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Uniqlo Sues Shein for Allegedly Copying Viral Shoulder Bag

Uniqlo, part of Fast Retailing Co., sued Shein in Japan, accusing the Chinese retailer of copying its popular Round Mini Shoulder bag. The entities that operate the Shein brand must immediately cease sales of “imitation products” and compensate for damages, … Source: Claims Journal

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Natural Disasters Led to $250B in Global Losses Last Year

Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half that amount actually covered by insurers, according to data compiled by Munich Re. The bill exceeds the 10-year average, and … Source: Claims Journal

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