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The New York Knicks sued the Toronto Raptors, claiming a former Knicks employee stole scouting reports and other proprietary information after getting a job offer at the rival National Basketball Association team. The Knicks filed suit Monday against the Raptors, … Source: Claims Journal

Berkley Assurance Co. is asking a federal judge in Virginia to throw out a $5.8 million jury verdict against it in a case where the insurer maintains a construction firm failed to notify it of its mold claim in a … Source: Claims Journal

United Airlines has agreed to a $30 million settlement after a deplaning incident left a quadriplegic man in a vegetative state, court papers show. The settlement with the family of Nathaniel Foster Jr, known as N.J., was disclosed on Tuesday … Source: Claims Journal

The Biden administration on Tuesday finalized tighter rules for complex devices meant to prevent catastrophic blowouts on offshore oil and gas drilling rigs, reversing some Trump administration policies and returning to a more stringent regulatory stance adopted after the 2010 … Source: Claims Journal

Advancing flames devoured forests and homes as dozens of wildfires raged across Greece on Wednesday, leaving 20 people dead over the past three days, while major blazes also burned in northwestern Turkey near the Greek border and on Tenerife in … Source: Claims Journal

Drugmaker Mallinckrodt aid on Wednesday it expects to file for a second bankruptcy in the coming days, after reaching a debt reduction deal that would cut $1 billion from the amount it owes to victims of the opioid crisis. The … Source: Claims Journal

The U.S. workplace safety regulator said on Wednesday it was investigating a recent chemical solvent leak at an Ohio battery plant jointly owned by General Motors and South Korea’s LG Energy Solution The joint venture, Ultium Cells LLC, said on … Source: Claims Journal

Property and casualty insurer RLI Corp said on Wednesday it expects to record pretax net catastrophe losses of between $65 million and $75 million from Hawaiian wildfires in the third quarter of 2023. Wildfires earlier this month on Hawaii’s Maui, … Source: Claims Journal

FedEx Corp. is pressuring delivery contractors to improve safety after mounting accidents helped trigger a near-tripling of insurance costs over the decade. FedEx is requiring contractors that deliver packages on behalf of the company’s Ground unit to install vehicle cameras … Source: Claims Journal

The workers’ compensation industry and state and federal tax authorities are losing hundreds of millions of dollars every year from fraud schemes involving shell companies in the construction industry, federal authorities are warning. The schemes, in which the shell companies … Source: Claims Journal