Archive for April 2024

China is developing the “ability to physically wreak havoc” on U.S. critical infrastructure and its hackers are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday. The comments were in relation … Source: Claims Journal

Sanofi will pay more than $100 million to settle about 4,000 lawsuits accusing the French drugmaker of failing to warn users that its Zantac heartburn medicine could cause cancer, according to people familiar with the deal. The settlement was announced … Source: Claims Journal

Johnson & Johnson and Kenvue Inc. were ordered to pay $45 million to the family of an Illinois woman who blamed the companies’ baby powders for giving her a fatal cancer in what was the first verdict against the J&J … Source: Claims Journal

Grindr Inc. was sued by users for sharing sensitive personal information, including their HIV status, with advertising companies in a London lawsuit. The LGBTQ+ app allegedly shared information to third parties for commercial purposes without the users’ consent, which included … Source: Claims Journal

NRYZE Claim Solutions named Robert Genkin chief financial officer. Genkin was most recently senior vice president of finance and M&A at Crawford & Co. Previously, Genkin held a variety of investment roles at Cook & Bynum Capital Management, Caravel Management … Source: Claims Journal

A report looking at 1.2 million homes in Colorado shows risks in the one of the top states for hail-related insurance claims are made worse by the state of some properties. The Arturo used artificial intelligence models with aerial imagery, … Source: Claims Journal

A Wells Fargo & Co. bond saleswoman sued the bank for sex discrimination, claiming she was denied the same promotions and pay as men and forced to endure a “boys’ club” environment. Michal Leavitt, a onetime Bear Stearns managing director, … Source: Claims Journal

In today’s digital era, insurers are leveraging social media to gather insights and evidence that could potentially support or jeopardize a person’s claim. Recently, in the Irish town of Ennis, Kamila Grabska won a Christmas Tree Throwing competition. A photo … Source: Claims Journal

Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. A trapped accelerator pedal could cause the … Source: Claims Journal

DraftKings Inc. was hit with a class-action lawsuit accusing the sports betting website of misleading new users into believing their first wager would be risk free. Advertisements promised DraftKings customers that if they lost their “risk-free bet,” instead of having … Source: Claims Journal