Archive for June 2024

Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform Abra and its CEO for operating without required state licensing. As part of the settlement, Abra last year agreed to stop accepting crypto from U.S. … Source: Claims Journal

DuPont, 3M, Honeywell and 16 other defendants were sued on Tuesday by Connecticut firefighters who said their protective gear was contaminated by toxic “forever chemicals” linked to cancer. Lawyers for the plaintiffs said they believed the proposed class action filed … Source: Claims Journal

More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according to property data firm CoreLogic. “Multiple, active wildfires in south-central New Mexico potentially impacted approximately 1,300 residential properties with a … Source: Claims Journal

Hackers behind a London hospital attack recently published records that include personal information about pregnant women, cancer patients and thousands of other people across the UK and Ireland, revealing the breach was far more widespread than authorities have previously indicated. … Source: Claims Journal

Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk … Source: Claims Journal

Floodwaters damaged hundreds of properties this week across parts of Nebraska, Iowa, Minnesota and South Dakota as the Midwest recovers from days of intense rainfall. Three days of torrential downpours resulted in as much as 18 inches of rainfall in … Source: Claims Journal

A Russian court has ordered Italian bank UniCredit to pay 448.2 million euros ($479.44 million) in a lawsuit over an aborted gas project brought by St Petersburg-based RusChemAlliance, a joint venture 50% owned by Russian gas giant Gazprom. UniCredit was … Source: Claims Journal

Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to improve technology and connect rate to risk, Berkshire’s personal auto insurer still surpasses Progressive on customer satisfaction. According to the … Source: Claims Journal

A hack on a London hospital has left hundreds of millions of health records exposed and forced doctors to reschedule life-altering cancer treatments. In North America, a gang tried auctioning off data about LendingTree Inc. customers after finding credentials in … Source: Claims Journal

Gallagher named Alex Michon area president, Rachel Burnett area chief operating officer, Joe Kirksey managing director of the crop practice group and Laila Brabander president of private client. Michon will launch the new Sacramento satellite office. Michon’s area of specialization … Source: Claims Journal