News Archives - Claims Journal

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28 01, 2025

Edison Shares New Details on Transmission Lines in Eaton Amid Wildfire Probe

By | January 28th, 2025|Uncategorized|Comments Off on Edison Shares New Details on Transmission Lines in Eaton Amid Wildfire Probe

Southern California Edison, a unit of utility Edison International, said on Monday preliminary analysis of data showed a “momentary and expected increase in current” on its energized lines in the Eaton Canyon corridor on Jan. 7 evening. Fire officials have …

22 01, 2025

Wildfire-Risk Models Are Struggling to Predict LA-Style Fires

By | January 22nd, 2025|Uncategorized|Comments Off on Wildfire-Risk Models Are Struggling to Predict LA-Style Fires

Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate change. It’s a major problem for homeowners, insurers and investors, as …

28 01, 2025

J&J Talc Deal Should Be Rejected in Bankruptcy, Holdouts Say

By | January 28th, 2025|Uncategorized|Comments Off on J&J Talc Deal Should Be Rejected in Bankruptcy, Holdouts Say

Holdout creditors who claim tainted baby powder gave them ovarian cancer urged a judge to reject Johnson & Johnson’s plan to force an end to all related cancer lawsuits. The proposed settlement — worth more than $8 billion — wrongly …

28 01, 2025

Man on Workers’ Comp for 3 Years Caught on Video Carrying 48-Lb Table

By | January 28th, 2025|Uncategorized|Comments Off on Man on Workers’ Comp for 3 Years Caught on Video Carrying 48-Lb Table

A Pierce County, Washington, man has been ordered to pay back more than $60,000 to Washington’s workers’ compensation fund after videos reportedly showed he was working and carrying heavy objects in the years he was allegedly unable to work from …

31 01, 2025

DeepSeek’s AI Restricted by ‘Hundreds’ of Companies in Days

By | January 31st, 2025|Uncategorized|Comments Off on DeepSeek’s AI Restricted by ‘Hundreds’ of Companies in Days

Companies and government agencies around the world are moving to restrict their employees’ access to the tools recently released by the Chinese artificial-intelligence startup DeepSeek, according to the cybersecurity firms hired to help protect their systems. “Hundreds” of companies, particularly …

6 02, 2025

Startup Accused of Gouging LA Fire Victims on Rent

By | February 6th, 2025|Uncategorized|Comments Off on Startup Accused of Gouging LA Fire Victims on Rent

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 …

27 01, 2025

South Korea’s Preliminary Jeju Air Crash Report Focuses on Bird Strike

By | January 27th, 2025|Uncategorized|Comments Off on South Korea’s Preliminary Jeju Air Crash Report Focuses on Bird Strike

South Korea released a preliminary report into last month’s deadly Jeju Air Co. crash that offers more detail on the role of bird strikes in the disaster, while still leaving crucial questions unanswered. The report sheds additional light on the …

11 02, 2025

Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires

By | February 11th, 2025|Uncategorized|Comments Off on Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires

Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers Companies Inc. announced Tuesday it will lose an estimated $1.7 billion from last month’s wildfires, which swept through the region …

28 01, 2025

Fuji Media, Rocked by Sexual Misconduct Allegations, Says Executives to Resign

By | January 28th, 2025|Uncategorized|Comments Off on Fuji Media, Rocked by Sexual Misconduct Allegations, Says Executives to Resign

Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to an exodus of …

11 02, 2025

Insurers Report Record Claims for Weather-Related Damage in UK

By | February 11th, 2025|Uncategorized|Comments Off on Insurers Report Record Claims for Weather-Related Damage in UK

Insurers paid out a record £585 million (U.S. $724.7 million) for weather-related damage to people’s homes and possessions in 2024 in the United Kingdom, according to the latest data from the Association of British Insurers. The record claims come following …