Archive for September 2019
Businesses are Walking a Fine Line Between Innovation and Cybersecurity
Companies are working to balance their desire for new innovations with their need for strong cyber-defenses, a new report from CompTIA, a technology industry trade association, finds. CompTIA’s “Cybersecurity for Digital Operations,” based on a survey of 500 U.S. businesses, … Source: Claims Journal
Read MoreAs Shock Wears Off, Mental Health Concerns Grow in Bahamas
HIGH ROCK, Bahamas — One woman and her husband huddled on top of a bedroom dresser for two days, surrounded by floodwaters. Another man sat in his wheelchair for nearly 48 hours in water up to his chest, alone in … Source: Claims Journal
Read MoreFAA Chief to Meet with Boeing Officials, Test 737 MAX Simulator
New Federal Aviation Administration chief Stephen Dickson plans to fly to Seattle this week to fly “newly configured” Boeing 737 MAX software in a simulator and will visit with Boeing officials, the agency said Monday. Boeing plans to revise the … Source: Claims Journal
Read MorePurdue’s Bankruptcy Deal Has Holes the Size of 24 States
If Purdue Pharma LP wants its bankruptcy plan to work, it’ll have to find a way to halt the kind of government lawsuits that normally can’t be stopped by a Chapter 11 case. Purdue said the point of its court … Source: Claims Journal
Read MoreJPMorgan Inherited ‘Spoof’ Method From Bear Stearns, U.S. Says
When JPMorgan Chase & Co. took over Bear Stearns more than a decade ago, it got two traders with a new trick. Their strategy: Use multiple fake orders to manipulate the prices of precious metals futures. The maneuver, adopted by … Source: Claims Journal
Read More3rd Circuit Revives Some of Manufacturer’s Claims Against Insurers
Sapa Extrusions purchased 28 insurance policies from eight carriers, but not one of them would reimburse the manufacturer for the cost of a settlement it paid after being sued for shoddy workmanship. A federal appellate court, however, has cleared the … Source: Claims Journal
Read MoreConference: California Workers’ Comp Should Embrace Innovation
The workers’ compensation market apparently needs to do some catching up where it concerns technology. “Historically we’ve been really slow to adapt to technology and innovation,” said Shaun Jackson, executive director of risk management at Panda Restaurant Group. Jackson was … Source: Claims Journal
Read MoreBankrupt Philadelphia Refinery Expects $50M Advanced Insurance Payment
Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with a June blaze that led to the plant’s closure, court documents showed. The infusion of funds would buy cash-strapped Philadelphia … Source: Claims Journal
Read MoreCleanup Resumes in Bahamas as Humberto Swirls Away
MCLEAN’S TOWN, Bahamas — Jeffrey Roberts lifted a mustard-yellow curtain from the ground to hunt for passports and other documents at the place where his family’s home stood before Hurricane Dorian blasted into Grand Bahama Island. What was underneath was … Source: Claims Journal
Read MoreUS Officials Revise Vaping Illness Count to 380 in 36 States
NEW YORK — The U.S. government has refined how it is measuring an outbreak of breathing illnesses in people who vape, now counting only cases that are most closely linked to electronic cigarette use. Health officials on Thursday said 380 … Source: Claims Journal
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