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Edison International CEO Pedro Pizarro told investors “no other viable alternatives have appeared” to explain what caused a massive wildfire in the Los Angeles area last year other than equipment owned by the company’s Southern California utility. The company now … Source: Claims Journal

Europe’s insurers are bracing for a new era of catastrophe risk fanned by rising temperatures in the world’s fastest-warming continent. Insurers, reinsurers and brokers contacted by Bloomberg are already predicting increased premiums and bigger losses tied to natural catastrophes. Importantly, … Source: Claims Journal

Former Red Lobster owner Thai Union Group Plc said the money-losing $20 all you-can-eat shrimp promotion that has become a focus of litigation arising from the restaurant chain’s bankruptcy wasn’t its idea, arguing that the company’s managers introduced it to … Source: Claims Journal

Brown & Brown anticipates that the cost of the Howden-driven talent war for the full-year 2026 could hit $60 million – an increase from the $31 million it estimated last quarter. “Based on currently available information, we anticipate the full-year … Source: Claims Journal

Amazon’s Zoox unit won U.S. approval on Wednesday for limited commercial deployment of its novel steering-wheel-free robotaxis, a first for the autonomous ride industry, the U.S. auto safety agency said Thursday. The exemption from National Highway Traffic Safety Administration rules … Source: Claims Journal

Humans, not artificial intelligence threats, are the cause of the large majority of cyber-attacks — for now. More than 85% of incurred cyber losses in the first half of 2026 were from attacks that exploited human error, specifically where the … Source: Claims Journal

SpaceX’s X and the World Federation of Advertisers (WFA) said on Wednesday they had settled litigation over an alleged advertiser boycott of the social media platform linked to the now-defunct Global Alliance for Responsible Media (GARM). The move marks a … Source: Claims Journal

The Federal Trade Commission, Utah and Los Angeles County sued Hims & Hers Health Inc. Wednesday for allegedly misleading consumers about its products and sharing their private health information with Meta Platforms Inc. and Snap Inc. Hims shares extended losses … Source: Claims Journal

A former Goldman Sachs senior compliance officer has been awarded £1.45 million ($1.93 million) for sex discrimination and unfair dismissal after he was fired while on parental leave, a London court has ruled. Jonathan Reeves, a Goldman veteran who last … Source: Claims Journal

The OpenAI models that hacked the startup Hugging Face Inc. this month also gained access to a customer account on the cloud platform Modal and used it to launch attacks, underscoring the broad scope of the incident. The agent gained … Source: Claims Journal