News Archives - Claims Journal

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10 09, 2024

U.S. SEC Hits 7 Public Companies with Penalties for Violating Whistleblower Protections

By | September 10th, 2024|Uncategorized|Comments Off on U.S. SEC Hits 7 Public Companies with Penalties for Violating Whistleblower Protections

Seven public companies agreed to pay a combined $3 million to settle U.S. Securities and Exchange Commission charges they violated whistleblower protections, the regulator said on Monday. TransUnion agreed to pay $312,000 and Acadia Healthcare Company will pay $1.39 million …

10 09, 2024

U.S. Regulators Aim to Force Recall of 51 Million Car Air Bags

By | September 10th, 2024|Uncategorized|Comments Off on U.S. Regulators Aim to Force Recall of 51 Million Car Air Bags

U.S. regulators took a step toward forcing a recall of as many as 51 million air bag inflators they have said could explode in a crash, an escalation of a safety issue that has plagued the auto industry for years. …

10 09, 2024

Cars Collect Troves of Data About Traffic And Road Hazards. Should They Share It?

By | September 10th, 2024|Uncategorized|Comments Off on Cars Collect Troves of Data About Traffic And Road Hazards. Should They Share It?

The secret to avoiding red lights during rush hour in Utah’s largest city might be as simple as following a bus. Transportation officials have spent the past few years refining a system in which radio transmitters inside commuter buses talk …

10 09, 2024

Competition Fueled by Strong Cyber Insurance Profitability, Pricing Declines

By | September 10th, 2024|Uncategorized|Comments Off on Competition Fueled by Strong Cyber Insurance Profitability, Pricing Declines

The cyber insurance market is being set up for continued strong growth, propelled by an increasing number of severe cyber-attacks, more competition and price declines, a new Moody’s report shows. The cyber market has seen moderate pricing declines, and some …

9 09, 2024

Storm Surge and Flooding Threaten as Francine Approaches U.S. Gulf Coast

By | September 9th, 2024|Uncategorized|Comments Off on Storm Surge and Flooding Threaten as Francine Approaches U.S. Gulf Coast

Meteorologists say Francine could produce life-threatening storm surge and dangerous flash flooding across parts of coastal Louisiana, Texas and Mississippi as it approaches the Gulf Coast. AccuWeather meteorologists say the shallow continental shelf makes the Gulf coast “extremely vulnerable to …

10 09, 2024

NTSB Probe of Jeep Engine Fire Reports Could Affect 781K Vehicles

By | September 10th, 2024|Uncategorized|Comments Off on NTSB Probe of Jeep Engine Fire Reports Could Affect 781K Vehicles

Stellantis NV said it’s cooperating with U.S. authorities investigating reports of Jeep engines catching fire, in a potential setback for the company that’s trying to reverse a drop in market share in North America. The National Highway Traffic Safety Administration …

11 09, 2024

Volkswagen to Recall Nearly 99,000 EVs in U.S. Over Door Handle Issues

By | September 11th, 2024|Uncategorized|Comments Off on Volkswagen to Recall Nearly 99,000 EVs in U.S. Over Door Handle Issues

The U.S. National Highway Traffic Safety Administration said on Tuesday that Volkswagen would recall 98,806 electric SUVs to fix their door handles as they do not offer enough protection against water ingress. The NHTSA said the recall, which includes ID.4 …

11 09, 2024

Hurricane Debby Florida Losses Top $121M; 60% of Claims Closed

By | September 11th, 2024|Uncategorized|Comments Off on Hurricane Debby Florida Losses Top $121M; 60% of Claims Closed

A month after Hurricane Debby made landfall in northern Florida, the number of property insurance claims has reached almost 20,000, and total estimated insured losses are more than $121.5 million, the Florida Office of Insurance Regulation reported this week. The …

10 09, 2024

Trojan Condoms Contain ‘Forever Chemicals,’ Lawsuit Claims

By | September 10th, 2024|Uncategorized|Comments Off on Trojan Condoms Contain ‘Forever Chemicals,’ Lawsuit Claims

A new lawsuit claims that Trojan condoms are not safe because they contain toxic “forever chemicals,” which have been linked to cancer. In a proposed class action filed in Manhattan federal court, the plaintiff Matthew Goodman said Church & Dwight’s …

10 09, 2024

15 Feet of Storm Surge Possible When Francine Hits Gulf Coast, 125K Homes at Risk

By | September 10th, 2024|Uncategorized|Comments Off on 15 Feet of Storm Surge Possible When Francine Hits Gulf Coast, 125K Homes at Risk

One forecast calls for Francine to intensify into a Category 2 hurricane in the next 24 hours before hitting the Louisiana coast with storm surge of up to 15 feet, while a catastrophe modeler says the surge could cause flooding …