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Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine, the cryptocurrency company’s chief legal officer said on … Source: Claims Journal

New bursts of yellow dot the hills of Mendocino County. Smears of burnt orange now span the aqueduct near Bakersfield. A fresh splash of crimson juts east of Chico like a fresh wound. With the release of its fourth and … Source: Claims Journal

Standard Chartered on Tuesday lost a bid to halve the value of a roughly 1.5 billion-pound ($1.94 billion) London lawsuit brought over allegations the lender broke U.S. sanctions against Iran in a more widespread way than it has previously admitted. … Source: Claims Journal

Aurora Innovation plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday. The autonomous trucks are expected to start operating on public … Source: Claims Journal

Scammers who share tricks with one another on social media are pushing auto loan fraud to record levels. The dollar amount of car loans involving fraud grew last year by more than 16% to $9.2 billion, according to a report … Source: Claims Journal

Several residents of Los Angeles who were affected by the deadly Palisades wildfire sued city authorities over claims that municipal utility power lines ignited the fire, according to a lawsuit filed Monday. The suit cited a Washington Post article dated … Source: Claims Journal

With massive job cuts, the National Weather Service is eliminating or reducing vital weather balloon launches in eight northern locations, which meteorologists and former agency leaders said will degrade the accuracy of forecasts just as severe weather season kicks in. … Source: Claims Journal

Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s climate of increasingly longer claim cycle times and higher costs for … Source: Claims Journal

CRU Group named Catherine Sutton vice president for the U.S. Southwest Region. Sutton has an education in engineering and experience in insurance adjusting, forensic engineering and account management. Based in Austin, Texas, Sutton will report to Senior Vice President of … Source: Claims Journal

Segway is recalling about 220,000 of its scooters sold across the U.S. due to a fall hazard that has resulted in user injuries ranging from bruises to broken bones. According to a notice published by the U.S. Consumer Product Safety … Source: Claims Journal