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HPE Investigating Breach Claims, Says No Business Impact
Hewlett Packard Enterprise Co. says it’s investigating a potential cyber incident from a hacking gang that’s also breached other technology giants. The company became aware last week of “claims being made by a group called IntelBroker that it was in … Source: Claims Journal
Read MoreLA Braces for Fire Risk From Bone-Dry Winds as Winter Rains Lag
Dangerous winds and drought will create extreme fire risk across Southern California Tuesday, putting more than 11 million people in the path of conditions that would allow blazes to spread quickly as the region holds out hope for rain. Seasonal … Source: Claims Journal
Read MoreFEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers
The Federal Emergency Management Agency said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of nearly $758 million to the private market through the use of 27 reinsurance companies – up from 18 companies a … Source: Claims Journal
Read MoreVanguard to Pay $106 Million Over Retirement Fund Violations
Vanguard Group will pay more than $106 million to settle U.S. Securities and Exchange Commission allegations that it made misleading statements about capital gains distributions and tax consequences to retail investors who held popular target-date retirement funds in taxable accounts. … Source: Claims Journal
Read MoreGM Agrees to 5-Year Ban on Selling Drivers’ Location Data
U.S. automaker General Motors and its subsidiary OnStar agreed not to disclose sensitive vehicle geolocation and driver behavior data to consumer reporting agencies for five years, the U.S. Federal Trade Commission said last week. The agency alleged the largest U.S. … Source: Claims Journal
Read MoreAutomakers Seek Repeal of Biden’s High-Speed Braking Rule
The largest U.S. auto trade group wants a federal court to block a Biden administration rule requiring carmakers to install automatic emergency braking systems on new vehicles that the industry argues is impractical. The Alliance for Automotive Innovation on Friday … Source: Claims Journal
Read MoreInsurers Balk at $19.7M Claim on Fake Basquiat Paintings Seized by FBI
Two insurance companies have asked a court to block a $19.7 million claim by owners of more than two dozen forged Jean-Michel Basquiat paintings that were seized during an FBI raid at the Orlando Museum of Art in 2022. The … Source: Claims Journal
Read MoreNHTSA Opens Preliminary Probe into More Than 870,000 GM Vehicles
The U.S. National Highway Traffic Safety Administration said it was opening a preliminary probe into 877,710 vehicles manufactured by General Motors, after receiving reports alleging engine failure. The investigation covers certain Chevrolet Silverado, GMC Sierra, Chevrolet Tahoe, Chevrolet Suburban, GMC … Source: Claims Journal
Read MoreLos Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger
California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms. That means waiving green construction mandates designed to combat climate change — which is driving such conflagrations by making conditions … Source: Claims Journal
Read MoreSchool Employee Kicked 25 Times in 11 Days Denied Workers Comp
A Virginia student assistant who suffered injuries in both knees after being kicked 25 times over a period of 11 days is not entitled to workers’ compensation benefits. The Virginia Workers’ Compensation Commission (WCC) upheld a deputy commissioner’s denial of … Source: Claims Journal
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