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Top related persons:
KCC - 3 Jorge Garcia - 2 Karen Clark - 2 Aon - 2 Arnd - 1 1,347.3200 - 1 Joyce Lee - 1 Shri Navaratnam - 1
Top related locs:
Lahaina Maui Hawaii U.S Bengaluru Zurich Switzerland Rights SEOUL
Top related orgs:
REUTERS - 3 Thomson - 3 Karen Clark & Company - 2 Rights - 1 Google - 1 Apple - 1 Korea Communications Commission - 1 Telecommunication - 1

Search resuls for: "KCC"


4 mentions found


☆ S.Korea considers $50.5 mln fine against Google, Apple over app market practices
  + stars: | 2023-10-06 | by ( ) www.reuters.com   time to read: +1 min
[1/2] An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. The Korea Communications Commission (KCC) said in a statement that the two tech giants forced app developers into specific payment methods and caused unfair delay in app review. The KCC is notifying the companies for corrective action, and will deliberate on the fines, the statement said. Google and Apple did not immediately respond to Reuters' requests for comment. After hearing from the companies, the regulator could decide to impose fines of up to 68 billion won ($50.47 million), including 47.5 billion won for Google and 20.5 billion won for Apple, KCC said.
Persons: Arnd, KCC, 1,347.3200, Joyce Lee, Shri Navaratnam Organizations: REUTERS, Rights, Google, Apple, Korea Communications Commission, Telecommunication, Thomson Locations: Zurich, Switzerland, Rights SEOUL, South Korea
☆ Lahaina wildfire insured property loss to be about $3.2 bln - KCC
  + stars: | 2023-08-16 | by ( ) www.reuters.com   time to read: +2 min
The damage at the Ho'Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge Garcia Acquire Licensing RightsAug 16 (Reuters) - Insured property losses from the wildfire that ravaged the resort town of Lahaina in Hawaii last week are estimated to be about $3.2 billion, catastrophe modeling firm Karen Clark & Company (KCC) said on Wednesday. More than 2,200 structures fall within the fire perimeter, KCC estimated, citing an independent geospatial analysis of satellite and aerial imagery. The high proportion of wood frame and older construction present in the Lahaina buildings likely contributed to the damage, it said. Moody's Investors' Service said on Tuesday that estimated insured losses from wildfires on Maui in Hawaii would be at least $1 billion.
Persons: Jorge Garcia, Karen Clark, KCC, Aon, Noor Zainab Hussain, Saumyadeb Organizations: REUTERS, Karen Clark & Company, Insurance, Investors, Tokio, Allstate, Thomson Locations: Lahaina, Maui, Hawaii, U.S, Bengaluru
☆ Hawaii wildfires to cause second-largest total insured loss in state's history - KCC
  + stars: | 2023-08-11 | by ( ) www.reuters.com   time to read: +1 min
The damage at the Ho'Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge GarciaAug 11 (Reuters) - The total insured loss from the ongoing wildfires on Maui island is expected to be the second largest in Hawaii's history, according to catastrophe modeling firm Karen Clark & Company (KCC). The firm estimates the total area burned at about 2,200 acres, while roughly 3,500 buildings within the fire perimeter. Insurance broker Aon said the extreme devastation to homes, businesses and other structures in Lahaina would likely drive economic and insured losses into the hundreds of millions of dollars. Reporting by Manya Saini in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
Persons: Jorge Garcia, Karen Clark, KCC, Aon, Manya Saini, Shilpi Majumdar Organizations: REUTERS, Karen Clark & Company, Maui, Thomson Locations: Lahaina, Maui, Hawaii, U.S, Hawaiian, Bengaluru
☆ Boohoo to pay $197 million settlement in class-action lawsuit alleging the retailer advertised fake discounts on PrettyLittleThing, Nasty Gal sites
  + stars: | 2023-05-03 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +2 min
UK retail giant Boohoo has agreed to pay $197 million to settle a California class-action lawsuit. The retailer was accused of falsely listing items as marked down even though they were never sold for the original price. The money will be distributed to over 9 million plaintiffs living in California. Boohoo announced it would settle the case for $197 million in April, but without admission of guilt, according to the claims administrator, KCC Class Action Services. Those eligible to receive some of the settlement include California residents who purchased products from the Boohoo brands between April 2016 and June 2022.
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