Uncategorized
Exchange: Phoenix Sees Spike in Catalytic Converter Thefts
PHOENIX (AP) — It’s a specific crime trend sweeping the nation and starts right underneath your car, and the surge is evident in the Phoenix area over the last two years. Thieves are targeting catalytic converters, your exhaust emission control … Source: Claims Journal
Read MoreLate Winter Storm Blasts South, Northeast With Snow and Wind
A late winter storm blasted the northeastern United States on Saturday with high winds and snow that could pile up to a foot high, sending temperatures plummeting and making travel hazardous after first taking aim at the Deep South. The … Source: Claims Journal
Read MoreHacked US Companies to Face New Reporting Requirements
WASHINGTON (AP) — Companies critical to U.S. national interests will now have to report when they’re hacked or they pay ransomware, according to new rules approved by Congress. The rules are part of a broader effort by the Biden administration … Source: Claims Journal
Read MoreFacing Purdue Owners Brings Pain, Closure for Opioid Victims
NEW YORK (AP) — Kara Trainor composed herself, looked into a camera and began to speak to the drugmakers she holds responsible for two decades of suffering that has extended from her to a son born dependent on opioids. Three … Source: Claims Journal
Read More8th Circuit: Malpractice Action May Proceed Before Underlying Lawsuit is Resolved
Legal malpractice claims usually aren’t filed until after somebody loses a lawsuit. But what happens when the underlying dispute hasn’t been resolved, but a litigant has to hire new counsel to clean up mistakes that were made during discovery? A … Source: Claims Journal
Read MoreViewpoint: Is Appraisal an Arbitration? Yes and No. Maybe. Sort of.
Appraisal and arbitration are similar – and different. Are they so similar that appraisal can be called a form of arbitration, or are they so different that appraisal is a thing unto itself? And most important, the next time you … Source: Claims Journal
Read MoreCitizens Still Struggling With Lawsuits, but Legal Fees and Payouts Decline
A committee of the Citizens Property Insurance Corp. governing body produced some good news on litigated claims and some bad news Thursday, giving further insight into a big part of Florida’s insurance market. The bad news first: The number of … Source: Claims Journal
Read MoreBehind Allianz’s $4 Billion Fund Blowup, Red Flags and Fat Fees
It’s every investor’s dream: Make money when markets go up, and when markets go down, and even when markets go practically nowhere. But inside Allianz SE, where a handful of hedge fund managers claimed they could do just that, few … Source: Claims Journal
Read MoreBOC Aviation Says Sanctions Deadline to End Russian Leases is ‘Unrealistic’
Aircraft lessor BOC Aviation Ltd 2588.HK believes a deadline giving lessors just over two weeks left to end contracts with Russian carriers due to sanctions over its invasion of Ukraine is “unrealistic,” a senior executive said on Thursday. “The EU … Source: Claims Journal
Read MoreIndonesia’s Mount Merapi Erupts Multiple Times, 250 Evacuate
YOGYAKARTA, Indonesia (AP) — Indonesia’s Mount Merapi volcano spewed avalanches of hot clouds in eruptions overnight Thursday that forced about 250 residents to flee to temporary shelters and left ash blanketing nearby villages and towns. No casualties were reported. The … Source: Claims Journal
Read More