Archive for April 2024

Cyber claims frequency in the U.S. rose 13% last year, a new report shows. Coalition this week released its 2024 Cyber Claims Report, which includes data and case studies from organizations across the country. The report portrays cybercrime as “a … Source: Claims Journal

According to Chubb CEO Evan G. Greenberg, the insurance industry’s underwriting practices for a number of financial lines are “simply dumb.” In a call with analysts to discuss Chubb’s earnings for the first quarter, Greenberg said rates for financial lines … Source: Claims Journal

An active weather pattern could bring destructive tornadoes, heavy rains, large hail and strong wind gusts to parts of the central United States over the next several days, according to meteorologists at the National Weather Service and AccuWeather. Two strong … Source: Claims Journal

Delivery company DHL will pay $8.7 million and be subject to the oversight of a court-appointed monitor to settle a class race discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission. The EEOC suit charges that DHL assigned Black … Source: Claims Journal

A retail giant, a space launch operation, a major food processor, the nation’s two biggest rideshare providers and a large healthcare system are among those entities marked as being among the most unsafe employers. The National Council for Occupational Safety … Source: Claims Journal

A Connecticut employer lost its right to contest a workers’ compensation claim because although it mailed its notice to the workers compensation board within the 28 day statutory period, board did not receive the notice by the 28th day. The … Source: Claims Journal

Two south Florida lawsuits against property insurers argue that two major carriers employed a business strategy of hiring inexperienced or even unlicensed claims adjusters after storms, practices that have led to “lowball” damage estimates that fall below deductibles. In one … Source: Claims Journal

A new report on small business owners’ workers’ compensation insurance-buying habits and risk exposures found that 95% offer regular safety training to their employees, according to The Hanover Insurance Group. Training for employees was ranked as the top service used … Source: Claims Journal

What started out as festive time at the North Carolina Mountain State Fair in 2019 ended with 96 people hospitalized with Legionnaires’ disease. Four of them died. The tragedy in Fletcher, North Carolina, made national headlines. Multiple victims filed suit … Source: Claims Journal

Risks associated with nuclear energy such as the proliferation of nuclear weapons, nuclear terrorism, sabotage, coercion and military operations can all be expected to grow as countries seek to implement their new nuclear energy objectives, according to a report by … Source: Claims Journal