Industry News
A Connecticut man has been arrested and charged with insurance fraud for allegedly running a scam involving filing fraudulent insurance claims for iPhones. Connecticut State Police said its investigation linked Esmaylin Delacruz of Milford to at least $50,000 in value …
Via: Claims Journal
Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion, according to a new report, potentially making the blazes the second-costliest natural disaster in U.S. history. The Eaton and Palisades …
Via: Claims Journal
A lawsuit alleging for the first time that people died because of the disastrous 2023 East Palestine train derailment was announced on Monday’s second anniversary of the toxic crash near the Ohio-Pennsylvania border amid a flurry of new litigation. On …
Via: Claims Journal
Amazon.com Inc.’s decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union. The Federation of National Trade Unions will petition a court …
Via: Claims Journal
The National Transportation Safety Board said on Monday it has completed interviews with air traffic controllers in its investigation into the collision last week between an American Airlines regional passenger jet and a U.S. Army helicopter over the Potomac River …
Via: Claims Journal
A federal appeals court panel in San Francisco appeared skeptical of Alphabet Inc.’s argument that its competition with Apple Inc. in smartphones is sufficient to justify overturning a jury verdict that declared an illegal monopoly for Android apps. “Even if …
Via: Claims Journal
Weeks after wildfires that killed at least 29 people and destroyed entire neighborhoods, Southern California is facing another extreme-weather threat: Too much rain. After drenching the northern part of the state, a massive Pacific storm will start to move south …
Via: Claims Journal
Lawyers for Alphabet’s Google and “Fortnite” maker Epic Games squared off before a U.S. appeals court in California on Monday, as Google tries to undo a jury verdict and a judge’s order forcing it to revamp its app store. Google’s …
Via: Claims Journal
Treasury Secretary Scott Bessent is now the acting head of the U.S. Consumer Financial Protection Bureau, signaling a potential shift away from the aggressive enforcement and regulatory approach under Rohit Chopra. It comes after Chopra was fired by the Trump …
Via: Claims Journal
In today’s world of interconnected computer-based information systems, cyber risk has become one of the critical risk factors impacting organizations. Indeed, several studies have shown that cyber risk (for exmaple, the probability of being the victim of a successful cyber-attack) …
Via: Claims Journal