Archive for September 2015

An orthopedic surgeon was charged as the ringleader in one of the state’s biggest health fraud schemes, which included unnecessary operations by an untrained assistant that scarred patients forever, according to indictments unsealed Tuesday. Dr. Munir Uwaydah and 14 associates, … The post California Orthopedic Doctor Charged in $150M Insurance Fraud Scam appeared first on…

General Motors Co agreed to pay $900 million and admit to misleading the government and the public about the safety of its vehicles to end a U.S. criminal investigation into its handling of defective ignition switches linked to 124 deaths. … The post GM to Pay $900M in Criminal Settlement Over Faulty Ignition Switches appeared…

The damage from California’s fast-spreading wildfires is usually expressed in acres destroyed, homes razed or people killed. But for the firefighters, a mental and physical toll is mounting just as fast. Currently in the fourth year of a devastating drought, … The post California’s Continuous Fire Season Exhausts Firefighters appeared first on Claims Journal. Source:…

While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, according to a newly released KPMG International report. Based on a survey of 280 … The post KPMG Survey: When it Comes to Innovation, Insurers Still Lag appeared first…

The city will be the main testing ground for a smart device installed in vehicles to warn motorists of impending dangers and congestion, the U.S. secretary of transportation announced Monday. Secretary Anthony Foxx said New York will receive up to … The post New York to Test Vehicle Communication Safety Devices appeared first on Claims…

A cybercriminal group going by the name “DD4BC” is blackmailing financial institutions, threatening to take down their customer websites unless they pay a hefty bitcoin ransom. DD4BC – which stands for “DDoS for Bitcoin” (Distributed Denial of Service for Bitcoin) … The post Cyber-Extortionists Target Financial Sector, Demand Ransom in Bitcoin appeared first on Claims…

Esurance and Major League Baseball are establishing a new awards series that will hand out 24 prizes including best major leaguer, fan catch and social media post. The first-of-its-kind series adds content for MLB’s media properties while catering to its … The post Esurance, MLB Partner on New Digital Awards Series appeared first on Claims…

Bill Cosby, citing financial pressures, asked a federal judge to dismiss or put on hold a lawsuit in which American International Group Inc seeks to avoid paying for his defense against defamation claims by women who also accused him of … The post Dismissal Sought by Cosby in AIG Insurance Lawsuit appeared first on Claims…

According to a recent investigative report on data breaches, an estimated $400 million has been lost from a predicted 700 million compromised records in 2015. So which security controls are the most important in thwarting cyber crime against businesses?  Anti-malware? … The post Human Resources Poll Reveals Concern Over Internal Threats to Cybersecurity appeared first…

Ohio-based State Auto Financial Corporation announced  the death of Senior Vice President, Secretary and General Counsel James A. (Jay) Yano, who died unexpectedly on Monday in Columbus. “Beyond being an exceedingly competent attorney, Jay was a friend to many in … The post State Auto Financial Announces the Death of Yano, Senior Vice President, Secretary…