Archive for April 2025
White House Proposes to Eliminate NOAA Climate Research in Budget Proposal
The administration of President Donald Trump aims to eliminate the arm of the National Oceanic and Atmospheric Administration that oversees research on climate change, and refocus the U.S. fisheries service to support energy development, according to a draft White House … Source: Claims Journal
Read MoreNew York Jury Awards $1.68B to Women Who Accused Director of Sexual Abuse
A New York jury last week awarded $1.68 billion in damages to 40 women who accused writer and director James Toback of sexual abuse and other crimes over a span of 35 years, according to lawyers representing the plaintiffs. The … Source: Claims Journal
Read MoreRoofing Contractor Settles for $290K After Teen Worker’s Fatal Fall
The U.S. Department of Labor reached an agreement with a Jamesport, Missouri roofing contractor after a federal investigation determined he violated federal laws, resulting in a teen worker’s fatal fall in March 2023. The department’s Occupational Safety and Health Administration … Source: Claims Journal
Read More‘Everything Is on the Table’ in NYC Helicopter Probe, NTSB Says
The National Transportation Safety Board said it isn’t ruling anything out as it probes the deadly crash of a New York City tourist helicopter. Source: Claims Journal
Read MoreReport Reveals Remote Access Tools, Supply Chain Key Drivers of Cyber Claims
Ransomware incidents continue to increase in frequency and severity, with attacks rising 20% in 2024 and VPNs seen as the biggest contributor, according to a new report by insurance security provider At-Bay. Mid-sized companies generating $25-100 million in revenue were … Source: Claims Journal
Read MoreNearly 24 Firms Seek Deal With CFTC to Settle Enforcement Cases
Almost two dozen firms have tried to strike deals with the US derivatives regulator to resolve low-stakes enforcement cases, according to an agency statement, after acting Chairman Caroline Pham made an unusual settlement offer last month. The U.S. Commodity Futures … Source: Claims Journal
Read MoreAllianz Report Shows Rising Civil Unrest, Political Violence Remain Top 10 Risk for Global Businesses
Soaring levels of civil unrest and political violence are a key concern for businesses of all sizes as well as for their insurers, according to report published by Allianz Commercial. The impact of civil unrest or strikes, riots and civil … Source: Claims Journal
Read MoreSarah Palin, New York Times to Face Off in Defamation Retrial
Sarah Palin and the New York Times are headed back to a courtroom where the former Alaska governor and Republican vice presidential candidate will try convincing a second jury the newspaper defamed her in an editorial about gun control. A … Source: Claims Journal
Read MoreCalifornia’s Effort to Hold Oil Companies Liable for Natural Disasters Stalls
California lawmakers have blocked a bill to make oil and gas companies liable for damage to homes from natural disasters caused by climate change, warning it could raise gas prices. The bill would have allowed victims of natural disasters, including … Source: Claims Journal
Read MoreNYC Tourist Helicopter Crashes in Hudson River, Killing Six
A helicopter crashed into the Hudson River on Thursday, the latest in a string of incidents in the past few months that has rattled confidence in aviation safety. Source: Claims Journal
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