Archive for January 2023
Attorney Sentenced to 8 Years for Stealing Insurance Settlement Checks
A former Portland, Oregon personal injury attorney was sentenced Monday to eight years, five months in prison and ordered to pay $4.5 million in restitution for stealing insurance payouts from 135 clients. Lori E. Deveny’s actions led to the largest … Source: Claims Journal
Read MoreFla. Claims Adjuster Pleads Guilty in Scheme to Rob Drug Dealers
A former Florida claims adjuster for State Farm Insurance and Berkshire Hathaway Group has pleaded guilty to participating in a brazen plan in which suspects posed as law officers and robbed alleged drug dealers in the Tampa area. From December … Source: Claims Journal
Read MoreVista to Take Duck Creek Technologies Private in $2.6B Deal
Duck Creek Technologies, which serves some of the biggest clients in the property and casualty sector, will be taken private by Vista Equity Partners in an all-cash deal valued at about $2.6 billion, the insurance tech firm said on Monday. … Source: Claims Journal
Read MoreTexas Oil Worker Dead After Falling into North Dakota Pit
BISMARCK, N.D. (AP) — A worker from Texas is dead after falling at an oil rig site in North Dakota. Daniel Navarrete, 42, of New Braunfels, Texas, fell through an open hatch Thursday in a pit at a Nabors Industries … Source: Claims Journal
Read MoreCalifornia Braces for More Rain, Storms, Potential Floods
SAN FRANCISCO (AP) — California braced for more stormy weather with rain sweeping into the northern part the state and the San Francisco Bay area, preceding a series of powerful incoming Pacific storms and raising the potential for road flooding, … Source: Claims Journal
Read MoreFuel Leak in Virginia Shuts Down Part of Colonial Pipeline
DANVILLE, Va. (AP) — A diesel fuel leak in Virginia shut down part of the Colonial Pipeline, the nation’s largest fuel pipeline, which supplies roughly half the fuel consumed on the East Coast, but it is expected to restart Saturday, … Source: Claims Journal
Read MoreTwitter Leak Exposes 235 Million Email Addresses from Hack
Personal emails linked to 235 million Twitter accounts hacked some time ago have been exposed according to Israeli security researcher Alon Gal _ making millions vulnerable to having their accounts compromised or identities exposed if they have used the site … Source: Claims Journal
Read MoreSeattle Schools Sue Tech Giants over Social Media Harm
SEATTLE (AP) — The public school district in Seattle has filed a novel lawsuit against the tech giants behind TikTok, Instagram, Facebook, YouTube and Snapchat, seeking to hold them accountable for the mental health crisis among youth. Seattle Public Schools … Source: Claims Journal
Read MoreNo Coverage for Food Plant that Paid $2M to Avoid Shutdown and Potential Business-Interruption Claim
Ken’s Foods would likely have filed a $10 million business-interruption claim had it not spent $2 million to upgrade its wastewater treatment system, the company’s lawyer says. That doesn’t mean its insurer has a common-law duty to reimburse the company … Source: Claims Journal
Read MoreBlack Sea Shipping Rates Rise as Reinsurers Cut Cover
LONDON –– Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said. The Black Sea is crucial … Source: Claims Journal
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