Archive for January 2025

Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative artificial intelligence models. According to a proposed class action filed on Tuesday night … Source: Claims Journal

More than 31 million housing units in the U.S. will experience more than 30 days of winter temperatures below 32ºF this year, and 10.3 million of those will experience more than 50 days of below-freezing temperatures this winter, according to … Source: Claims Journal

New York Attorney General Letitia James said on Wednesday her office obtained a $1.065 billion judgment against Yellowstone Capital, a cash advance provider accused of predatory lending, as part of a settlement that gives small businesses more than a half-billion … Source: Claims Journal

New estimates peg insured losses to property from the Palisades and Eaton fires in Los Angels together will fall between $28 billion and $35 billion, which includes losses to the California FAIR Plan. The estimates out on Wednesday from the … Source: Claims Journal

Rupert Murdoch’s U.K. newspaper group apologized to Prince Harry over allegations journalists at its tabloid newspapers used unlawful information gathering, as it settled a long-running lawsuit that threatened to dredge up decades-old accusations of wrongdoing. News Group Newspapers Ltd. will … Source: Claims Journal

As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be next – thanks to tons of dry wood left over from Hurricane Helene’s wind and flooding. “The number one fire … Source: Claims Journal

The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S. Senate committee released a study and held a hearing on the affect of climate change … Source: Claims Journal

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 … Source: Claims Journal

New York Governor Kathy Hochul proposed measures to stabilize the city’s taxi and rideshare insurance industry, which is reeling from the insolvency of its largest provider American Transit Insurance Co. Two of the bills would make it easier to adjust … Source: Claims Journal

The U.S. Equal Employment Opportunity Commission sued two large automakers, accusing General Motors and the United Auto Workers of age discrimination and the Stellantis unit that includes Chrysler of subjecting female employees to sexual harassment. GM and the UAW were … Source: Claims Journal