Monthly Archives: <span>January 2024</span>

Alpine Intel Announces New Fire Investigation Brand, National Fire Experts, Highlighting Key Innovations

National Fire Experts is pioneering new ways to serve the evolving needs of customers and the insurance solutions industry CHARLOTTE, N.C., Jan. 9, 2024 — Alpine Intel, a leading insurance solutions provider, today announced that one of its operating brands, …

Class Action Numbers Dip in 2023, but Settlements Still Costing Billions

Class-action and government enforcement lawsuits continued to take a toll on corporate defendants in 2023, with ten $1 billion settlements and a total cost of $51.3 billion, according to a report released Tuesday by the DuaneMorris law firm. The total …

Netflix Beats Shareholder Lawsuit over Account-Sharing Disclosures

Netflix has defeated a lawsuit filed by shareholders in a federal court in California that accused the streaming entertainment company of hiding the extent to which account-sharing was hindering its growth. A Texas-based investment trust sued in May 2022, after …

Munich Re: Quakes and Storms Cause $95 Billion in Insurance Losses in 2023

Earthquakes in Turkey and Syria, storms in the United States and other natural disasters caused an estimated $95 billion in insured losses in 2023, down from the previous year but still above the long-term average, Munich Re said on Tuesday. …

Boeing Probe Focuses on Bolts as Airlines Find Loose Parts

Air-safety officials probing last week’s fuselage blowout on a Boeing Co. 737 aircraft have turned their attention to four bolts they’ve been unable to locate and said they may widen their investigation beyond the Max 9 variant after multiple airlines …

Russian Billionaire and Sotheby’s Fight Over ‘The Lost Leonardo’ Painting

Sotheby’s abused its “privilege, power and reputation” to help dupe a Russian billionaire out of millions of dollars as he amassed a world-class art collection, a lawyer for the businessman argued on the first day of a closely watched trial …

Elon Musk’s Drug Use Is the Latest Headache for Tesla’s Board

Elon Musk’s reported drug use has Tesla Inc. board members facing a familiar quandary: having to decide what, if anything, to do about the chief executive subjecting directors and shareholders alike to great financial and legal risk. The Wall Street …

Floods Strand Cows, Damage Crops as Wild Weather Hits Australia

Heavy rains and flooding across Australia’s southern state of Victoria has damaged crops and stranded cattle as a months-long run of wild weather on the nation’s east coast leaves a trail of destruction. Severe storms have lashed Victoria since October, …

Customer Sues Dunkin Donuts Over ‘Exploding’ Toilet in Florida

ORLANDO, Fla. (AP) — A customer has filed a negligence lawsuit against Dunkin`, claiming he was injured by an exploding toilet at one of the coffee chain`s locations in central Florida. Paul Kerouac is seeking more than $100,000 in a …

Loss of Alaska Airlines Cockpit Recording Rekindles Industry Safety Debate

WASHINGTON –– The cockpit voice recorder data on the Alaska Airlines Boeing 737 MAX 9 jet which lost a panel mid-flight on Friday was overwritten, U.S. authorities said, renewing attention on long-standing safety calls for longer in-flight recordings. National Transportation …