Posts by Y@DminG

NEW YORK — A U.S. cryptocurrency investor on Thursday sued a suburban New York high school senior, accusing the 18-year-old of being the mastermind and ringleader of a cybercrime scheme that defrauded him out of millions of dollars in digital … Source: Claims Journal

WASHINGTON — U.S. auto safety regulators will not require automakers to recall 56 million additional Takata air bag inflators, the National Highway Traffic Safety Administration (NHTSA) said on Thursday, saying the devices do not pose a safety risk like the … Source: Claims Journal

COVID-19 and the onset of a deep global recession are reshaping every corner of workers’ compensation, from legal issues surrounding coverage to the delivery of care to injured workers. Some of the changes can be anticipated based on prior recessions. … Source: Claims Journal

The messages began arriving in World Health Organization employees’ inboxes in early April, seemingly innocuous emails about the coronavirus from news organizations and researchers. But a close examination revealed that they contained malicious links, and some security experts have traced … Source: Claims Journal

A gas leak at an LG Chem Ltd. polymer plant in southern India has killed at least 11 people and forced the evacuation of thousands in the city of Visakhapatnam after the company tried to restart operations following the partial … Source: Claims Journal

The U.S. Education Department on Wednesday finalized campus sexual assault rules that bolster the rights of the accused, reduce legal liabilities for schools and colleges, and narrow the scope of cases schools will be required to investigate. The change announced … Source: Claims Journal

CHARLESTON, W.Va. — The Centers for Disease Control and Prevention told West Virginia officials that respirator masks distributed to 50,000 first responders might be counterfeit, but officials decided to leave them in use, according to a report. After the warning, … Source: Claims Journal

LONDON — Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July, a member of a policyholder action group said on Thursday. The Hiscox Action Group, which is seeking to … Source: Claims Journal

LONDON — Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators said. Disputes over cover for businesses struggling to stay afloat during coronavirus lockdowns have erupted … Source: Claims Journal

FRANKFURT — Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis in excess of 1 billion euros ($1.08 billion) this year after it posted a 65% drop in first-quarter … Source: Claims Journal