News Archives - Claims Journal

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1 10, 2024

WCF Insurance Names Ashby Senior VP of Claims, Pugh Becomes COO

By | October 1st, 2024|Uncategorized|Comments Off on WCF Insurance Names Ashby Senior VP of Claims, Pugh Becomes COO

WCF Insurance named J.D. Ashby as senior vice president of claims. WCF also named Charles Pugh chief operating officer. Ashby started in 2002 in the legal department, transitioning into claims in 2015. He also worked in the firm’s human resources …

1 10, 2024

Bristol Myers Beats $6.4 Billion Lawsuit Over Delayed Cancer Drug

By | October 1st, 2024|Uncategorized|Comments Off on Bristol Myers Beats $6.4 Billion Lawsuit Over Delayed Cancer Drug

Bristol Myers Squibb won the dismissal on Monday of a $6.4 billion lawsuit claiming it cheated former Celgene shareholders by delaying federal approval for the cancer drug Breyanzi and two other drugs developed by Celgene. U.S. District Judge Jesse Furman …

1 10, 2024

US Reaches $31.5 Million Settlement With T-Mobile Over Data Breaches

By | October 1st, 2024|Uncategorized|Comments Off on US Reaches $31.5 Million Settlement With T-Mobile Over Data Breaches

T-Mobile has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S. consumers, the agency said on Monday. T-Mobile will pay a …

30 09, 2024

AccuWeather Puts Total Damage and Economic Loss From Helene at $145B to $160B

By | September 30th, 2024|Uncategorized|Comments Off on AccuWeather Puts Total Damage and Economic Loss From Helene at $145B to $160B

AccuWeather increased its estimate of the total damage and economic loss from Hurricane Helene to between $145 billion and $160 billion. This update is an increase from AccuWeather’s preliminary estimate late last week of total damage and economic loss of …

30 09, 2024

Hurricane Helene Halts Poultry Plants, Damages Cotton Crops

By | September 30th, 2024|Uncategorized|Comments Off on Hurricane Helene Halts Poultry Plants, Damages Cotton Crops

Hurricane Helene has halted chicken processing plants and caused severe damage to some flocks, while also downing pecan trees and flattening cotton crops, as floodwaters swamped the southern U.S. Every commodity was impacted, with cotton, pecans, poultry and timber the …

30 09, 2024

Globe Life Says It May Face EEOC Lawsuit Over Alleged Discrimination

By | September 30th, 2024|Uncategorized|Comments Off on Globe Life Says It May Face EEOC Lawsuit Over Alleged Discrimination

Globe Life may face a lawsuit from the Equal Employment Opportunity Commission (EEOC) over alleged discrimination against six of its sales agents, the insurer disclosed in a regulatory filing on Friday. The EEOC, a federal body responsible for enforcing laws …

30 09, 2024

Abbott, Reckitt Face Trial Over Premature Baby Formula Amid Alarm From Doctors

By | September 30th, 2024|Uncategorized|Comments Off on Abbott, Reckitt Face Trial Over Premature Baby Formula Amid Alarm From Doctors

A Missouri mother and her lawyers this week will aim to convince a jury that Abbott, Reckitt’s Mead Johnson and St. Louis Children’s Hospital are responsible for a severe intestinal illness that she says her premature son got from the …

30 09, 2024

Epic Games Accuses Samsung, Google of Scheme to Block App Rivals

By | September 30th, 2024|Uncategorized|Comments Off on Epic Games Accuses Samsung, Google of Scheme to Block App Rivals

“Fortnite” video game maker Epic Games on Monday accused Alphabet’s Google and Samsung, the world’s largest Android phone manufacturer, of conspiring to protect Google’s Play store from competition. Epic filed a lawsuit in U.S. federal court in California alleging that …

30 09, 2024

US Eastern Ports Prepare to Close With Labor Talks Stalled

By | September 30th, 2024|Uncategorized|Comments Off on US Eastern Ports Prepare to Close With Labor Talks Stalled

Key industry and government officials are urging U.S. dockworkers and their employers to avoid a strike at East and Gulf coast ports this week, though many facilities are already bracing for a shutdown. “We are coordinating with partners across the …

27 09, 2024

GAO Study IDs Critical Risks in Aging U.S. Air Traffic Control Systems

By | September 27th, 2024|Uncategorized|Comments Off on GAO Study IDs Critical Risks in Aging U.S. Air Traffic Control Systems

A Government Accountability Office risk assessment to evaluate the viability of Federal Aviation Administration operated air traffic control systems following a shutdown of the national airspace in 2023 shows 37% of the systems are unsustainable. The GAO assessment out this …