News Archives - Claims Journal

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17 06, 2026

Citi Exec Alleges She Was Fired After Raising Trump-Related Compliance Concerns

By | June 17th, 2026|Uncategorized|Comments Off on Citi Exec Alleges She Was Fired After Raising Trump-Related Compliance Concerns

A former Citigroup C.N executive alleged in a lawsuit that the bank fired her in retaliation for identifying regulatory and compliance risks that, according to a Financial Times report on Tuesday, were related to Citi’s efforts to court U.S. President …

17 06, 2026

Hacking Group Claims Major Hack of Novo Nordisk And Attempted Extortion

By | June 17th, 2026|Uncategorized|Comments Off on Hacking Group Claims Major Hack of Novo Nordisk And Attempted Extortion

A cyber extortion group claimed on Tuesday to have stolen more than a terabyte of data from pharmaceutical giant Novo Nordisk and said it is exploring selling parts of the data after unsuccessfully demanding $25 million from the company. FulcrumSec, …

17 06, 2026

Chicago, Midwest Brace for Thunderstorms While Floods Hit Texas

By | June 17th, 2026|Uncategorized|Comments Off on Chicago, Midwest Brace for Thunderstorms While Floods Hit Texas

As the U.S. Gulf coast braces for flooding, there’s a moderate level 4 risk of severe thunderstorms across central Illinois and Indiana. The risk for Chicago is one notch lower, but in all 46 million people across parts of 11 …

17 06, 2026

Amazon Faces Billions in Penalties From Potential FTC Ad Suit

By | June 17th, 2026|Uncategorized|Comments Off on Amazon Faces Billions in Penalties From Potential FTC Ad Suit

Amazon.com Inc. is facing a possible lawsuit from the U.S. Federal Trade Commission that may lead to billions of dollars in civil penalties, over claims the e-commerce giant misled advertisers, according to people familiar with the matter. The FTC, which …

17 06, 2026

Federal Judge Sends $7.25B Roundup Settlement Back to Missouri Court

By | June 17th, 2026|Uncategorized|Comments Off on Federal Judge Sends $7.25B Roundup Settlement Back to Missouri Court

A federal judge on Wednesday returned Bayer’s proposed $7.25 billion settlement of Roundup lawsuits to Missouri state court, overruling the objections of some cancer victims who said the state court could not bind a nationwide class of people who allege …

17 06, 2026

Senators Ask for Review of Tesla’s ‘Full Self-Driving’ Safety Data

By | June 17th, 2026|Uncategorized|Comments Off on Senators Ask for Review of Tesla’s ‘Full Self-Driving’ Safety Data

Two U.S. senators are asking the nation’s traffic safety regulator to examine Tesla’s self-published crash statistics for its “Full Self-Driving” (FSD) driver-assistance system, following a Reuters investigation last month that found the EV maker was exaggerating its safety claims. Democratic …

18 06, 2026

Complex Cats, Talent Exodus Will Confound Insurance Models This Year, Report Shows

By | June 18th, 2026|Uncategorized|Comments Off on Complex Cats, Talent Exodus Will Confound Insurance Models This Year, Report Shows

The 2026 catastrophe season will face a more distributed and harder-to-predict risk landscape than carriers have historically planned for, according to a new report by global claims administrator Sedgwick. The complex nature could make claims harder to manage, more expensive …

18 06, 2026

Ford Recalling 255,400 US Vehicles Over Engine Issue

By | June 18th, 2026|Uncategorized|Comments Off on Ford Recalling 255,400 US Vehicles Over Engine Issue

Ford is recalling 255,404 vehicles in the U.S. over an issue with the canister purge valve, which may malfunction, causing the engine to stall unexpectedly while driving, the U.S. National Highway Traffic Safety Administration said. The recall affects certain 2012-2018 …

18 06, 2026

Can AI Help Coastal Cities Prepare for Rising Seas And Extreme Events?

By | June 18th, 2026|Uncategorized|Comments Off on Can AI Help Coastal Cities Prepare for Rising Seas And Extreme Events?

Our novel artificial intelligence model can predict extreme storm surges with high accuracy, including under future climate conditions. Because the AI model runs much faster, it can help researchers and practitioners better assess coastal flood risk for adaptation planning. Sea …

18 06, 2026

NTSB: North Dakota Derailment Proves the Need to Replace Flawed Tank Cars

By | June 18th, 2026|Uncategorized|Comments Off on NTSB: North Dakota Derailment Proves the Need to Replace Flawed Tank Cars

A fiery North Dakota derailment that happened two years ago demonstrated yet again why the National Transportation Safety Board has been urging the rail industry for decades to replace flawed tank cars that tend to rupture in a crash. The …