Posts by Y@DminG

Becton, Dickinson & Co. has agreed to a $175 million fine over Securities and Exchange Commission claims it repeatedly misled investors about one of its most important products. The regulator said Becton Dickinson was aware an infusion pump it manufactured … Source: Claims Journal

Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some fear it will be hard to enforce and too costly. Many small and medium-sized firms, which form the backbone of … Source: Claims Journal

ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a defamation lawsuit over anchor George Stephanopoulos’ inaccurate on-air assertion that the president-elect had been found civilly liable for raping writer E. Jean Carroll. As … Source: Claims Journal

An analysis of residential properties across the U.S. shows a large proportion of homes with multiple structures may be underinsured or uninsured because the additional structures sometimes go undetected. ZestyAI, a of climate and property risk analytics provider, sampled 1 … Source: Claims Journal

A new report asserts that wearable technology may help reduce workers’ compensation claims. Devices worn by workers that monitor a worker’s physical condition and movements as well as measure and detect surrounding environmental hazards may guide workers away from dangerous … Source: Claims Journal

The U.S. Transportation Department said Monday it will require rear seat reminder systems to boost seat belt use starting in late 2027 in a bid to reduce traffic crash deaths and injuries that have been rising in recent years. The … Source: Claims Journal

Long-range forecasters say more towns and cities across the U.S. could experience a white Christmas this year compared to 2023, bringing a slight possibility that more than half the nation could have some snow on the rooftops on Dec. 25. … Source: Claims Journal

The Philadelphia Eagles football team has lost its bid for federal court reconsideration of the dismissal of the team’s claim for insurance coverage for COVID-19 losses. The Eagles tossed a red flag in November after the federal district for Eastern … Source: Claims Journal

Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how they’re protected against oil spills and other high-cost claims. Nations including Denmark, Estonia, … Source: Claims Journal

Local officials in the French territory Mayotte fear as many as 1,000 people have died after Tropical Cyclone Chido hit the archipelago off the coast of Mozambique on Saturday. Emergency crews on Monday worked to rescue survivors amid scenes of … Source: Claims Journal