Industry News
A Colorado man has filed what appears to be the first lawsuit against McDonald’s over an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others. The lawsuit, filed in Circuit Court …
Via: Claims Journal
Bankrupt hedge fund Weiss Multi-Strategy Advisers LLC and its largest creditor, Jefferies Financial Group, are discussing a potential settlement that would resolve litigation related to the collapse of George Weiss’ eponymous firm. A Weiss lawyer said in a Wednesday bankruptcy …
Via: Claims Journal
Certified Restoration Drycleaning Network added franchises in Missouri, Northern California and Southern Oregon. New franchise owners Andrew Hoskins and Tyler Berry will service Kansas City, Missouri, while new franchise owner Justine Maier will service Northern California and Southern Oregon. CRDN …
Via: Claims Journal
A former Avenue Capital Group employee accused by Marc Lasry in a recent court filing of trying to extort him for $50 million has hit back with a lawsuit of her own. Gina Strum, who worked in business development at …
Via: Claims Journal
A California Workers’ Compensation Institute analysis opioid prescription data between 2017 and 2023 from the California Department of Justice’s Controlled Substance Utilization Review and Evaluation System builds on prior CWCI studies by tracking multiple opioid utilization metrics. The study examines …
Via: Claims Journal
The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home Trends Report found that all-perils …
Via: Claims Journal
More loss and claims estimates are trickling in from carriers after Hurricane Milton caused widespread wind and flood damage in Florida this month. Tampa-based Heritage Insurance Holdings said in a preliminary statement that about two weeks after Milton made landfall …
Via: Claims Journal
Honda is recalling 780,000 vehicles in North America over concerns that a high-pressure fuel pump may crack and leak fuel. A fuel leak in the presence of an ignition source could increase the risk of a fire, the automaker told …
Via: Claims Journal
A new study found a strong association between handheld cellphone use and risky driving behaviors among newly licensed teenage drivers. The study was conducted by a group of researchers led by Penn Nursing and Perelman School of Medicine and funded …
Via: Claims Journal
McDonald’s Corp. is trying to contain the fallout from a severe E. coli outbreak that appears to be linked to the slivered onions in its popular Quarter Pounder sandwiches. The U.S. Centers for Disease Control and Prevention on Tuesday announced …
Via: Claims Journal