Article
California Insurance Regulators Say State Farm Mishandled Wildfire Claims
California Insurance Regulators Say State Farm Mishandled Wildfire Claims
Authored by Dylan Morgan via The Epoch Times,
The California Department of Insurance announced on May 4 it filed an enforcement action against State Farm, alleging the company significantly mishandled claims from survivors of the 2025 Los Angeles wildfires.
“Wildfire survivors came to us for help, and we followed the facts,” Insurance Department Commissioner Ricardo Lara said.
“Our investigation found that State Farm delayed, underpaid, and buried policyholders in red tape at the worst moment of their lives. That is unacceptable, and we are...
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Mar 9, 2026 / Tyler Durden
Trump Says Iran War 'Very Far Ahead Of Schedule' & So Could Be Over Soon
Trump Says Iran War 'Very Far Ahead Of Schedule' & So Could Be Over Soon
Summary:
Trump tells CBS "the war could be over soon." Oil prices drop on the headline.
Trump calls choice of new supreme leader ‘a big mistake’
Lebanon wants direct peace talks with Israel to end fighting but Israeli rejects it, also amid US skepticism: Axios.
Trump says too soon to talk about seizing Iran's oil but does not rule it out, tells NBC.
Analyst consensus on question of potentially protracted conflict: Iran Signals a Fight to the End With Appointment of Khamenei's...
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Sep 8, 2026 / Tyler Durden
China Halts New Battery Storage Plant Approvals
China Halts New Battery Storage Plant Approvals
By Tsvetana Paraskova of OilPrice.com
China has paused approvals for new battery storage factories amid a review of existing and planned capacity, Chinese financial news outlet Cailianshe reported this weekend, citing industry sources.
The temporary suspension of approvals of plants that have not started construction yet comes amid growing concerns about overcapacity in the sector in the world’s biggest manufacturer of batteries for energy storage.
China is the world’s biggest market for electric vehicles and a top player in battery storage as well. But just like...
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Apr 25, 2026 / Tyler Durden
FBI Spooked By 15 Stolen Crop-Spraying Drones In New Jersey
FBI Spooked By 15 Stolen Crop-Spraying Drones In New Jersey
What has become extraordinarily clear is that nearly every data center, stadium, government building, power plant, substation, and other critical infrastructure site shares one major vulnerability: the lack of a low-cost, early-warning detection layer against one-way attack drones.
Additionally, Counter-Unmanned Aircraft Systems (C-UAS) architecture should include a kinetic countermeasure layer designed to defeat threats before impact. Without this layered approach, most critical infrastructure remains highly vulnerable to cheap kamikaze drones.
When reports emerge, such as the recent case in New Jersey where...
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