Archive for March 2019

A preliminary report on an Ethiopian Airlines crash will very likely be released this week, the country’s transport ministry said on Tuesday, as Boeing prepares to brief more airlines on software and training updates on the 737 MAX jet. In … Source: Claims Journal

Norwegian aluminum maker Norsk Hydro may have lost more than $40 million in the week that followed a cyber attack that paralyzed parts of its operations, and a full recovery of IT systems will take weeks or more, the company … Source: Claims Journal

About the photo: Floodwaters surround corn sitting under a collapsed grain bin in this aerial photograph over Thurman, Iowa. Photographer: Daniel Acker/Bloomberg Chad Korth’s Nebraska farm was mostly unscathed from the catastrophic floods that soaked nearby fields thanks to being … Source: Claims Journal

California lawyer Michael Avenatti brushed aside accusations by federal prosecutors that he tried to extort millions of dollars from Nike Inc., tweeting to thank supporters after he was released on bail and lobbing fresh accusations at the world’s biggest sports … Source: Claims Journal

Purdue Pharma LP and the Sackler family will pay $270 million to settle Oklahoma’s claims that illegal marketing of the Oxycontin painkiller devastated local communities, an accord that could influence the results of thousands of lawsuits faced by the company … Source: Claims Journal

U.S. motorists appear to forgetting one of the earliest lessons of car ownership: Don’t leave your keys in the car. The National Insurance Crime Bureau reported on Monday that the number of vehicles that were stolen because drivers left their … Source: Claims Journal

Two key votes this week will help set the tone and direction for cannabis acceptance in the U.S., including a push by New Jersey to become the 11th state to legalize recreational pot. Garden State lawmakers are expected to vote … Source: Claims Journal

Cybercrime claims by policyholders outside the health care sector nearly doubled in 2018, led by financial fraud, often phishing schemes that lead to payments or wire transfers to criminals posing as clients or business partners, NAS Insurance said in a … Source: Claims Journal

The U.S. Gulf Coast’s most important industrial waterway partially reopened on Monday after it was polluted with cancer-causing benzene and toxic runoff from the region’s worst chemical disaster in more than a decade. A two-mile stretch of the Houston Ship … Source: Claims Journal

WASHINGTON — The Federal Emergency Management Agency wrongly released to a contractor the personal information of 2.3 million survivors of devastating 2017 hurricanes and wildfires, potentially exposing the victims to identity fraud and theft, a government watchdog reported Friday. The … Source: Claims Journal