News Archives - Claims Journal

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So far News Archives - Claims Journal has created 282 blog entries.
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, …

30 04, 2024

BHP, Vale Offer Brazil $25.7 Billion Payment for Dam Disaster

By | April 30th, 2024|Uncategorized|Comments Off on BHP, Vale Offer Brazil $25.7 Billion Payment for Dam Disaster

Mining giants BHP Group and Vale SA offered to pay Brazil about $25.7 billion in total compensation for a 2015 tailings dam disaster at their joint-venture iron ore complex. The offer comes as the companies and Brazilian authorities renew negotiations …

30 04, 2024

Lockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks

By | April 30th, 2024|Uncategorized|Comments Off on Lockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks

A simulated cyber catastrophe highlights the benefits and problems cyber insurance carriers will encounter as a result, according to a report released by Lockton Re. The report, “A Kaleidoscope of Possibilities: Preparing for Ivan Wiper,” focuses on the consequences of …

30 04, 2024

Williams-Sonoma to Pay $3.2M for Violating FTC’s ‘Made in USA’ Order

By | April 30th, 2024|Uncategorized|Comments Off on Williams-Sonoma to Pay $3.2M for Violating FTC’s ‘Made in USA’ Order

Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in …

26 04, 2024

Report: Cybercrime ‘A Thriving Business,’ as U.S. Claims Frequency Rises

By | April 26th, 2024|Uncategorized|Comments Off on Report: Cybercrime ‘A Thriving Business,’ as U.S. Claims Frequency Rises

Cyber claims frequency in the U.S. rose 13% last year, a new report shows. Coalition this week released its 2024 Cyber Claims Report, which includes data and case studies from organizations across the country. The report portrays cybercrime as “a …

26 04, 2024

HSBC Wins $1.6 Billion Suit Over Disney Film Finance Scandal

By | April 26th, 2024|Uncategorized|Comments Off on HSBC Wins $1.6 Billion Suit Over Disney Film Finance Scandal

HSBC Holdings Plc successfully fought off a London court claim brought by a group of investors in a £1.3 billion ($1.6 billion) lawsuit over tax breaks linked to Walt Disney Co. film financing. The bank faced allegations that it misled …

26 04, 2024

Missouri House Backs Legal Shield for Weedkiller Maker Facing Cancer Lawsuits

By | April 26th, 2024|Uncategorized|Comments Off on Missouri House Backs Legal Shield for Weedkiller Maker Facing Cancer Lawsuits

The manufacturer of a popular weedkiller won support Wednesday from the Missouri House for a proposal that could shield it from costly lawsuits alleging it failed to warn customers its product could cause cancer. The House vote marked an important …

11 04, 2024

US Cyber Agency Warns of Compromise at Sisense Data Firm

By | April 11th, 2024|Uncategorized|Comments Off on US Cyber Agency Warns of Compromise at Sisense Data Firm

The US lead agency for federal cybersecurity is warning that Sisense Inc., a data analytics company, has suffered a compromise that could expose customer credentials and cryptographic secrets. Sisense provides AI-driven analytics to thousands of customers, according to the company’s …

11 04, 2024

US Cyber Agency Says Russian Hackers Used Microsoft Access to Steal Government Emails

By | April 11th, 2024|Uncategorized|Comments Off on US Cyber Agency Says Russian Hackers Used Microsoft Access to Steal Government Emails

The U.S. Cybersecurity and Infrastructure Security Agency said Russian government-backed hackers have used their access to Microsoft’s email system to steal correspondence between officials and the tech giant, an emergency directive by the U.S. watchdog released on Thursday showed. In …