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One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes, according to three people familiar with the matter. French insurer AXA SA has been discussing … Source: Claims Journal

Since workers’ compensation shields an employer from liability, an insurer may not be able to rely on an employer liability exclusion in a commercial general liability policy to avoid claims. That’s the potentially costly message a federal appeals court has … Source: Claims Journal

Lawyers for a California man who says he developed a rare cancer from exposure to asbestos in Johnson & Johnson’s JNJ.N talc-based baby powder on Monday urged a jury to order the company to pay heavy punitive damages, calling its … Source: Claims Journal

TOKYO (AP) — Torrential rain pounded southwestern Japan, triggering floods and mudslides and leaving two people dead and at least six others missing, officials said Monday. Rain falling in the regions of Kyushu and Chugoku since the weekend caused flooding … Source: Claims Journal

Torrential downpours unleashed flash floods on the U.S. Northeast on Monday that washed out roadways, overwhelmed rivers, prompted 50 swift boat rescues and killed a woman who was swept away in front of her fiancé, officials said. More than 13 … Source: Claims Journal

ROLLING HILLS ESTATES, Calif. (AP) — Twelve homes were evacuated in a Los Angeles-area city after a major ground shift put them at risk of collapse, officials said Sunday. The city reported on its website Tuesday that 16 residents had … Source: Claims Journal

After a few tumultuous years, many of the logistical and manufacturing challenges that have plagued global supply chains are finally beginning to stabilize. One unfortunate trend that has not leveled off is cargo theft. With lingering inflation and other economic … Source: Claims Journal

A law passed by the state legislature in 2001 to address a court decision that created an exception to workers’ compensation exclusive remedy did not create a new exception, the Oregon Supreme Court ruled. In a unanimous decision Friday, the … Source: Claims Journal

The National Labor Relations Board on Thursday sued Starbucks over the coffee chain’s refusal to rehire 33 workers as it reorganized three downtown Seattle stores, including its flagship store in Pike Place Market. In a petition filed in Seattle federal … Source: Claims Journal

Torrential downpours pounded the U.S. Northeast on Monday, threatening catastrophic flooding across the region, where rains have washed out roadways, overwhelmed rivers, forced numerous rescues by boat and caused at least one fatality, officials said. Some 13 million Americans were … Source: Claims Journal