Industry News
Two Delta Air Lines Inc. regional jets collided at low speed while taxiing at New York’s LaGuardia Airport on Wednesday night, causing minor injuries to one flight attendant and prompting regulators to open an investigation. Both planes were CRJ-900 aircraft …
Via: Claims Journal
A study by the Insurance Institute for Business and Home Safety found roof damage from smaller hailstones may be much more significant than previously believed. It’s a finding that one plaintiffs’ lawyer has already cited as potential support for roof …
Via: Claims Journal
Tyson Foods agreed to pay $85 million to settle a lawsuit by consumers who accused the largest U.S. meat company of conspiring with rivals to inflate pork prices by limiting supply in the $20 billion U.S. market. The preliminary class …
Via: Claims Journal
The first named storm of the season is forecast to hit the U.K. and Ireland with heavy rain and gale-force winds on Friday and Saturday, disrupting transport in northern regions.
Via: Claims Journal
Executives at large organizations are being extorted by a notorious ransomware group, which claims to have stolen data from them via Oracle Corp.’s popular E-Business Suite applications, according to a Google cybersecurity executive and three others familiar with the matter. …
Via: Claims Journal
The 2018 collapse of a pedestrian bridge in Miami, Florida, served as a headgear wake-up call for Scott Greenhaus. A 40-plus-year veteran of the construction industry, Greenhaus was working with his team to install a post-tensioning system when the bridge …
Via: Claims Journal
Five former Deutsche Bank employees are suing their ex-employer, according to court filings published in London on Wednesday. The five were among a group of bankers at Deutsche who were convicted in 2019, and then acquitted in 2022, over derivative …
Via: Claims Journal
A federal judge said Coinbase shareholders may pursue a narrowed lawsuit accusing the largest U.S. cryptocurrency exchange operator of concealing business risks, including whether it would be sued by the Securities and Exchange Commission. In a Tuesday night decision, U.S. …
Via: Claims Journal
Moët Hennessy and its ousted finance chief are embroiled in a legal spat after the drinks giant accused him of violating a non-disclosure agreement by leaking secrets for an article about his partner’s sexual-harassment claim. Mark Stead signed the NDA …
Via: Claims Journal
September turned out to be a slumber for hurricane watchers. For the first time in a decade, the month of September produced no hurricane landfalls in the United States. Seven of the previous eight years this occurred, no hurricane made …
Via: Claims Journal