Posts by Y@DminG

Claims errors continue to be the most frequent reason that property and casualty insurers are cited by regulators when responding to market conduct complaints or during routine examinations, according to a new report by Wolters Kluwer Compliance Solutions. Failure to … Source: Claims Journal

Cyber insurers and other financial institutions that facilitate payments to hackers to end cyberattacks risk running afoul of sanctions rules, the U.S. Treasury Department warned on Thursday. The warnings, which referenced malicious programs known as ransomware, came in advisories from … Source: Claims Journal

ROCKVILLE CENTRE, N.Y. — A Roman Catholic diocese in New York City’s suburbs has become the largest in the U.S. to declare bankruptcy to protect itself from a wave of lawsuits filed over past sexual abuse by clergy members. The … Source: Claims Journal

SANTA ROSA, Calif. — Nikki and Kevin Conant returned to their home in Northern California wine country Wednesday to find only the charred remains of their home and burned pieces of the wine barrels they used to repurpose into custom-made … Source: Claims Journal

ALBUQUERQUE, N.M. — A U.S. district judge has dismissed New Mexico’s privacy claims against Google over privacy concerns, but New Mexico’s top prosecutor vowed Monday to continue the legal fight to protect child privacy rights. The judge concluded in a … Source: Claims Journal

NEW ORLEANS — The owners of the horse racing track in New Orleans have agreed to pay a $2.8 million penalty for letting horse manure and urine into the city’s drainage system for at least six years and to spend … Source: Claims Journal

LAS VEGAS — A court on Wednesday approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in … Source: Claims Journal

U.S. traffic deaths fell during the coronavirus lockdowns but drivers engaged in riskier behavior as the fatality rate spiked to its highest level in 15 years, according to preliminary data released Thursday. The National Highway Traffic Safety Administration (NHTSA) reported … Source: Claims Journal

Amazon.com Inc. on Thursday said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year, or 1.44% of the total, a disclosure sought by labor advocates who have criticized the COVID-19 response of the world’s largest online … Source: Claims Journal

HOUSTON, Oct 1 — A Texas judge on Thursday acquitted the U.S. arm of French chemical maker Arkema SA and a top executive of criminal recklessness stemming from a 2017 blaze that injured 21 people, a verdict that ended all … Source: Claims Journal