Archive for January 2020

HAVANA — A powerful magnitude 7.7 earthquake struck in the Caribbean Sea between Jamaica and eastern Cuba on Tuesday, shaking a vast area from Mexico to Florida and beyond, but there were no reports of casualties or heavy damage. The … Source: Claims Journal

Hackers posing as a veteran London art dealer tricked a Dutch museum buying a John Constable painting into paying 2.4 million pounds ($3.1 million) into a fraudulent bank account. Scamming their way into the middle of months of negotiating emails … Source: Claims Journal

Online insurance startup Policygenius raised $100 million from investors including KKR & Co. and venture capital operations backed by Axa SA, Massachusetts Mutual Life Insurance Co. and Transamerica. The company has annual revenue of $60 million, which is 10 times … Source: Claims Journal

Senator Lindsey Graham, a top Trump ally, is targeting giant internet platforms with a child protection measure that could threaten tech companies’ use of encryption and a liability exemption they prize. The draft bill from Graham, the South Carolina Republican … Source: Claims Journal

For the second time in a year, a federal judge rejected a plaintiff’s attorney’s argument that an insurance carrier acted in bad faith by using the Mitchell Decision Point program when calculating the value of a Colorado policyholder’s underinsured motorist … Source: Claims Journal

Pilots on a Republic Airways Services Inc. flight leaving Atlanta in November lost the ability to raise and lower their Embraer SA EMB-175’s nose, a failure reminiscent to what helped lead to the two 737 Max crashes, investigators said on … Source: Claims Journal

The Interior Department is banning non-emergency flights of its fleet of 810 drones as it reviews national security concerns about the Chinese-made devices. The restrictions were outlined in an order signed Wednesday by Interior Secretary David Bernhardt that doesn’t name … Source: Claims Journal

Canberra, Australia’s capital that’s surrounded by bush, is facing its worst wildfire threat in 17 years as a blaze sparked by a military helicopter approaches the city amid heatwave conditions. Residents in Canberra’s southern suburbs should be vigilant after the … Source: Claims Journal

The helicopter ferrying basketball legend Kobe Bryant and eight others that slammed into a hillside near Los Angeles Sunday wasn’t equipped with a device designed to warn pilots when they’re in danger of hitting rising terrain. Investigators cautioned they weren’t … Source: Claims Journal

NEW YORK — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous. Shkreli was scorned as the bad-boy face … Source: Claims Journal