Archive for October 2023

KUALA LUMPUR, Malaysia (AP) — A landslide that killed 31 people, including 13 children, at an unlicensed Malaysian campground last year was caused by persistent heavy rain, not human activity, a government investigation concluded. Ninety-two people were sleeping at a … Source: Claims Journal

Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption when making ransom demands, according to a new report by cyber insurer … Source: Claims Journal

Johnson & Johnson said it is weighing a third attempt to use bankruptcy for an $8.9 billion settlement of tens of thousands of lawsuits that allege tainted talc in the company’s baby powder caused cancer. Erik Haas, J&J’s lawyer in … Source: Claims Journal

Amazon.com said on Wednesday it was using a robotic system at one of its Houston warehouses to improve inventory management and speed up deliveries, building on its years-long bet that automation will help boost sales and worker safety. The technology, … Source: Claims Journal

Travelers Companies on Wednesday reported a 14% fall in quarterly profit, as severe wind and hail storms in parts of the United States drove up catastrophe losses for the insurer. Core income of the New York-based company, often seen as … Source: Claims Journal

A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global economy $3.5 trillion over a five-year period, according to research from Lloyd’s and the Cambridge Centre for Risk Studies. While … Source: Claims Journal

VACAVILLE, Calif. (AP) — Pacific Gas & Electric — one of the nation`s largest utilities whose equipment has sparked some of California`s deadliest wildfires — wants to bury power lines in some of its most at-risk areas to prevent destructive … Source: Claims Journal

DENVER (AP) — Colorado’s highest court on Monday upheld the search of Google users` keyword history to identify suspects in a 2020 fatal arson fire, an approach that critics have called a digital dragnet that threatens to undermine people`s privacy … Source: Claims Journal

PORTLAND, Maine (AP) — The Coast Guard said Monday it has launched a formal investigation into a fatal accident aboard a historic schooner off the coast of Maine in which a mast fell and killed one person and injured three … Source: Claims Journal

A divided Arizona Supreme Court upheld a state law that limits liability to bars and restaurants for damages caused by intoxicated patrons, overturning a jury verdict that would have awarded $800,000 to the family of a man who was killed … Source: Claims Journal