News Archives - Claims Journal

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20 09, 2024

MrBeast and Amazon Sued by Competitors From His $5M Reality Show for ‘Unsafe’ Conditions

By | September 20th, 2024|Uncategorized|Comments Off on MrBeast and Amazon Sued by Competitors From His $5M Reality Show for ‘Unsafe’ Conditions

MrBeast is accused of creating “unsafe” employment conditions, including sexual harassment, and misrepresenting contestants’ odds at winning his new Amazon reality show’s $5 million grand prize in a lawsuit filed by five unnamed participants. The filing alleges that the multimillion-dollar …

20 09, 2024

U.S. Warns Allies Russia Seeking to Disrupt Cargo Shipping Firms

By | September 20th, 2024|Uncategorized|Comments Off on U.S. Warns Allies Russia Seeking to Disrupt Cargo Shipping Firms

The U.S. has warned its allies that Russia is targeting cargo shipping companies as it seeks to disrupt Ukraine’s partners, according to people familiar with the matter. While Russia has focused cyberattacks and other so-called hybrid actions on shipping firms …

20 09, 2024

J&J Lifts Baby Powder Settlement Bid to More than $8.2 Billion

By | September 20th, 2024|Uncategorized|Comments Off on J&J Lifts Baby Powder Settlement Bid to More than $8.2 Billion

Johnson & Johnson has boosted to more than $8.2 billion its offer to settle thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter. The offer, an increase from the …

20 09, 2024

Exploding Pagers Raise Global Supply-Chain Security Concern

By | September 20th, 2024|Uncategorized|Comments Off on Exploding Pagers Raise Global Supply-Chain Security Concern

Thousands of pagers and other devices exploding in Lebanon this week mark a new and deadly escalation in the use of supply chains against adversaries, giving new urgency to global leaders’ drive to reduce their dependence on technologies from rivals. …

18 09, 2024

AT&T Agrees to Pay $13 Million FCC Fine For Cloud Data Leak

By | September 18th, 2024|Uncategorized|Comments Off on AT&T Agrees to Pay $13 Million FCC Fine For Cloud Data Leak

AT&T Inc. agreed to pay $13 million to settle an investigation by the US Federal Communications Commission into whether the telecommunications company failed to protect customer data that was stolen when a cloud vendor was hacked last year. The unnamed …

18 09, 2024

U.S. Property Insurance Rates Fall for First Time Since 2017

By | September 18th, 2024|Uncategorized|Comments Off on U.S. Property Insurance Rates Fall for First Time Since 2017

U.S. property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid lower losses tied to catastrophes. The average U.S. property insurance rate decreased 0.94% in the second quarter from a year …

18 09, 2024

Top of Travelers’ List of Most Common Wedding Insurance Claims Not So Surprising

By | September 18th, 2024|Uncategorized|Comments Off on Top of Travelers’ List of Most Common Wedding Insurance Claims Not So Surprising

When something goes wrong at a wedding and a claim is filed, one of the most common reasons behind the snafu is not too surprising—someone likely wasn’t doing their job. Vendor difficulties topped the list of wedding claims. Nearly half …

17 09, 2024

Coastal Carolina Gets 1,000-Year Rainfall Event From Storm System

By | September 17th, 2024|Uncategorized|Comments Off on Coastal Carolina Gets 1,000-Year Rainfall Event From Storm System

Parts of North Carolina saw something Monday that has not been seen in hundreds, or perhaps 1,000 years – 18 inches of rain in half a day. That’s “once in every 1,000 years!” the National Weather Service said on social …

17 09, 2024

Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

By | September 17th, 2024|Uncategorized|Comments Off on Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said. The opaque nature of the ownership of those vessels makes it hard …

17 09, 2024

Oracle Settles Suit Over Tracking Data for $115 Million

By | September 17th, 2024|Uncategorized|Comments Off on Oracle Settles Suit Over Tracking Data for $115 Million

Tech behemoth Oracle has agreed to settle a class action lawsuit for $115 million over allegations that it tracked consumer activity both on and offline. The suit alleges Oracle captured, compiled, and sold individuals’ data to third parties without their …