Archive for September 2024

Cybersecurity claims reported in recent years vary sharply, with larger claims reaching $500 million of data loss and smaller claims as low $1,000. NetDilligence released its annual report, which analyzes 10,464 claims from incidents between 2019 and 2023. The report … Source: Claims Journal

The U.S. Federal Trade Commission announced actions against five companies on Wednesday that it said used artificial intelligence in deceptive and unfair ways. Three of the cases suspended operations at businesses that purported to help consumers generate passive income by … Source: Claims Journal

The National Science Foundation and the National Oceanic Atmospheric Administration are supporting an initiative to research and solve challenges posed by severe convective storms. Under the initiative, the Cooperative Center for Interdisciplinary Research on Convective Storms is being proposed by … Source: Claims Journal

Pfizer and Moderna’s legal battle over their rival COVID-19 vaccines will continue after London’s High Court on Wednesday gave Pfizer permission to take the case to the Court of Appeal. Pfizer and its German partner BioNTech sued Moderna in London … Source: Claims Journal

Hurricane Helene is expected to hit Florida as a Category 3, and a property data firm estimates that nearly 25,000 residential properties with a combined reconstruction cost value of $5.6 billion are at risk to storm surge flooding—a reinsurer estimates … Source: Claims Journal

Google has ramped up a legal squabble with Microsoft Corp. over the lucrative cloud market, accusing the U.S. software giant of abusing its market dominance in a formal complaint to the European Union’s antitrust watchdog. The Alphabet Inc. unit alleged … Source: Claims Journal

A jury has awarded $116 million to the family of one of five people killed in a no-door helicopter that crashed and sank in a New York City river, leaving passengers trapped in their safety harnesses. The verdict came last … Source: Claims Journal

Tropical Storm Helene grew stronger as it moved into the Gulf of Mexico, where it threatens to clip the Yucatan Peninsula before striking Florida’s west coast as a major hurricane on Thursday. Helene’s winds rose to 70 miles (113 kilometers) … Source: Claims Journal

Elon Musk and X asked a federal judge to dismiss former CNN anchor Don Lemon’s lawsuit claiming they defrauded him by canceling a partnership on the social media platform following a contentious interview. In a Monday night filing in San … Source: Claims Journal

Rick Wilmer spends most of his work days at the office. But every so often, the chief executive officer of ChargePoint Holdings Inc. will make his way to the company’s laboratory in San Jose, California, where he dons safety glasses … Source: Claims Journal