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CCC Says Shortage of Repair Technicians Adding to Pressure on Auto Claim Costs

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If a shortage of replacement parts and growing claim severity are not enough to contend with, auto insurers are also coping with a labor shortage among auto repair shops that is driving up claim costs, according to CCC Intelligent Solutions. … Source: Claims Journal

Oklahoma Court Overturns $465M Opioid Judgment Against J&J

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The Oklahoma Supreme Court on Tuesday overturned a $465 million judgment against Johnson & Johnson in a lawsuit by the state alleging the drugmaker fueled the opioid epidemic through the deceptive marketing of painkillers. The decision marked the latest setback … Source: Claims Journal

After Deadly Travis Scott Concert Crush, a Fight Over Who’s to Blame

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Live Nation Entertainment Inc. is being targeted by more than a dozen lawsuits over the deadly crush of concertgoers at the promoter’s Astroworld Festival in Houston last week, but at least one expert says it may be too early to … Source: Claims Journal

Robinhood Data Breach Nightmare Hinged on Customer Service Slip

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Robinhood Markets Inc. caught criticism last year for its shortcomings in customer support. After racing to staff up, the company has a new problem: a customer service representative mishap allowed a hacker to steal the personal information of about 7 … Source: Claims Journal

Auto Safety Regulator Awards Over $24M to Hyundai Motor Whistleblower

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SEOUL/WASHINGTON — The U.S. auto safety regulator announced on Tuesday its first-ever reward to a whistleblower, handing out more than $24 million to a former Hyundai Motor Co employee who provided key information about safety lapses at the South Korean … Source: Claims Journal

Federal Judge Upholds United Airlines’ COVID-19 Vaccine Mandate For Employees

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A U.S. federal judge on Monday ruled United Airlines Holdings Inc can impose a COVID-19 vaccine mandate on its employees that only provides unpaid leave for workers who are exempted for medical or religious reasons. U.S. District Judge Mark Pittman … Source: Claims Journal

Charleston, Savannah See Abnormally High Tides During Storm

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CHARLESTON, S.C. (AP) — A strong storm off the Southeast coast combined with periodic higher tides Sunday, causing coastal flooding that approached levels rarely seen outside of hurricanes along the South Carolina and Georgia coasts, officials said. Scientists have said … Source: Claims Journal

Coal Dust: Mine Managers in Federal Fraud Trial in Kentucky

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LOUISVILLE, Ky. (AP) — Four former coal mine officials are being tried on criminal fraud charges in Kentucky for allegedly skirting federal rules meant to reduce deadly dust in underground mines. The men worked as managers or supervisors for now-bankrupt … Source: Claims Journal

Phillips 66 to Convert Storm-Hit Refinery to Oil Export Terminal

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HOUSTON — Phillips 66 on Monday said it would convert its Alliance refinery in Belle Chasse, Louisiana, to an oil terminal, after a short-lived attempt to sell the hurricane-damaged facility. The 50-year-old oil refinery was severely damaged after several feet … Source: Claims Journal

Catastrophe Modeler Says Global Warming Increased Wind Losses by 11%

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Global warming has already driven an 11% increase in insured wind losses and those losses will grow by an additional 10% to 19% by 2050, Karen Clark & Co. said in a paper released Monday. The catastrophe risk modeling firm … Source: Claims Journal