News
The manufacturer of a popular weedkiller won support Wednesday from the Missouri House for a proposal that could shield it from costly lawsuits alleging it failed to warn customers its product could cause cancer. The House vote marked an important … Source: Claims Journal
A Baltimore small business has filed a class action against the owner and operator of the cargo ship Dali that crashed into the Francis Scott Key Bridge last month. The suit, filed Thursday by the Karen Austin, the founder of … Source: Claims Journal
HSBC Holdings Plc successfully fought off a London court claim brought by a group of investors in a £1.3 billion ($1.6 billion) lawsuit over tax breaks linked to Walt Disney Co. film financing. The bank faced allegations that it misled … Source: Claims Journal
Cyber claims frequency in the U.S. rose 13% last year, a new report shows. Coalition this week released its 2024 Cyber Claims Report, which includes data and case studies from organizations across the country. The report portrays cybercrime as “a … Source: Claims Journal
According to Chubb CEO Evan G. Greenberg, the insurance industry’s underwriting practices for a number of financial lines are “simply dumb.” In a call with analysts to discuss Chubb’s earnings for the first quarter, Greenberg said rates for financial lines … Source: Claims Journal
An active weather pattern could bring destructive tornadoes, heavy rains, large hail and strong wind gusts to parts of the central United States over the next several days, according to meteorologists at the National Weather Service and AccuWeather. Two strong … Source: Claims Journal
Delivery company DHL will pay $8.7 million and be subject to the oversight of a court-appointed monitor to settle a class race discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission. The EEOC suit charges that DHL assigned Black … Source: Claims Journal
A retail giant, a space launch operation, a major food processor, the nation’s two biggest rideshare providers and a large healthcare system are among those entities marked as being among the most unsafe employers. The National Council for Occupational Safety … Source: Claims Journal
A Connecticut employer lost its right to contest a workers’ compensation claim because although it mailed its notice to the workers compensation board within the 28 day statutory period, board did not receive the notice by the 28th day. The … Source: Claims Journal
Two south Florida lawsuits against property insurers argue that two major carriers employed a business strategy of hiring inexperienced or even unlicensed claims adjusters after storms, practices that have led to “lowball” damage estimates that fall below deductibles. In one … Source: Claims Journal