Archive for March 2022

BRISBANE, Australia (AP) — Tens of thousands of people were ordered to evacuate their homes by Tuesday and hundreds of thousands more were told to prepare to flee as parts of Australia’s southeast coast were inundated by the worst flooding … Source: Claims Journal

RICHMOND, Va. (AP) — Russia has some of the best hackers in the world, but in the early days of the war in Ukraine, its ability to create mayhem through malware hasn’t had much of a noticeable impact. Instead, it’s … Source: Claims Journal

TOKYO (AP) — Toyota plans to resume production at all of its 14 plants as of Wednesday, after they were idled for a day due to a cyberattack on a domestic supplier. The supplier, Kojima Industries Corp., said Tuesday it … Source: Claims Journal

DENVER (AP) _ Some homeowners recovering from Colorado’s most destructive wildfire in history, which decimated entire neighborhoods near Denver late last year, say they could end up paying tens of thousands of dollars more to rebuild because of environmentally sustainable … Source: Claims Journal

BANGKOK (AP) — A landslide in northern Myanmar, the world’s largest source of jade, killed 15 miners and left at least 35 others missing, local residents said Tuesday. The accident occurred Monday night in Kachin state’s Hpakant township, a remote … Source: Claims Journal

J.D. Power says frustration with slower claim cycle times and a rough transition to digital channels contributed to the lowest customer satisfaction score for property claims in five years. Overall customer satisfaction with homeowner insurance property claims dropped to 871 … Source: Claims Journal

LONDON/WASHINGTON —Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialize amid disarray among the criminal underworld often behind such attacks and fears insurers would not pay out. Conti, one of … Source: Claims Journal

FRANKFURT, Germany –– A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over their losses in a multibillion-dollar trading debacle at the German asset manager’s funds arm. The move marks … Source: Claims Journal

A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the Portuguese Azores archipelago nearly two weeks after it caught fire, a port official said. Joao Mendes Cabecas, the captain of the nearest … Source: Claims Journal

A swath of major American businesses — from major banks to utility companies — is preparing for possible cyberattacks against their computer networks as Russia on Thursday threatened “consequences” for nations that interfere with its invasion of Ukraine. Their concerns, … Source: Claims Journal