Archive for September 2024
Nintendo Sues ‘Pokemon With Guns’ Studio for Patent Abuse
Nintendo Co. filed a patent infringement lawsuit against Tokyo-based Pocketpair Inc., the maker of hit game Palworld, seeking an injunction and compensation for damages. The case, brought together with affiliate Pokémon Co., was submitted to the Tokyo District Court on … Source: Claims Journal
Read MoreReport: Renewable Projects at Risk from Contractor Errors and Defects, Natural Cats and Extreme Weather
Renewable project buildouts continue to be jeopardized by contractor errors and defects, natural catastrophes and extreme weather events—on-shore and offshore challenges that could delay start times and drive up construction claims. That’s the assertion in a new report, which calls … Source: Claims Journal
Read MoreGoogle Wins Fight Over €1.5 Billion EU Fine for Ads Abuse
Google won a court fight with the European Union over a €1.5 billion ($1.7 billion) fine for thwarting competition for online ads, partly making up for last week’s crushing defeat in a separate judgment for abusing its monopoly powers. Judges … Source: Claims Journal
Read MoreU.S. to Convene Global AI Safety Summit in November
The Biden administration plans to convene a global safety summit on artificial intelligence, it said on Wednesday, as Congress continues to struggle with regulating the technology. Commerce Secretary Gina Raimondo and Secretary of State Anthony Blinken will host on Nov. … Source: Claims Journal
Read MoreReport Shows Bump in Federal Trade Secret Litigation in 2023
Analytics from Lex Machina 2024 Trade Secret Litigation Report reveals a rise in trade secret cases filed in federal district court in 2023, along with the continued steady trend of trade secret cases that involved Defend Trade Secret Act (DTSA) … Source: Claims Journal
Read MoreAccuWeather Estimates $7B in Damage and Economic Loss from North Carolina Storm
AccuWeather on Wednesday issued a preliminary estimate of the total damage and economic loss from an unnamed storm that struck North Carolina starting last week at $7 billion. Storm effects are continuing to be felt, and some areas have yet … Source: Claims Journal
Read MoreMoody’s: Private Market Insured Losses From Francine Won’t Exceed $2B
U.S. private market insured losses from Hurricane Francine are estimated to not exceed $2 billion, Moody’s RMS Event Response team said. Losses to the National Flood Insurance Program from the hurricane are estimated to be less than $200 million, the … Source: Claims Journal
Read MoreEuropean Cities Brace for Peak of Floods as Cleanup Starts
Cities from Budapest to Wroclaw in Poland are racing to build up their defenses as floodwaters peak over the coming days. The floods that unleashed destruction across central Europe are receding in many places after the torrential rain from Storm … Source: Claims Journal
Read MoreU.S. Sues Ship Owner, Operator Over Baltimore Bridge Collapse
The U.S. sued the owner and the operator of a Singapore-flagged ship that rammed into a Baltimore bridge in March, the most aggressive action to date in response to a disaster that killed six workers and threw the region’s transportation … Source: Claims Journal
Read MoreTop of Travelers’ List of Most Common Wedding Insurance Claims Not So Surprising
When something goes wrong at a wedding and a claim is filed, one of the most common reasons behind the snafu is not too surprising—someone likely wasn’t doing their job. Vendor difficulties topped the list of wedding claims. Nearly half … Source: Claims Journal
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