News Archives - Claims Journal

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8 05, 2024

After Years of Taunts, Brash Leader of LockBit Charged by US

By | May 8th, 2024|Uncategorized|Comments Off on After Years of Taunts, Brash Leader of LockBit Charged by US

For years now, the leader of the ransomware gang LockBit, known as LockBitSupp, has been a provocative if mysterious presence on dark web forums. He has goaded law enforcement authorities and aggressively recruited hackers from rival gangs. But his identity …

3 05, 2024

GSK, Boehringer Put Profits Over User Safety, Zantac Jury Told

By | May 3rd, 2024|Uncategorized|Comments Off on GSK, Boehringer Put Profits Over User Safety, Zantac Jury Told

Drugmakers GSK Plc and Boehringer Ingelheim GmbH prioritized profits over consumer safety by hiding the cancer risks of their once-blockbuster heartburn drug Zantac, according to lawyers representing a Chicago woman in the first of thousands of such claims to go …

3 05, 2024

RYZE Claim Solutions Adds Myers and Conti

By | May 3rd, 2024|Uncategorized|Comments Off on RYZE Claim Solutions Adds Myers and Conti

RYZE Claim Solutions added Stuart Myers and Christopher Conti to its board of directors. Myers is the former president and chief operating officer for York Insurance Services, which was acquired by American International Group. At AIG, he was senior vice …

3 05, 2024

Fired Google Workers Ousted Over Israeli Contract Protests File Complaint

By | May 3rd, 2024|Uncategorized|Comments Off on Fired Google Workers Ousted Over Israeli Contract Protests File Complaint

Dozens of Google workers who were fired after internal protests surrounding a lucrative contract that the technology company has with the Israeli government have filed a complaint with labor regulators in an attempt to get their jobs back. The complaint …

3 05, 2024

16 Nabbed in Florida Sting Operation for Failing to Get Workers’ Comp Coverage

By | May 3rd, 2024|Uncategorized|Comments Off on 16 Nabbed in Florida Sting Operation for Failing to Get Workers’ Comp Coverage

A sting operation in Manatee County, Florida, has led to the arrest of 16 men who were working without a contractor’s license and without securing workers’ compensation insurance on their employees. The sting was led by the Manatee Sheriff’s office …

3 05, 2024

Uber Hit With £250 Million Suit From London’s Black Cab Drivers

By | May 3rd, 2024|Uncategorized|Comments Off on Uber Hit With £250 Million Suit From London’s Black Cab Drivers

Uber Technologies Inc. was sued by thousands of London’s black cab drivers in a suit seeking hundreds of million pounds accusing it of unlawfully operating in the capital city. The claim alleges Uber improperly obtained a license to operate in …

2 05, 2024

JPMorgan Expects to Pay $100 Million in a Third Surveillance Case

By | May 2nd, 2024|Uncategorized|Comments Off on JPMorgan Expects to Pay $100 Million in a Third Surveillance Case

JPMorgan Chase & Co., fresh off settling complaints from two regulators over gaps in its trade-surveillance program, expects to pay an additional $100 million to settle a related inquiry from another watchdog. The firm disclosed the expected agreement in a …

2 05, 2024

The Difference Between Lost Wages and Lost Income Analyses

By | May 2nd, 2024|Uncategorized|Comments Off on The Difference Between Lost Wages and Lost Income Analyses

Forensic accountants are often retained to evaluate economic damages arising from a multitude of circumstances. These engagements require a set of specialized knowledge unique to the facts of the particular case. In many cases a forensic accountant will be retained …

2 05, 2024

ClaimsPro Names Stenberg Executive General Adjuster

By | May 2nd, 2024|Uncategorized|Comments Off on ClaimsPro Names Stenberg Executive General Adjuster

ClaimsPro added Jeffrey Stenberg to its Specialty Risk Division as an executive general adjuster in the U.S. Stenberg began his insurance career in 1987 performing boiler and machinery loss prevention surveys and jurisdictional inspections at large commercial properties. He has …

2 05, 2024

Report Shows Significant Drop in Opioids in Workers’ Comp

By | May 2nd, 2024|Uncategorized|Comments Off on Report Shows Significant Drop in Opioids in Workers’ Comp

Overall opioid utilization is down nearly 10%, and the use of sustained-release opioids dropped by more than 10%, a new report shows. Authors of the report credit efforts by workers’ comp regulators and professionals to control opioid prescriptions and distribution, …