Industry News
Removing toxic waste from the foothills and coastal canyons where more than 16,000 homes and businesses burned down in the Los Angeles wildfires was always going to be an unprecedented challenge in a densely-populated, traffic-choked metropolis. And then the Trump …
Via: Claims Journal
A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one example — after last month’s wildfires that destroyed thousands of homes, the city attorney’s office alleged in a lawsuit. Blueground …
Via: Claims Journal
President Trump was sworn in for a second term the morning of January 20, and he spent the rest of that day setting a record for the most ever Day 1 executive actions. Among those Day 1 executive actions (and …
Via: Claims Journal
A former trader on Deutsche Bank’s distressed credit desk, known for helping the German lender net nearly $1 billion in profit from a single trade, is taking legal action against the bank over his termination last summer. Mark Spehn, 39, …
Via: Claims Journal
An insurance company says it is not obligated to defend or indemnify the owners and managers of a Memphis apartment complex who are facing a $30 million wrongful death lawsuit stemming from the fatal shooting of a 14-year old boy …
Via: Claims Journal
New York City and the Northeast will slip into Thursday morning’s rush hour on a carpet of sleet, freezing rain and possible snow. Winter weather advisories are up from Oklahoma to Massachusetts in advance of the fast-moving system that will …
Via: Claims Journal
USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties. The company, which is among …
Via: Claims Journal
Bigger vehicles may be safer, but only marginally, and they carry risks to other vehicles on the road, new research from the Insurance Institute for Highway Safety shows. For vehicles weighing less than fleet average, the risk that occupants will …
Via: Claims Journal
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis. The Detroit automaker said it plans to integrate the Cruise technology into its …
Via: Claims Journal
Federal law enforcement agencies are rolling out one of the most extensive Super Bowl security operations in recent history, following the deadly New Year’s Day terrorist attack in New Orleans. The heightened measures come as an estimated 125,000 visitors prepare …
Via: Claims Journal