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Sotheby’s Defeats Most of Russian Billionaire’s Fraud Suit
Sotheby’s won dismissal of most claims by a Russian billionaire who accused the auction house of helping to defraud him in the purchase of a world-class art collection featuring works by Pablo Picasso, Auguste Rodin, and Henri Matisse. But Sotheby’s … Source: Claims Journal
Read MoreTrain Derailment Probe Finds Melted Covers on Valves on 3 Cars With Chemicals
The investigation into the Ohio train derailment has found that aluminum parts on three tank cars may have melted and caused pressure relief devices not to function, contributing to the release of toxic chemicals last month, the National Transportation Safety … Source: Claims Journal
Read MoreClaims People: Great American, Mitchell Sandler, CAC Specialty
Great American Appoints Claims VP for Pomi Great American Insurance Group appointed Steve Milano as divisional vice president of claims at its Accident & Health Division, which has the brand name Pomi. Mikano will lead all aspects of claims within … Source: Claims Journal
Read MoreCardinal Health, McKesson Prevail in Georgia Families’ Opioid Trial
Drug distributors Cardinal Health Inc., McKesson Corp. and JM Smith Corp. on Wednesday prevailed at trial in Georgia in a case brought by families of opioid addicts accusing the companies of acting as drug dealers. A jury in Glynn County … Source: Claims Journal
Read MoreNew York City Agrees to $6M Settlement Over Police Response to George Floyd Protests
About 320 people arrested during a George Floyd protest in the Bronx on June 4, 2020, and who claim the police used excessive force and violated their civil rights, will each receive about $21,500 under a settlement proposal agreed to … Source: Claims Journal
Read MorePush to Require Clergy to Report Abuse Stalls in Mormon Utah
SALT LAKE CITY (AP) – Lindsey Lundholm looked out over hundreds of people at the Utah State Capitol last year and felt a deep sense of healing. Abuse survivors, religious leaders and major party politicians were all gathered to rally … Source: Claims Journal
Read MoreInsurer Faces Class Action for Depreciating Labor in Actual Cash Value Payments
Two Trumbull Insurance customers who believe they were short-changed on claims payments have filed a proposed class action suit against the insurer, alleging Trumbull has been incorrectly calculating some property claim payments by deducting labor depreciation. The complaint (Grawe v … Source: Claims Journal
Read MoreShipping Companies Reach $97M California Oil Spill Agreement
SANTA ANA, Calif. (AP) — Shipping companies will pay nearly $97 million to settle a lawsuit with a pipeline operator over a 2021 oil spill off the coast of Southern California, the pipeline company said Wednesday. Amplify Energy, the Houston-based … Source: Claims Journal
Read MoreTo the Rooftops: Staggering Snowfall in California Mountains
LOS ANGELES (AP) — California’s latest winter storm was tapering off early Wednesday, but dangerous conditions persisted, including widespread freezing as skies cleared in the north. In the Sierra Nevada in Northern California, where blizzard warnings were issued overnight and … Source: Claims Journal
Read MoreCyclone Lashes Pacific’s Vanuatu as Residents Hunker Down
WELLINGTON, New Zealand (AP) — Residents of Vanuatu were hunkering down Wednesday as a cyclone barreled through the Pacific island nation. Authorities said that there were power outages in some areas and many fallen trees and branches, but it was … Source: Claims Journal
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