Archive for October 2025
Storm Threatens to Disrupt Transport Systems Across Northern UK
The first named storm of the season is forecast to hit the U.K. and Ireland with heavy rain and gale-force winds on Friday and Saturday, disrupting transport in northern regions. Amber and yellow alerts have been issued for a large … Source: Claims Journal
Read MoreCyber Group Extorts Executives After Claiming Oracle Apps Breach
Executives at large organizations are being extorted by a notorious ransomware group, which claims to have stolen data from them via Oracle Corp.’s popular E-Business Suite applications, according to a Google cybersecurity executive and three others familiar with the matter. … Source: Claims Journal
Read MoreFired CFO in $4.7M Fight With Moët Hennessy Over NDA
Moët Hennessy and its ousted finance chief are embroiled in a legal spat after the drinks giant accused him of violating a non-disclosure agreement by leaking secrets for an article about his partner’s sexual-harassment claim. Mark Stead signed the NDA … Source: Claims Journal
Read MoreCoinbase Now Faces Narrowed Shareholder Lawsuit
A federal judge said Coinbase shareholders may pursue a narrowed lawsuit accusing the largest U.S. cryptocurrency exchange operator of concealing business risks, including whether it would be sued by the Securities and Exchange Commission. In a Tuesday night decision, U.S. … Source: Claims Journal
Read MoreFormer Deutsche Bank Employees Sue German Lender in London
Five former Deutsche Bank employees are suing their ex-employer, according to court filings published in London on Wednesday. The five were among a group of bankers at Deutsche who were convicted in 2019, and then acquitted in 2022, over derivative … Source: Claims Journal
Read MoreConstruction Helmet Ratings Show Modern Designs Can Save Lives
The 2018 collapse of a pedestrian bridge in Miami, Florida, served as a headgear wake-up call for Scott Greenhaus. A 40-plus-year veteran of the construction industry, Greenhaus was working with his team to install a post-tensioning system when the bridge … Source: Claims Journal
Read MoreSeptember Marks Rare Absence of Hurricane Landfalls in US
September turned out to be a slumber for hurricane watchers. For the first time in a decade, the month of September produced no hurricane landfalls in the United States. Seven of the previous eight years this occurred, no hurricane made … Source: Claims Journal
Read MoreBuyers Rush to Nab EVs, Giving Carmakers Much-Needed Sales Boost
Carmakers including Ford Motor Co. and Hyundai Motor Co. saw a surge in new electric vehicle sales this past quarter, giving the industry a boost despite ongoing uncertainty from President Donald Trump’s shifting trade policies. Shoppers rushed to take advantage … Source: Claims Journal
Read MoreUber Found Not Liable in First US Trial Over Driver Sexual Assault Claims
Uber is not liable for the sexual assault of a woman who said she was attacked by her driver on a ride she ordered from the ridesharing app, a California jury said on Tuesday, according to an attorney for the … Source: Claims Journal
Read MoreSwiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards
The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the United … Source: Claims Journal
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