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After a job-site injury left independent contractor Ernest Guthrie paralyzed below the waist, two insurers for the contractor that hired him agreed to pay the full policy limits — $1 million each — only one month after receiving a payment … Source: Claims Journal

A federal judge in New Jersey has ruled that a New Jersey property owner is not entitled to insurance coverage for a shooting because it never disclosed it owned the banquet hall where the shooting took place on its two … Source: Claims Journal

NEW YORK –– U.S. distillate inventories fell more than expected as a winter storm gripped the United States at the end of December and refineries produced fuel at their lowest rate for nearly two years, data from the U.S. Energy … Source: Claims Journal

OKLAHOMA CITY (AP) — Oklahoma entered settlement agreements with three major pharmacy chains and an opioid manufacturer totaling more than $226 million, Attorney General John O’Connor announced Wednesday. Including the new settlements with drugmaker Allergan and pharmacy chains CVS, Walgreens … Source: Claims Journal

MINNEAPOLIS (AP) — Major winter storms continued to dump on California and a stretch of the Upper Midwest on Wednesday, with heavy rain on the West Coast and heavy snow in the north-central states — as a possible tornado damaged … Source: Claims Journal

RALEIGH, N.C. (AP) — Duke Energy Corp. executives on Tuesday blamed a convergence of widespread extreme cold, higher than projected demand, malfunctioning plant equipment and the inability to buy power elsewhere for rolling blackouts on Christmas Eve — the first … Source: Claims Journal

LONDON (AP) — European Union regulators on Wednesday hit Facebook parent Meta with hundreds of millions in fines for privacy violations and banned the company from forcing users in the 27-nation bloc to agree to personalized ads based on their … Source: Claims Journal

NEW YORK –– Trader Joe’s was sued on Wednesday by a consumer who accused the grocery chain of misleading and endangering shoppers by selling dark chocolate that contains harmful levels of lead and cadmium. The proposed class action was filed … Source: Claims Journal

The Hanover Appoints Claims Leader The Hanover Insurance Group has appointed David J. Lovely executive vice president and chief claims officer. Lovely joins The Hanover from PricewaterhouseCopper, where he was responsible for building a new practice to help clients strengthen … Source: Claims Journal

Canadian Imperial Bank of Commerce plans to appeal a New York judge’s order that it pay about $848 million in damages to private equity firm Cerberus Capital Management, in a contract dispute tied to the 2008 global financial crisis. In … Source: Claims Journal