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Property and casualty insurer Travelers Companies Inc. reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday, as lower catastrophe-related claims cushioned a hit from investment losses. The company’s core income rose to $1.04 billion, or $4.22 … Source: Claims Journal

ST. LOUIS (AP) — When Hurricane Ida hit last summer, a storm surge overwhelmed a levee and gushed into Ted Falgout’s coastal Louisiana home, destroying his furniture and the beloved framed photos of his twin sons kissing him on their … Source: Claims Journal

BALTIMORE (AP) — A container ship the length of more than three football fields has finally been pried from the muddy bottom of the Chesapeake Bay more than a month after it ran aground. After two unsuccessful attempts to dislodge … Source: Claims Journal

DETROIT (AP) — A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case. Lawyers for stockholders of the … Source: Claims Journal

Johnson & Johnson said on Monday it agreed to pay $99 million to settle claims by West Virginia that it helped fuel an opioid addiction crisis in the state, removing the company from an ongoing trial that began earlier this … Source: Claims Journal

Insurers created the appraisal process to provide an efficient way to resolve disputes outside of the courtroom using disinterested experts, but lately insurer skepticism about appraiser impartiality has become a new source of litigation. Insurance defense attorneys are increasingly likely … Source: Claims Journal

RUIDOSO, N.M. (AP) — Authorities have lifted some evacuation orders for a mountain community in drought-stricken southern New Mexico as firefighters worked Saturday to contain a wind-driven blaze that killed two people and destroyed over 200 homes. The evacuation orders … Source: Claims Journal

BOSTON (AP) — Multiple U.S. government agencies issued a joint alert Wednesday warning of the discovery of a suite of malicious cyber tools created by unnamed advanced threat actors that are capable of sabotaging the energy sector and other critical … Source: Claims Journal

PHOENIX (AP)– Arizona victims of long-ago child sex abuse can proceed with lawsuits against groups like the Boy Scouts of America after the state Supreme Court rejected claims that a state law extending victims’ right to sue was unconstitutional. Arizona … Source: Claims Journal

COLUMBIA, S.C. (AP) — Ten people were shot and two others injured in a shooting at a busy shopping mall in South Carolina’s capital that authorities do not believe was a random attack. Three people who had firearms have been … Source: Claims Journal