Archive for December 2021

BOSTON (AP)–A critical vulnerability in a widely used software tool –one quickly exploited in the online game Minecraft–is rapidly emerging as a major threat to organizations around the world. “The internet’s on fire right now,” said Adam Meyers, senior vice … Source: Claims Journal

COSTA MESA, Calif. (AP)–A woman has been charged with grand theft for allegedly stealing more than $300,000 in merchandise from retail stores in California. Ekaterina Zharkova, 38, was arrested last month after an investigator with the California Highway Patrol’s Organized … Source: Claims Journal

PLACERVILLE, Calif. (AP)–A father and son charged with starting a massive California wildfire that destroyed many homes and forced tens of thousands of people to flee Lake Tahoe communities earlier this year pleaded not guilty in court Friday. The El … Source: Claims Journal

MAYFIELD, Ky. (AP)–Rescuers in an increasingly bleak search picked through the tornado-splintered ruins of homes and businesses Sunday, including a candle factory that was bustling with night-shift employees when it was flattened, as Kentucky’s governor warned the state’s death toll … Source: Claims Journal

Wells Media Group, Inc announced that it has become a 100% employee-owned firm via the launch of an Employee Stock Ownership Plan (ESOP). Wells Media, the publisher of Insurance Journal, Carrier Management and Claims Journal and other news and insights … Source: Claims Journal

In four separate decisions, a panel of the 7th Circuit Court of Appeals joined four other federal appellate courts in ruling that SARS-CoV-2 does not cause a direct physical loss or damage that triggers coverage under a commercial insurance policy. … Source: Claims Journal

WASHINGTON –Volkswagen AG’s U.S. unit will pay $3.5 million to resolve a lawsuit by the state of Illinois against the German automaker for updates of emissions software arising from the 2015 diesel cheating scandal. Last month, the U.S. Supreme Court … Source: Claims Journal

CHANDLER, Ariz.–Alphabet Inc’s Waymo risks losing its lead in the U.S. race to prove robotaxis are a viable business as it sticks to a limited service and rivals backed by automakers near their own launches. Companies including Ford Motor Co’s … Source: Claims Journal

Automobile insurance carriers in Florida may limit reimbursement to health providers in keeping with a fee schedule in a personal injury protection policy, the Florida Supreme Court decided in a decision posted today. “We agree with the Second District Court … Source: Claims Journal

WASHINGTON–The U.S. National Highway Traffic Safety Administration (NHTSA) said Thursday it is discussing with Tesla its decision to replace cameras in some U.S. vehicles. CNBC reported on Monday Tesla was replacing front fender cameras in several hundred Model S, X … Source: Claims Journal