety regulator expanded its investigation into Waymo, the autonomous-vehicle subsidiary of Alphabet Inc., after more incidents were identified in which the company’s cars were involved in collisions or may have violated traffic laws. The US National Highway … Source: Claims Journal
Read MoreReclassification of Marijuana is Underway, but Approval for Workers’ Comp and Auto Injuries Will Take Time
Barely noticed outside marijuana industry groups, the Biden Administration has been moving to change the classification of marijuana as a less dangerous drug. That follows a recommendation by the U.S. Department of Health and Human Services to the Drug Enforcement … Source: Claims Journal
Read MoreAllianz is Lead Insurer for Singapore Airlines Plane, Sources Say
Allianz is the lead insurer for the Singapore Airlines aircraft which left one person dead and scores injured after it hit severe turbulence and had to be diverted to Bangkok this week, two sources said on Thursday. The sources familiar … Source: Claims Journal
Read MoreAon Claims Study Highlights in Reps & Warranties Transactions
A new study from Aon on Representations and Warranties in transactions shows that compliance with laws has grown to become the third most significant driver of loss, behind only financial statements and material contracts. Aon released its Global Transaction Solutions … Source: Claims Journal
Read MoreBoeing Faces ‘Long Road’ on Safety Issues, FAA Says
U.S. planemaker Boeing faces a “long road” to address safety issues, the head of the Federal Aviation Administration said on Thursday as it prepares to receive the company’s plan to address concerns. In late February, FAA Administrator Mike Whitaker gave … Source: Claims Journal
Read MoreBayer Calls Roundup Suits Existential Threat to Company, Farming
Bayer AG Chief Executive Officer Bill Anderson said the wave of lawsuits over its Roundup weedkiller is an “existential” threat to the company and farmers, ratcheting up the stakes as it considers a controversial legal maneuver. “The glyphosate litigation topic … Source: Claims Journal
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