U.S. lawmakers on Tuesday stepped up pressure on federal regulators and Takata Corp to accelerate the recall of millions of airbag inflators, citing evidence that the Japanese company manipulated data to cover up problems with its products. In another development … Source: Claims Journal

Cybersecurity experts worry that the $17,000 a Los Angeles hospital paid hackers to regain control of its computers could signal a troubling escalation of the growing “ransomware” threat. Though patient care was not “compromised in any way,” Hollywood Presbyterian Medical … Source: Claims Journal

The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending. Amid widespread concerns about cyber attacks and data … Source: Claims Journal

Mars Inc has recalled chocolate bars and other products in 55 countries, mainly in Europe, due to choking risk after a piece of plastic was found in a Snickers bar in Germany. All of the recalled products, which include Mars, … Source: Claims Journal

Cargo shipments of the rechargeable lithium batteries used in countless consumer products should no longer be allowed on passenger planes because they can create intense fires capable of destroying an aircraft, a U.N. aviation agency has concluded. The decision late … Source: Claims Journal

A service to commemorate the fifth anniversary of a deadly earthquake in the New Zealand city of Christchurch turned ugly Monday when someone threw goop over the government minister responsible for quake recovery efforts. Hundreds of people attended the botanical … Source: Claims Journal

Lumber Liquidators Holdings Inc. flooring, tested for formaldehyde, was found to have a three times higher risk of causing cancer than previously stated, U.S. regulators said in reversing their own finding from earlier this month. A report released Feb. 10 used … Source: Claims Journal

Under Florida law, a party seeking reimbursement of Personal Injury Protection (PIP) benefits must formally demand payment by the insurer before filing a lawsuit. Specifically, Florida Statute 627.736(10), in conjunction with other parts of the No Fault Law, outlines the … Source: Claims Journal

An inspection conducted on the boilers of a ship before it sank in a hurricane last fall found parts that had “deteriorated severely” or needed to be replaced, but company engineers believed it was still safe enough to set sail, … Source: Claims Journal

State Auto Financial Corp. ended 2015 with a steep drop in net income and a combined ratio that landed well above 100. Executives blamed a bad year for the insurer’s auto lines but added that they’ve taken corrective steps. Net … Source: Claims Journal