Archive for May 2021

NEW ORLEANS (AP) — Hurricane Zeta, which swept through southeast Louisiana at the tail end of the 2020 hurricane season, has been upgraded to a major, Category 3 storm at Louisiana landfall, according to a federal report released Tuesday that … Source: Claims Journal

After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of motor fuels after a crippling cyberattack led to fuel shortages across East Coast states. The Colonial Pipeline, which carries 100 … Source: Claims Journal

NASHVILLE, Tenn. (AP) — More than 20 hospitals want a slew of documents from a drug manufacturer made public after a Tennessee judge ruled against the company without a trial in a lawsuit over the opioid epidemic, saying the company … Source: Claims Journal

ANN ARBOR, Mich. (AP )– Staff at the University of Michigan missed many opportunities to stop a doctor who committed sexual misconduct for decades with long-term consequences for hundreds of patients, including generations of student athletes, a law firm hired … Source: Claims Journal

SALEM, Ore. (AP) — A Willamette Valley grass seed dealer accused of mislabeling over 8 million pounds of seed will pay $300,000 in a settlement with Oregon state agriculture officials. Dynamic Seed Source LLC and owner Trevor Abbott have agreed … Source: Claims Journal

A crew member aboard a Cuba-flagged oil tanker on its way from a Mexican shipyard to Venezuela was reported missing this week, according to a shipping report seen by Reuters, marking the second incident aboard the same vessel in about … Source: Claims Journal

Because of “ambiguous” policy language in a complicated insurance contract, a directors and officers insurer may be liable for more than $600,000 in legal fees paid by the founder of a business that was sued by its investors. A panel … Source: Claims Journal

When a new ransomware group popped up on the scene last year, the hackers did what’s in vogue for digital extortion organizations these days: They issued a press release. The hackers had already made “millions of dollars” in profit working … Source: Claims Journal

One phone call with the Department of Justice: $2,300. Two days at the Ritz-Carlton: $830. Oh, and a lengthy cab ride to and from the court in White Plains, New York — that’ll be $1,000. Those are just some of … Source: Claims Journal

LONDON/ZURICH — Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital, the insurer’s chief financial officer said on Wednesday after it reported solid first-quarter earnings. Greensill Capital lent money … Source: Claims Journal