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27 05, 2025

Southern California Edison Paying $82.5M to Settle Claims Over 2020 Bobcat Fire Damages

By | May 27th, 2025|Uncategorized|Comments Off on Southern California Edison Paying $82.5M to Settle Claims Over 2020 Bobcat Fire Damages

Southern California Edison, a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020. The U.S. government had filed …

30 05, 2025

US Asks Judge to Dismiss Criminal Charge Over Boeing 737 Max Crashes

By | May 30th, 2025|Uncategorized|Comments Off on US Asks Judge to Dismiss Criminal Charge Over Boeing 737 Max Crashes

The U.S. Justice Department asked a federal judge in Texas to dismiss its criminal case against Boeing Co. over two fatal crashes of its 737 Max jets more than six years ago, despite objections of family members of some crash …

30 05, 2025

Wrongful Death Suit Says Big Oil Contributed to Heat Wave And Woman’s Death

By | May 30th, 2025|Uncategorized|Comments Off on Wrongful Death Suit Says Big Oil Contributed to Heat Wave And Woman’s Death

In one of the nation’s first wrongful-death claims seeking to hold the fossil fuel industry accountable for its role in the changing climate, a Washington state woman is suing seven oil and gas companies, saying they contributed to an extraordinarily …

30 05, 2025

SEC Dropping Enforcement Case Against Binance Crypto Exchange

By | May 30th, 2025|Uncategorized|Comments Off on SEC Dropping Enforcement Case Against Binance Crypto Exchange

The U.S. Securities and Exchange Commission moved to end its legal battle against crypto exchange Binance Holdings Ltd., the latest sign of the regulator’s dramatic shift in how it polices cryptocurrency. The regulator and the exchange’s co-founder Changpeng Zhao filed …

27 05, 2025

TVA Becomes First US Utility to Seek Permit for Small Nuclear Reactor

By | May 27th, 2025|Uncategorized|Comments Off on TVA Becomes First US Utility to Seek Permit for Small Nuclear Reactor

For the first time in the United States, a utility is asking federal regulators for a permit to build a small nuclear reactor. The nation’s largest public power company, the Tennessee Valley Authority, announced Tuesday it submitted a construction permit …

30 05, 2025

Cars Are Getting Smarter. Why It Matters for Claims Professionals

By | May 30th, 2025|Uncategorized|Comments Off on Cars Are Getting Smarter. Why It Matters for Claims Professionals

Cars of today are more than just forms of transportation; they are mobile data hubs. Not only is the modernization of cars making life easier for people driving to work, dropping the kids at school, or going on road trips, …

30 05, 2025

Trump Administration Targets Resiliency Funds to Shrink FEMA’s Role

By | May 30th, 2025|Uncategorized|Comments Off on Trump Administration Targets Resiliency Funds to Shrink FEMA’s Role

When a series of deadly storms and tornadoes pummeled Arkansas in mid-March, downing power lines and tearing up homes, Governor Sarah Huckabee Sanders asked the federal government for money to not only help repair the damage, but also boost the …

30 05, 2025

After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says

By | May 30th, 2025|Uncategorized|Comments Off on After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says

After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week. The firm examined 45 …

27 05, 2025

Four Ex-VW Managers Convicted in Germany Over Diesel Scandal

By | May 27th, 2025|Uncategorized|Comments Off on Four Ex-VW Managers Convicted in Germany Over Diesel Scandal

Four former Volkswagen AG managers were convicted by a German court for their roles in the diesel-emission scandal, involving the manipulation of millions of cars and causing €2.1 billion ($2.4 billion) in damages to drivers. Jens Hadler, who led diesel-engine …

30 05, 2025

Ex-WWE Executive Agrees to Help Accuser in Sex Abuse Suit Against Vince McMahon And WWE

By | May 30th, 2025|Uncategorized|Comments Off on Ex-WWE Executive Agrees to Help Accuser in Sex Abuse Suit Against Vince McMahon And WWE

A former WWE executive who had been fighting sexual abuse allegations in a lawsuit by an ex-employee has agreed to a confidential settlement and will now help the accuser as she continues suing the company and former leader Vince McMahon, …