Posts by Y@DminG

The U.S. Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user data. The … Source: Claims Journal

A wildfire sparked in California’s upscale Malibu beach community on Wednesday was driven by powerful winds sweeping apart the state’s southern region. The Broad Fire in Los Angeles County, which had shut down Pacific Coast Highway between Web Way and … Source: Claims Journal

The Philippines’ farm output dropped the most in nearly four years last quarter due to bad weather, showing a potential drag to growth in one of Asia’s fastest-expanding economies. Farm production value fell 3.7% from a year ago in the … Source: Claims Journal

UnitedHealth Group Inc. systematically cut what it paid for emergency room visits and mental health care to doctors outside of its network, sparking internal tension over how those changes were handled and the potential effect on members, newly unsealed court … Source: Claims Journal

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what … Source: Claims Journal

Hurricane Rafael is quickly strengthening as it churns toward the Gulf of Mexico, threatening to bring damaging gusts and heavy rains to populated areas from the Cayman Islands to South Florida. Winds reached 100 miles (160 kilometers) per hour as … Source: Claims Journal

It’s been a busy weather year. There have been 24 confirmed weather/climate disaster events with losses exceeding $1 billion each to affect the U.S. as of Nov. 1, according to the National Oceanic and Atmospheric Administration. Related: KBRA Says Florida … Source: Claims Journal

Back-related injuries are the most expensive injuries to treat, a review of nearly 130,000 workers’ compensation claims from the restaurant industry shows. A report by AmTrust Financial Services analyzed claims submitted to the company over the six-year period from 2018 … Source: Claims Journal

Hawaiian Electric Industries formalized a $2 billion agreement to settle damage claims from a wildfire that razed the historic town of Lahaina and killed more than 100 people. The utility-owner had reached a tentative agreement in August in which it, … Source: Claims Journal

Canadian authorities have arrested a man suspected of being behind a string of hacks involving as many as 165 customers of Snowflake Inc., according to people familiar with the matter. Following a request from the US, Alexander “Connor” Moucka was … Source: Claims Journal