News Archives - Claims Journal

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2 02, 2024

Nevada Tops States Where Energy Workers Get Highest Compensation Pay-Outs

By | February 2nd, 2024|Uncategorized|Comments Off on Nevada Tops States Where Energy Workers Get Highest Compensation Pay-Outs

Nevada tops states in a new study of states in which current and former employees of the Department of Energy received the highest average payout in monetary compensation and paid medical bills after suffering illnesses as a result of being …

2 02, 2024

States Strike Two Opioid Deals Raising $500 Million for Crisis

By | February 2nd, 2024|Uncategorized|Comments Off on States Strike Two Opioid Deals Raising $500 Million for Crisis

An opioid manufacturer and an advertising firm that aggressively marketed the painkillers for a decade struck separate deals with states on Thursday totaling $500 million, injecting fresh cash into the nationwide effort to tackle the fallout from the ongoing addiction …

2 02, 2024

Lex Greensill’s Fraud Means Zurich Can’t Payout $400 Million, Insurer Argues

By | February 2nd, 2024|Uncategorized|Comments Off on Lex Greensill’s Fraud Means Zurich Can’t Payout $400 Million, Insurer Argues

Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400 million claim, Zurich Insurance Group said in a London lawsuit. Greensill Bank AG’s administrators sued Zurich to recoup losses of …

2 02, 2024

Crash Tests Indicate Nation’s Guardrail System Can’t Handle Heavy Electric Vehicles

By | February 2nd, 2024|Uncategorized|Comments Off on Crash Tests Indicate Nation’s Guardrail System Can’t Handle Heavy Electric Vehicles

Electric vehicles that typically weigh more than gasoline-powered cars can easily crash through steel highway guardrails that are not designed to withstand the extra force, raising concerns about the nation’s roadside safety system, according to crash test data released Wednesday …

1 02, 2024

GSK Settles Zantac Case Weeks Before Trial Was Set to Begin

By | February 1st, 2024|Uncategorized|Comments Off on GSK Settles Zantac Case Weeks Before Trial Was Set to Begin

GSK Plc has settled a US lawsuit on heartburn medicine Zantac just weeks before the case was due to be heard in a court in California. The British drugmaker said it had reached a confidential settlement with David Browne and …

1 02, 2024

California Braces for Floods and Snow as Big Storm Nears Coast

By | February 1st, 2024|Uncategorized|Comments Off on California Braces for Floods and Snow as Big Storm Nears Coast

The first of two large moisture streams are coming ashore in Northern California and will spread rain further south through Thursday. Northern California will likely receive 3 to 5 inches (7.6 to 12.7 cm) of rain, while central areas are …

1 02, 2024

California’s Landmark Climate Disclosure Laws Challenged by Business Groups

By | February 1st, 2024|Uncategorized|Comments Off on California’s Landmark Climate Disclosure Laws Challenged by Business Groups

Major U.S. business groups sued California on Tuesday seeking to overturn the state’s new sweeping climate disclosure laws that require companies to publicly report their greenhouse gas emissions and climate-related financial risks. The lawsuit was filed in Los Angeles federal …

1 02, 2024

Officials Say California Family Arraigned for Auto Insurance Fraud Filed 40-Plus Claims

By | February 1st, 2024|Uncategorized|Comments Off on Officials Say California Family Arraigned for Auto Insurance Fraud Filed 40-Plus Claims

Shannon Ninio, 60, of North Hills was arraigned for insurance fraud after a California Department of Insurance investigation found she and her husband, Moshe Ninio, allegedly stole customers’ personal information and used that information to file more than 40 fraudulent …

1 02, 2024

Sotheby’s Wins Suit by Russian Billionaire Over Art Fraud

By | February 1st, 2024|Uncategorized|Comments Off on Sotheby’s Wins Suit by Russian Billionaire Over Art Fraud

Sotheby’s was cleared by a New York jury of allegations that it helped a dealer defraud a Russian billionaire, likely ending a nearly decade-old battle over the often murky relationships that surround high-end art deals. Jurors on Tuesday rejected Dmitry …

1 02, 2024

Viewpoint: How Corporate Help Desks Became the Weak Spot in Cyber Defenses

By | February 1st, 2024|Uncategorized|Comments Off on Viewpoint: How Corporate Help Desks Became the Weak Spot in Cyber Defenses

The cyberattack on MGM Resorts in September 2023 provides a vivid example of the effects these types of attacks can have in today’s complex and interconnected IT environments. MGM estimates the incident-related costs at upwards of $100 million, after the …