Posts by Y@DminG

Global aerospace company AAR Corp. has agreed to pay more than $55 million to resolve allegations of bribing Nepalese and South African public officials, the U.S. Securities and Exchange Commission said on Thursday. The amount involved settlements with the SEC … Source: Claims Journal

Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. The hacking amount exceeded $1 billion for the fourth straight year and the … Source: Claims Journal

Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. A CargoNet analysis of holiday-period theft data from the past five years shows a heightened risk during the Christmas and New Year periods. The days … Source: Claims Journal

A California man was sentenced to 16 years in prison for filing false claims on dozens of auto collisions. Jacob McNabb, 33, of Bakersfield, was sentenced following a jury’s guilty verdict on four felony counts including insurance fraud after a … Source: Claims Journal

The U.S. Senate Budget Committee on Wednesday held a hearing to release a study they said confirms climate change is increasing non-renewal rates in multiple states, but the insurance industry clapped back by saying extreme weather is just part of … Source: Claims Journal

A group of Google Help staffers reached a union contract with their employer, Accenture Plc, securing protections on remote work and workplace surveillance that could be a template for others in Alphabet Inc.’s sprawling contract workforce. The collective bargaining agreement … Source: Claims Journal

American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement … Source: Claims Journal

The U.S. Environmental Protection Agency said on Wednesday it has approved California’s landmark plan to end the sale of gasoline-only vehicles by 2035. The decision in the final weeks of President Joe Biden’s administration sets up a fight over the … Source: Claims Journal

U.S. auto safety regulators backed down from forcing a recall of about 50 million air bag inflators they have said could explode in a crash, de-escalating a fight that has dragged on for years. The National Highway Traffic Safety Administration … Source: Claims Journal

CVS Health Corp. pharmacies illegally dispensed controlled substances including opioids, fueling an overdose crisis as short-staffed stores ignored red flags, the U.S. Department of Justice alleged in a whistleblower lawsuit unsealed Wednesday. The largest U.S. pharmacy chain deliberately set staffing … Source: Claims Journal