With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on the heels of Hurricane Helene, industry leaders are bracing for significant delays in claims adjusting. “We’re competing with Helene,” said …
The Doan Group is adding a new franchise serving New York and New Jersey. New franchise owner Hashim Jaludi began his career as a field appraiser for several national providers, and has experience in liability determination, settlement negotiation and experiense …
An Afghan citizen has been arrested in Oklahoma City for suspicion of conspiring to commit a terrorist attack during the November U.S. elections on behalf of the terrorist organization the Islamic State of Iraq and al-Sham. Nasir Ahmad Tawhedi, 27, …
New York Attorney General Letitia James on Wednesday announced a $52 million multistate settlement with Marriott International Inc. over a year’s long data breach of one of its guest reservation databases. According to a multistate investigation, one of Marriott’s subsidiaries, …
Being unlicensed as a contractor in Florida does not necessarily void a storm-remediation contract, a Florida appeals court said in a decision that could affect insurance defense strategy in hurricane claims. “This shows that it’s really important to know the …
Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies’ shares, analysts at RBC Capital said. The Category 5 hurricane is due to …
Johnson & Johnson’s bold move to skirt a US court in New Jersey and seek a potentially friendlier venue in Texas to settle claims its baby powder gave women cancer faces a key decision as soon as Thursday. A federal …
Rising valuations and ease of transport and concealment have long made jewelry claims a target for fraudulent activity, but one expert says more criminals are coming to realize it can be a low-cost and high-payout crime. Attorney Melissa Segel works …
Citigroup Inc. said US banks will be forced into a “dramatic shift” in how electronic payments are processed if New York state wins a lawsuit claiming the company doesn’t do enough to prevent online fraud. Lawyers for the company’s Citibank …
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange collapsed. U.S. Bankruptcy Judge John Dorsey approved the wind-down …