Archive for May 2024

Novo Nordisk said on Thursday it had sued nine more medical spas, wellness clinics and pharmacies in the U.S. for selling products claiming to contain semaglutide, the key ingredient in its popular weight-loss drug Wegovy. The Danish drugmaker first filed … Source: Claims Journal

More than 32.7 million residential properties are at risk of moderate or severe damage sustained from hurricane-force winds from Texas to Maine, a new report shows. The large number of at-risk homes in CoreLogic’s 2024 Hurricane Risk Report, which comes … Source: Claims Journal

Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company’s cancellation of two offshore wind farms last year — a little over a third of what the company once was required to pay. … Source: Claims Journal

Last year while I was out of town, a roofing company showed up at my home and told my wife there had been a hailstorm recently, so they were visiting impacted neighborhoods and providing free inspection services. She let them … Source: Claims Journal

The FBI said it has dismantled what is likely the world’s largest botnet — an army of 19 million infected computers — that was leased to hackers for cybercrimes. The botnet, which was spread across more than 190 countries, enabled … Source: Claims Journal

Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the financial payment companies of keeping cash access fees artificially high. The plaintiffs’ lawyers revealed the proposed accord on Wednesday in … Source: Claims Journal

American Airlines was accused in a lawsuit on Wednesday of race discrimination for temporarily removing three Black men from a flight from Phoenix, Arizona, to New York City. In a complaint filed in federal court in Brooklyn, the plaintiffs said … Source: Claims Journal

The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh based on future risk, with health care replacing IT as the most exposed sector in the next 10 years. The … Source: Claims Journal

More than half a million electricity consumers are still without power in Texas and over one thousand flights were canceled after powerful storms charged along the Rio Grande late Tuesday. Across parts of Texas, and mostly in the east, 500,789 … Source: Claims Journal

As the US car market swiftly and steadily goes electric, the Volkswagen ID.4 remains near the front of an increasingly crowded field. Americans bought nearly 6,200 of them in the first three months of this year. But if you want … Source: Claims Journal