For many years, the homeowners insurance market operated as a relatively stable and predictable sector in California. Changes were incremental, and the market largely catered to established patterns of risk and pricing. This stability, however, has been disrupted recently, with … Source: Claims Journal

A U.S. judge dismissed a lawsuit accusing Amazon.com of defrauding shareholders about its treatment of third-party sellers and plans to expand capacity, culminating in a Federal Trade Commission antitrust case against the online retail giant. Monday’s dismissal by U.S. District … Source: Claims Journal

Tens of billions in aid for victims of Hurricane Helene should start flowing later this month, U.S. Agriculture Secretary Brooke Rollins pledged last week, but delays are already making it hard this year for some farmers to plant crops. Congress … Source: Claims Journal

A fire on an American Airlines plane after it diverted mid-flight and landed at Denver International Airport sent passengers fleeing onto a wing in a fraught evacuation amid billowing clouds of smoke. Airport officials said 12 people were taken to … Source: Claims Journal

Violent tornadoes ripped through parts of the U.S., wiping out schools and toppling semitractor-trailers in several states, part of a monster storm Friday and Saturday that has killed at least 32 people. The number of fatalities increased after the Kansas … Source: Claims Journal

The former Deutsche Bank AG employee suing the German lender for around €152 million ($165 million) over a criminal case was a top manager from its asset and wealth management division, Dario Schiraldi. Schiraldi filed the suit in the Frankfurt … Source: Claims Journal

A delivery driver has won $50 million in a lawsuit after being seriously burned when a Starbucks drink spilled in his lap at a California drive-through, court records show. A Los Angeles County jury found Friday for Michael Garcia, who … Source: Claims Journal

A Missouri judge has ordered Abbott Laboratories and Reckitt Benckiser unit Mead Johnson to face a new trial over allegations that they failed to warn a mother about the risks of their specialized baby formulas for premature infants, re-opening a … Source: Claims Journal

Indian IT services provider Infosys said it had reached an agreement with the plaintiffs of lawsuits pending against its U.S. unit over the 2023 cyber incident. Infosys McCamish Systems has agreed to pay $17.5 million into a fund to settle … Source: Claims Journal

Cable outlet Newsmax Media has paid $40 million to settle allegations it defamed Smartmatic by reporting false claims that the voting machine company helped rig the 2020 U.S. election for Joe Biden over Donald Trump, according to a regulatory filing. … Source: Claims Journal