Posts by Y@DminG
FDA Halts Vaginal Mesh Sales; Boston Scientific Shares Fall
U.S. health regulators ordered two medical device companies to stop selling surgical mesh used in pelvic repair surgeries after saying there isn’t enough evidence that the product embroiled in thousands of lawsuits is safe or effective. The Food and Drug … Source: Claims Journal
Read MoreBoeing 737 MAX Software Upgrade ‘Operationally Suitable’: FAA Panel
A review by a U.S. Federal Aviation Administration panel into Boeing Co’s grounded 737 MAX aircraft found a planned software update and training revisions to be “operationally suitable,” the agency said Tuesday, an important milestone in getting the planes back … Source: Claims Journal
Read MoreStartup Hopes to Carve a Low-Tech Niche with Tools for Claims Adjusters
In any discussion about the latest tools used by claims professionals, terms such as artificial intelligence, telematics and machine learning may come to mind. But the owner of a Kansas City startup is betting what the industry really needs is … Source: Claims Journal
Read MoreMicrosoft Turned Down Facial-Recognition Sales on Human Rights Concerns
PALO ALTO, California — Microsoft Corp recently rejected a California law enforcement agency’s request to install facial recognition technology in officers’ cars and body cameras due to human rights concerns, company President Brad Smith said on Tuesday. Microsoft concluded it … Source: Claims Journal
Read MoreTexas Man Sentenced to 58 Months in Prison for Stolen Credit Card Numbers
A Texas man who stole more than a thousand credit and debit card numbers was sentenced today to 58 months in federal prison, the U.S. Attorney’s Office for the Northern District of Texas said Tuesday. Odis Edwards, 40, of Lewisville, … Source: Claims Journal
Read MoreGM Failed to Warn of Cadillac SUV Headlight Defect, Suit Claims
General Motors Co. failed to warn U.S. drivers of a Cadillac sport-utility vehicle about a defect that causes headlights to malfunction because moisture gets inside the glass, creating a safety hazard for more than 300,000 of the cars, according to … Source: Claims Journal
Read MoreInsurers Expect France to Bear Notre-Dame Rebuilding Cost
Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire tore through the eight-centuries-old Paris landmark on Monday. The cost of a likely multi-year restoration project could itself take a … Source: Claims Journal
Read More‘Falling Through the Cracks’: Vulnerable Homeowners Overlooked after Disasters
WASHINGTON — It was the middle of the night when Yvonne Rawhouser’s neighbor woke her up to warn her that a nearby hillside was aflame. The wildfire that had been raging through northern California’s wine country in October 2017 was … Source: Claims Journal
Read MoreBoeing Sued by Kenyan Family for Ethiopian 737 Max Crash
The family of a Kenyan man who died in a Boeing Co. 737 Max 8 that crashed in Ethiopia last month filed a complaint against the planemaker in a court in Illinois. George Kabau was an engineer with General Electric … Source: Claims Journal
Read MoreRansom Demands Increasing as More Virulent Viruses Emerge
The average ransom paid to cyber criminals nearly doubled to $12,762 per incident in the first quarter of 2019, compared to $6,733 during the fourth quarter of 2018, according to a report released today by Coveware, a cybersecurity firm based … Source: Claims Journal
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