Posts by Y@DminG

When Hurricane Katrina slammed into New Orleans in August 2005, causing greater insurance losses than any other natural disaster in history, it became clear that a lot of the city’s flood protection engineering — walls, pumps, levees — had failed. … Source: Claims Journal

JPMorgan Chase & Co. will pay 1.4 billion ringgit ($330 million) to Malaysia to resolve all existing and potential claims relating to the sovereign wealth fund 1MDB, a move that will end its exposure to one of the biggest financial … Source: Claims Journal

The Gulf Coast of the United States is increasingly vulnerable to hurricanes, a scientist has warned in a new study, 20 years after Katrina devastated New Orleans and hundreds of miles of coastline. Mark Bove, a meteorologist with the German … Source: Claims Journal

As global temperatures continue to rise, the risks to workers’ productivity and health also are worsening, a United Nations study released Friday found. For every degree above 20C (68F), worker productivity drops between 2% and 3%, according to analysis from … Source: Claims Journal

The chairman of the U.S. Federal Trade Commission warned Apple, Alphabet, and other technology companies on Thursday that efforts to comply with British and European digital content laws could violate U.S. law if they weaken privacy and data security protections … Source: Claims Journal

A member of a notorious cybercrime gang known as Scattered Spider was sentenced on Wednesday to ten years in prison in connection with a string of major hacks and cryptocurrency thefts. US District Judge Harvey Schlesinger delivered the sentence to … Source: Claims Journal

The fire burned for about nine hours, billowing smoke and scorching the wooden trestles of a nearly 75-year-old railroad bridge that spans the Marys River in Corvallis, home to Oregon State University. Long after the flames died out, Michelle Emmons, … Source: Claims Journal

Alphabet’s robotaxi unit Waymo has received its first permit to begin testing its autonomous vehicles in New York City with a trained specialist behind the wheel, helping the company advance its self-driving ambitions. Waymo can now begin testing a limited … Source: Claims Journal

Two homes on the North Carolina Outer Banks sit precariously in the high waves with their days seemingly numbered. Since 2020, 11 neighboring homes have fallen into the Atlantic Ocean. While the swells from storms like Hurricane Erin make things … Source: Claims Journal

A ransomware attack that encrypted certain elements of dialysis firm DaVita’s network impacted 2.7 million people, the U.S. health department’s website showed on Thursday. The firm had disclosed in April that it was hit by a cyberattack. At the time, … Source: Claims Journal