Archive for August 2019
Expert Wins Settlement in Whistleblower Case against Cisco
BOSTON — A computer security expert won a rare payout in a whistleblower lawsuit he filed against Cisco Systems Inc. almost a decade ago, after he reported critical security flaws in Cisco video surveillance software used at major U.S. international … Source: Claims Journal
Read MoreShut Philadelphia Refinery Begins Risky Job of Removing Toxic Chemical
PHILADELPHIA — Workers at the fire-damaged Philadelphia Energy Solutions refinery took the first steps this week toward ridding the plant of roughly 30,000 barrels of modified hydrofluoric acid, a dangerous undertaking that has rarely, if ever, been performed under similar … Source: Claims Journal
Read MoreEnbridge Texas Eastern Gas Pipe Remains Shut After Kentucky Blast
Canadian energy company Enbridge Inc said the section of its Texas Eastern pipe that killed one person when it exploded on Thursday remained shut while the company works with federal and state officials to investigate the incident. The blast near … Source: Claims Journal
Read More‘Hyper-Local’ Forecaster, Instant Flood Claims Payer Selected for Lloyd’s Incubator
A company that delivers “hyper-local” weather forecasts and a firm that predicts emerging risks by mining research data were among 11 insurtechs selected by Lloyd’s of London to participate in a 10-week incubator program. Lloyd’s picked the participants on Thursday … Source: Claims Journal
Read MoreViewPoint: Why Artificial Intelligence is Critical to True Claims Automation
Once thought of as highly traditional and reluctant to change, insurers today are rethinking everything. The rise of digital-first carriers, with an ethos borrowed from their ecommerce and ebanking cousins, has generated an intense interest from incumbent carriers to focus … Source: Claims Journal
Read MoreKentucky Natural Gas Pipeline Explosion Spurs Probe
A deadly explosion on an Enbridge Inc. natural gas pipeline killed one woman and burned several structures in central Kentucky, including nearby homes. The U.S. Transportation Department sent a Pipeline and Hazardous Materials Safety Administration investigator to the site and … Source: Claims Journal
Read MoreBusinesses Learn Hard Lessons When not Prepared for Disaster
NEW YORK — When Hurricane Irma hit Puerto Rico in September 2017, Carlos Melendez couldn’t contact the staffers or customers of his San Juan-based technology firm, Wovenware. Melendez learned a lesson that would help his business during the next storm, … Source: Claims Journal
Read MoreAs Sea Levels Rise, Homes Continue to Sprout in U.S. Flood Zones
NEW YORK — New homes are going up fastest in high-flood risk areas in many U.S. coastal states, scientists said on Wednesday, despite increasing awareness that global warming has made living in such areas even more risky. Science and communication … Source: Claims Journal
Read MoreSan Diego Duo Takes on Electric Scooter Industry
SAN DIEGO — Two men in San Diego have impounded thousands of electric scooters they say have been left littered about the city and endangering pedestrians, sparking a battle with companies that have flooded cities with the two-wheelers. John Heinkel, … Source: Claims Journal
Read MoreOklahoma Makes Final Bid to Hold J&J Responsible for Opioid Epidemic
Oklahoma’s attorney general on Wednesday made his final bid to force Johnson & Johnson to pay $17 billion for its part in fueling the opioid epidemic, saying the drugmaker’s “egregious” marketing caused an oversupply of addictive drugs and overdose deaths. … Source: Claims Journal
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