Posts by Y@DminG

Shell Plc and Greenpeace reached an out-of-court settlement over a legal dispute that centered on climate activists boarding and occupying a Shell offshore vessel in the U.K. North Sea for 13 days. The London-based oil giant was claiming damages from … Source: Claims Journal

Drivers who have had their car declared a total loss are noticeably impacted by how carriers communicate them. That’s according to survey of U.S. policyholders that shows drivers’ emotional state and their overall satisfaction with their carrier are affected by … Source: Claims Journal

Some of the elderly residents of seven Louisiana nursing homes who were sent in 2021 to ride out Hurricane Ida in a crowded, ill-equipped warehouse are being offered shares of a nearly $9 million settlement after they sued. Retired state … Source: Claims Journal

After emerging from an unusually active hurricane season with market-beating returns, catastrophe bonds are rapidly adding investors. Despite the increase in extreme weather — 2024 marked the ninth straight season in which the Atlantic basin suffered above-average storm activity — … Source: Claims Journal

Tesla aims to start its robotaxi service with a company-owned fleet backed up by human teleoperators for safety, Deutsche Bank said in a note after a meeting with the company’s head of investor relations. The electric vehicle maker still is … Source: Claims Journal

States such as California are certainly experiencing a more ferocious wildfire season this year than a relatively quiet 2023. Combined CAL FIRE and U.S. Forest Service figures record over 1 million acres burnt in California this year, way above the … Source: Claims Journal

Long-range meteorologists are forecasting a temperature roller coaster through December after a cold start to the month in the Eastern U.S. December started with an Arctic blast that brought cold air to much of east, leaving much of the West … Source: Claims Journal

When hurricanes hit coastal areas, property insurers often breathe a sigh of relief when much of the damage appears to be the result of storm surge and flooding – losses that aren’t covered by most homeowners’ policies. But after Hurricane … Source: Claims Journal

The parents of a 14-year-old Missouri boy who fell to his death from an Orlando amusement park ride in 2022 have won a $310 million verdict against the attraction’s Austrian builder. Late Thursday, the Orange County jury ordered that the … Source: Claims Journal

The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over failure to shift vehicles into the park gear, after the electric-vehicle startup issued recalls and released a software update. Earlier … Source: Claims Journal