Archive for August 2024
Southern California Edison Seeks to Recover $1.6B of Wildfire-Related Losses
Southern California Edison, a unit of utility Edison International said on Thursday it was seeking approval for a settlement agreement to recover nearly 60% of losses related to wildfires and mudslides in 2017 and 2018. Under the agreement with the … Source: Claims Journal
Read MoreTyphoon Shanshan Churns Over Japan, Dumping Heavy Rain
Typhoon Shanshan weakened to a tropical storm after hitting Japan’s southwestern island of Kyushu, with the government continuing to warn that landslides could be triggered by heavy rain as the weather system beats its way slowly across the country in … Source: Claims Journal
Read MoreGame Theory and Worker’s Comp: Understanding Stakeholder Frictional Maps
In the complicated and highly regulated world of workers’ compensation, predicting the trajectory and resolution of a claim can be an intricate challenge. The interactions among injured workers, employers, insurance adjusters and treating physicians significantly influence how quickly a claim … Source: Claims Journal
Read MoreChinese Hackers Exploited Bug to Compromise Internet Companies, Cybersecurity Firm Says
A Chinese hacking group exploited a software bug to compromise several internet companies in the United States and abroad, a cybersecurity firm said on Tuesday. Researchers at the firm Lumen Technologies said in a blog post that the hackers took … Source: Claims Journal
Read MoreDick’s Sporting Goods Discloses Unauthorized Third-Party Access to Information
Dick’s Sporting Goods said on Wednesday it discovered last week that an unauthorized third party had access to its information systems, including certain confidential data. Cyber attacks have become increasingly common with corporate companies having to engage law enforcement to … Source: Claims Journal
Read MoreMeta Faces $3.6M Fine on Brazil Following Suit Over Bogus Havan Ads
Meta Platforms faces a fine of up to $3.62 million after losing a lawsuit by Brazilian department store chain Havan that accused the social media company of accepting paid advertisements that fraudulently use the retailer’s name to deceive consumers. A … Source: Claims Journal
Read MoreTikTok Must Face Lawsuit Over 10-Year-Old Girl’s Death, Court Rules
A U.S. appeals court has revived a lawsuit against TikTok by the mother of a 10-year-old girl who died after taking part in a viral “blackout challenge” in which users of the social media platform were dared to choke themselves … Source: Claims Journal
Read MoreRobots Are Starting Fires in California — and That’s a Good Thing
Cody Chiverton has spent the past decade lighting fires. As a former firefighter with the U.S. Forest Service, he participated in dozens of prescribed burns across the American West, in which fire-prevention teams would carry drip torches to ignite dry … Source: Claims Journal
Read MoreAmericans Shop Around for Insurance More Than Ever as Costs Soar
Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows. For car insurance, so-called policy shopping rates — essentially the share of … Source: Claims Journal
Read MoreTikTok Sued in U.K. by Content Moderator Alleging Toxic Workplace
ByteDance Ltd.’s TikTok was sued by a content moderator in the UK alleging disability discrimination and a toxic work environment that caused her stress and pregnancy complications. Olivia Anton Altamirano worked on TikTok’s Badness Project meant to weed out harmful … Source: Claims Journal
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