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Getty Museum to Sell $500 Million of Debt for Fire Protection

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One of California’s most famed art institutions, the Getty, is turning to the bond market for $500 million to help preserve its masterpieces as the state prepares for another fire-prone summer. The J. Paul Getty Trust is expected to sell … Source: Claims Journal

Bankruptcy Judge Shoots Down $10 Billion J&J Settlement

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Johnson & Johnson shares fell the most in five years after the company’s plan to settle thousands of talc-related lawsuits through bankruptcy was shot down in court. The ruling means J&J will have to fight roughly 60,000 claims brought by … Source: Claims Journal

California’s Snowpack Data Likely Signals Another Fire-Prone Summer

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California is emerging from its wettest time of the year with new fire and drought risks. The state is scheduled to measure the snowpack amassed over winter on Tuesday — April 1 is the typical peak point before springtime melting. … Source: Claims Journal

Family of Canadian CEO Killed in Helicopter Crash Files $35 Million Lawsuit

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The family of Stephane Roy, a Canadian entrepreneur killed in a helicopter accident in 2019, has filed a C$50 million ($35 million) lawsuit against manufacturer Robinson Helicopter Co. Roy and his 15-year-old son Justin disappeared that summer while returning from … Source: Claims Journal

Fuji Media Report Calls for Grievance Mechanism After Sexual Assault Scandal

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Fuji Media should apologize to victims of a sexual assault scandal and set up a mechanism to address human rights-related grievances involving the company, according to a report commissioned by the Japanese broadcaster and released on Monday. The probe followed … Source: Claims Journal

Thai Watchdog Had Flagged Concerns Over Building That Collapsed in Earthquake

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An anti-corruption watchdog had flagged to authorities irregularities it found in the construction of a Bangkok skyscraper before it collapsed in an earthquake last week, killing at least 12 people, the head of the group told Reuters. Initial tests of … Source: Claims Journal

How A Long-Lived Super-Regional Carrier is Implementing AI in Claims

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Identifying the needs and pain points of customers and then developing solutions to better service them and other company partners—those are the most important promises that artificial intelligence and new technologies hold for those overseeing an ongoing transformation at Westfield. … Source: Claims Journal

France Fines Apple $162M Over iOS Data Tracking Consent

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France’s antitrust regulator fined Apple Inc. €150 million ($162 million) after a lengthy probe into how the technology company asks to collect iOS users’ data and the impact on advertisers. Apple’s ATT system is not allowing app publishers to comply … Source: Claims Journal

FTC Concerned About Privacy Protections in 23andMe Bankruptcy

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The U.S. Federal Trade Commission is concerned about the potential sale or transfer of Americans’ personal information by 23andMe ancestry testing company which recently filed for bankruptcy, the agency’s chairman said on Monday. Any purchaser of 23andMe assets should agree … Source: Claims Journal

Public Adjuster Pleads Guilty to Another Scam, This One on a Church in Georgia

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A notorious public adjuster, already in prison for scamming Louisiana and Texas residents out of insurance proceeds, last week pleaded guilty to defrauding Brotherhood Mutual Insurance Co. and a Georgia church out of millions of dollars after the church was … Source: Claims Journal